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" A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental... "
An Argument, in Favor of the Constitutionality of the General Banking Law of ... - Page 18
by Samuel Alfred Foot - 1839 - 101 pages
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A Complete Course in ISC Commerce

R. P. Maheshwari - 1997 - 324 pages
...members. The portion of the capital to which each member is entitled is his share." — Lord Lindley "A corporation is an artificial being, invisible,...intangible and existing only in contemplation of law. Being a mere creation of law, it possesses only the properties which the charter of its creation confers...
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Principles of Business Studies

R. P. Maheshwari - 1997 - 398 pages
...body and a common seal." Chief Justice Marshall of USA in Dartmouth College Case defined a company as, "A corporation is an artificial being, invisible, intangible and existing only in contemplation of the law. Being a mere creation of law, it possesses only the properties which the charter of its creation...
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A Complete Course in ISC Commerce

R. P. Maheshwari - 1997 - 248 pages
...body and a common seal". Chief Justice Marshall of USA in Dartmouth College case defined a company as "A corporation is an artificial being, invisible, intangible and existing only in contemplation of the law. Being a mere creation of law, it possesses only the properties which the charter of its creation...
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Making the Nonprofit Sector in the United States: A Reader

David C. Hammack - 1998 - 508 pages
...members of the civil government. Is it from the act of incorporation? Let this subject be considered. A corporation is an artificial being, invisible, intangible,...which the charter of its creation confers upon it, either expressly, or as incidental to its very existence. These are such as are supposed best calculated...
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Membership and Morals: The Personal Uses of Pluralism in America

Nancy L. Rosenblum - 2000 - 450 pages
...evolve. The contrasting view sees corporations as artificial entities. In Chief Justice Marshall's words: "a corporation is an artificial being, invisible,...possesses only those properties which the charter of creation confers upon it."87 It follows that corporations are restricted to the specific purposes set...
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Consuming Power: A Social History of American Energies

David E. Nye - 1999 - 358 pages
...Because of its diverse ownership and its large size, the corporation at first was legally understood as "an artificial being, invisible, intangible, and existing only in contemplation of law." 14 By 1900, however, corporations had far broader powers. 15 "In historical perspective," writes Mulford...
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John Marshall: Definer of a Nation

Jean Edward Smith - 1998 - 788 pages
...turned to the nature of a corporation. In a definition destined for constitutional immortality, he said: A corporation is an artificial being, invisible, intangible; and existing only in the contemplation of the law. ... It possesses only those properties which the charter of its creation...
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Hungary: Towards a Market Economy

László Halpern, Charles Wyplosz - 1998 - 418 pages
...have been a company. but in most cases it wasn'ta corporation. We understand by the term 'corporation' 'An artificial being, invisible, intangible, and existing only in contemplation of law. It is exclusively the work of the law, and the best evidence is the grant of corporate powers by the...
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The ITT Wars: An Insider's View of Hostile Takeovers

Rand V. Araskog - 1999 - 268 pages
...reading — from a CEO who wrote it himself. One of my reporter friends said, "that was obvious." PARTI A corporation is an artificial being, invisible, intangible,...which the charter of its creation confers upon it, either expressly or as incidental to its very existence. These are such as are supposed best calculated...
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Gain: A Novel

Richard Powers - 1999 - 372 pages
...the classic definition that Marshall gave in Dartmouth College v. Woodward, a half century before: A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. By this point in Samuel's oration, most of his day laborers had slipped quietly back to work. Those...
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