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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... "
Annual Report of the American Bar Association: Including Proceedings of the ... - 305. lappuse
autors: American Bar Association - 1900
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Papers and Addresses on the Law of Fraternal Insurance: Read and Delivered ...

National Fraternal Congress of America. Law Section - 1917 - 410 lapas
...legislature, is not only voidable, but wholly void, and of no legal 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 cannot be ratified by either party because it could not have been authorized...
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Reports of Cases Argued and Determined in the Supreme Court of ..., 86. sējums

Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - 1918 - 848 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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United States Supreme Court Reports, 35. sējums

United States. Supreme Court - 1919 - 1148 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....
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United States Circuit Courts of Appeals Reports: With Key-number Annotations ...

1899 - 806 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 l>e ratified by either party, because It could not have been authorized by either....
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A Treatise on the Law of Railroads: Containing a Consideration of ..., 1. sējums

Byron Kosciusko Elliott, William Frederick Elliott - 1921 - 1132 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...
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Mississippi Law Review, 1. sējums

1922 - 472 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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Law Series, 25-32. izdevums

1923 - 582 lapas
...objection to the ultra vires lease was, as stated in the Central Transportation case (see supra note 2) 'not merely that the corporation ought not to have made it, but that it could not make it,' it would seem to follow that the act of making the lease was simply the act of certain human beings...
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Reports of Cases Determined in the District Courts of Appeal of ..., 67. sējums

California. District Courts of Appeal - 1925 - 972 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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The Federal Reporter

1925 - 1118 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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The Federal Reporter, 161. sējums

1908 - 1052 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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