| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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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