 | Albert Sidney Bolles - 1907 - 600 lapas
...contract is "wholly void and of no legal effect. The objection to the contract is, not 62 See note 23. merely that the corporation ought not to have made it, but that it could not make it."63 The view prevailing with many state courts is that an ultra vires contract imports, not that... | |
 | 1908 - 1298 lapas
...conferred upon It by the Legislature — Is not voidable only, but wholly void, and of no tegal effect. The objection to the contract is not merely that the...to have made It, but that it could not make It. The contract cannot be ratified by either party, because It could not have been authorized by either. No... | |
 | Leslie Jay Tompkins - 1908 - 1188 lapas
...conferred upon it by the legislature — is not voidable only, but wholly void, and of no legal effect. The objection to the contract is not merely that the...to have made it, but that it could not make it. The contract cannot be ratified by either party, because it could not have been authorized by either. No... | |
 | 1908 - 1304 lapas
...conferred upon it by the Legislature — is not voidable only, but wholly void, and of no legal effect. The objection to the contract is not merely that the...not to have made it, but that it could not make It.' Such a contract cannot be satisfied by either party, because it could not have been authorized by either.... | |
 | New York (State). Courts, Francis Blaine Delehanty, Austin B. Griffin, Robert George Scherer, Edward Jordan Dimock, Joseph Albert Lawson, Charles Cook Lester, William Van Rensselaer Erving, Louis J. Rezzemini - 1908 - 740 lapas
...conferred upon it by the legislature, is not voidable only, but wholly void, and of no legal effect — the objection to the contract is not merely that the...not to have made it, but that it could not make it.' Such a contract cannot be satisfied by either party, because it could not have been authorized by either.... | |
 | 1908 - 1300 lapas
...conferred upon It by the Legislature — is not voidable only, but wholly void, and of no legal effect. The objection to the contract Is not merely that the...corporation ought not to have made it, but that it coulrl not make it. The contract cannot be ratified by either party, because It could not have been... | |
 | Illinois. Courts - 1908 - 604 lapas
...legislature, is not only voidable, but wholly void and 85 of no effect. The objection to the contract here is not merely that the corporation ought not to have made it, but that it could not lawfully make it. The contract could not be ratified by either party because it could not have been... | |
 | Edward Henry Warren - 1909 - 736 lapas
...conferred upon it by the legislature, is not voidable only, but wholly void, and of no legal effect. The objection to the contract is, not merely that...to have made it, but that it could not make it. The contract cannot be ratified by either party, because it could not have been authorized by either. No... | |
 | Texas. Court of Civil Appeals - 1910 - 760 lapas
...conferred upon it by the Legislature, is not voidable only, but wholly void, and of no legal effect. The objection to the contract is, not merely that...to have made it, but that it could not make it. The contract can not be ratified by either party because it could not have been authorized by either. No... | |
 | Francis Buchanan Tiffany - 1912 - 732 lapas
...conferred upon it by the legislature, is not voidable only, but wholly void, and of no legal effect. The objection to the contract is, not merely that...to have made it, but that it could not make it. The contract cannot be ratified by either party, because it could not have been authorized by either. No... | |
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... A contract of a corporation, which is ultra vires in the proper sense, that is to say, outside the object of its creation as defined in the law of its organization, and therefore beyond the powers conferred upon it by the Legislature, is not voidable... 
