 | 1892 - 1002 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." Further: " That the lease by one corporation of its property and franchises to another corporation... | |
 | George Folger Canfield, Isaac Maurice Wormser - 1925 - 960 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 can not be ratified by either party, because it could not have been authorized by either.... | |
 | 1899 - 1052 lapas
...US 24, 11 Sup. Ct. 478. In the latter case it is said: "The objection to the contract is not merely the corporation ought not 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... | |
 | 1892 - 996 lapas
...upon it by the Jegis lut u re, — is not voidable only, but wholly void, and of no legal effect. Th objection to the contract is not merely that the corporation ought not to hav made it. but that it could not make it. The contract cannot be ratified b either party, because... | |
 | United States. Supreme Court - 1926 - 1214 lapas
...only, but wholly void, and of no legal effect. The objection to tbe contract is not merely that tbe corporation ought not to have made it, but that it could not make it. The contract cannot be ratified by either parly, because it could not have been authorized by either. Noperformance... | |
 | Seymour Dwight Thompson, Joseph Wesley Thompson - 1927 - 1048 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 statute and contrary to... | |
 | 1901 - 532 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 bj- either. No... | |
 | Henry Winthrop Ballantine - 1927 - 1012 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." Suppose that A executes to corporation B a conveyance of real or personal property which B is not authorized... | |
 | 1899 - 538 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 miide it. but that it could not make it. The contract cannot be ratified by either party, because it... | |
 | Eugene McQuillin - 1928 - 1036 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... 
