 The franchise of being a corporation need not be implied as necessary to secure to the mortgage bondholders, or the purchasers at a foreclosure sale, the substantial rights intended to be secured. They acquire the ownership of the railroad and the property...  Massachusetts Reports - Seite 242von Massachusetts. Supreme Judicial Court - 1899Vollansicht - Über dieses Buch
 | 1886 - 546 Seiten
...the mortgage bondholders or the purchasers at a foreclosure sale the substantial rights intended to be secured. They acquire the ownership of the railroad...franchise of maintaining and operating it as such." See also Hall v. Sullivan R. Co., 21 Law Rep. 138; Galveston RR v. Cowdrey, 11 Wall. 459. It follows... | |
 | 1904 - 910 Seiten
...the mortgage bondholders or the purchasers at a foreclosure sale, the substantial rights intended to be secured. They acquire the ownership of the railroad...important to the beneficial use of the railroad could os well be exercised by natural persona. The essential properties of corporate existence are quite... | |
 | 1885 - 1232 Seiten
...the mortgage bondholders, or the purchasers at a foreclosure sale, the substantial rights intended to be secured. They acquire the ownership of the railroad...quite distinct from the franchises of the corporation. The franchise of being a corporation belongs to the corporators; while the powers and privileges, vested... | |
 | United States. Supreme Court - 1885 - 844 Seiten
...the mortgage bondholders, or the purchasers at a foreclosure sale, the substantial rights intended to be secured. They acquire the ownership of the railroad,...quite distinct from the franchises of the corporation. The franchise of being a corporation belongs to the corporators, while the powers and privileges, vested... | |
 | United States. Supreme Court - 1885 - 792 Seiten
...the mortgage bondholders or the purchasers at a foreclosure sale the substantial rights intended to be secured. They acquire the ownership of the railroad...franchise of maintaining and operating it as such." See also Hall v. Sullivan Railroad Co., above cited ; Galveston Railroad v. Cowdrey, 11 Wall. 459.... | |
 | Victor Morawetz - 1886 - 642 Seiten
...the mortgage bondholders, or the purchasers at a foreclosure sale, the substantial rights intended to be secured. They acquire the ownership of the railroad...railroad could as well be exercised by natural persons.'' 1 § 937. In Memphis, &c. Railroad Co. v. Railroad Commissioners, the Supreme Court further held, that,... | |
 | 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 - 1916 - 806 Seiten
...Justice MATTHEWS in Memphis R. Co. v. Commissioners, 112 US 609 (28 L. Ed. 837, 5 Sup. Ct. Eep. 299) : "The essential properties of corporate existence are...quite distinct from the franchises of the corporation. The franchise of being a corporation belongs to the corporators, while the powers and privileges, vested... | |
 | Abraham Clark Freeman - 1889 - 990 Seiten
...the mortgage bond-holders or the purchasers at a foreclosure sale the substantial rights intended to be secured. They acquire the ownership of the railroad...and the franchise of maintaining and operating it as a road." These rights of property having been acquired and created under the express sanction and authority... | |
| |
