Reports of Cases Argued And Determined in the Court of Appeals of ..., volume 64
Reports of Cases Argued And Determined in the Court of Appeals of ..., volume 64
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In our eReader you can find the full English version of the book. Read Reports of Cases Argued And Determined in the Court of Appeals of ..., volume 64 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Reports of Cases Argued And Determined in the Court of Appeals of ..., volume 64
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Railroad, except those who actually consented to such issue, and that they are void in the hands of every holder who took them with knowledge of the facts attending their issue.
Digitized by VjOOQIC APRIL TERM, 1885. 215 State w. Brown and Brown, Trustees, and A. & E. R. R. Co.
The stockholders are the real owners of the A. & E. Rail- road, and the president and directors are the agents of the stockholders. They were elected for a limited period, and the general duties of the directors are well...-known. It could never have been contemplated by any stockholder, except those in the secret, that when in the fall of 1871 these directors were elected they were invested with the power and authority during their term of ofl&ce to hand over the road to another corporation, whose end and aim was to cumber the A. & E. road with a debt to aid in building such other road. An agent may commit a fraud against his principal as well as against any one else, but no such agent, his aiders or abettors, or those who have knowledge of his fraud, will be permitted to reap any bene- fit from it.
What to read after Reports of Cases Argued And Determined in the Court of Appeals of ..., volume 64?
You can find similar books in the "Read Also" column, or choose other free books by Maryland. Court of Appeals to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Railroad, except those who actually consented to such issue, and that they are void in the hands of every holder who took them with knowledge of the facts attending their issue.
Digitized by VjOOQIC APRIL TERM, 1885. 215 State w. Brown and Brown, Trustees, and A. & E. R. R. Co.
The stockholders are the real owners of the A. & E. Rail- road, and the president and directors are the agents of the stockholders. They were elected for a limited period, and the general duties of the directors are well...-known. It could never have been contemplated by any stockholder, except those in the secret, that when in the fall of 1871 these directors were elected they were invested with the power and authority during their term of ofl&ce to hand over the road to another corporation, whose end and aim was to cumber the A. & E. road with a debt to aid in building such other road. An agent may commit a fraud against his principal as well as against any one else, but no such agent, his aiders or abettors, or those who have knowledge of his fraud, will be permitted to reap any bene- fit from it.
What to read after Reports of Cases Argued And Determined in the Court of Appeals of ..., volume 64?
You can find similar books in the "Read Also" column, or choose other free books by Maryland. Court of Appeals to read onlineMoreLess
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