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Home > General > Reports of Cases Argued and Determined in the Supreme Court of the State of Kansas Volume 67
Reports of Cases Argued and Determined in the Supreme Court of the State of Kansas Volume 67

Reports of Cases Argued and Determined in the Supreme Court of the State of Kansas Volume 67


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About the Book

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 edition. Excerpt: ...added, that so wide and sweeping an equity would be very apt to deter any new subscriptions of stock under any charter.... From all the authorities, it seems clear that, in order to recover, in an action at law, the plaintiff must show either an express promise of the new company, or, that the contract was made with persons then engaged in its formation, and taking preliminary steps thereto, and that the contract was made on behalf of the new company, in the expectation on the part of plaintifi, and with the assurance on the part of the projectors, that it would become a corporate debt, and that -the company afterwards entered upon and enjoyed the benefit of the contract, and by no other title than that derived through it. From these circumstances an "affirmance would be implied. Whether equities might arise under other circumstances, is a matter to be considered when duly presented in a chaucery case. No authorities have gone the length of holding that any contract made with individuals, exclusively upon in- dividual credit, will become the contract of any future corporation they may form, for the more convenient management and use of the benefits of it. V. The case of Davis dc Rankin Building etc. Co. 1;. Hillsboro Creamery Co., 10 Ind. App. 42, 44, 45, 46, 37 N. E. 549, is almost identical in all its features with the one under review. In the opinion it was said: The appellant contends that the contract declared on was made for the contemplated corporation, that the subsequent recognition of it by the corporation after it came into existence, and accepting the benefits thereunder, makes it the contract of the corporation.. It seems to be settled that the promoters of a corporation may...


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Product Details
  • ISBN-13: 9781234180751
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 302
  • Spine Width: 16 mm
  • Width: 189 mm
  • ISBN-10: 1234180758
  • Publisher Date: 15 Jan 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 544 gr


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Reports of Cases Argued and Determined in the Supreme Court of the State of Kansas Volume 67
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