Thompson on Sales of Stocks and Bonds

Portada
Barnard & Miller, 1915 - 208 páginas
 

Páginas seleccionadas

Otras ediciones - Ver todo

Términos y frases comunes

Pasajes populares

Página 14 - In considering this very interesting question we immediately ask ourselves, what is a contract? Is a grant a contract? A contract is a compact between two or more parties, and is either executory or executed. An executory contract is one in which a party binds himself to do or not to do a particular thing; such was the law under which the conveyance was made by the governor.
Página 5 - the right which a shareholder in a corporation has by reason of his ownership of shares, is a right to participate according to the amount of his stock in the surplus profits of the corporation on a division, and ultimately on its dissolution, in the assets remaining after payment of its debts.
Página 5 - A share of stock, say the Court, "is an incorporeal, intangible thing. It is a right to a certain proportion of the capital stock of a corporation — never realized except upon the dissolution and winding up of the corporation — with the right to receive, in the meantime, such profits as may be made and declared in the shape of dividends.
Página 1 - Strictly, the capital stock of. a corporation is the money contributed by the corporators to the capital, and is usually represented by shares issued to subscribers to the stock on the initiation of the corporate enterprise.
Página 46 - According to some authorities, there must be the mutual assent of two or more persons competent to contract, founded on a sufficient and legal consideration, to perform some legal act or to omit to do something the performance of which is not enjoined by law.
Página 20 - A sale may be defined as a contract founded on a money consideration, by which the absolute or general property In the subject of the sale is transferred from the seller to the buyer.
Página 126 - King, and to the plaintiff, who sues as aforesaid,) but hath hitherto wholly neglected and refused so to do. To the damage of the plaintiff of £ - and thereupon he brings suit, &c.
Página 96 - It contains a covenant that the maker holds said premises by 'good and perfect title;' that she has 'good right and lawful authority to sell and convey the same ;' that it is free from all encumbrances, and the title is warranted. It was acknowledged, delivered, and filed for record in the proper office, and duly recorded. All of these matters are considered as strong evidence of an intention, to convey an interest in prsesenti.
Página 124 - Defendant in this suit, in a plea of trespass on the case on promises : FOR THAT WHEREAS, the said defendant...
Página 60 - This section will primarily focus upon the implied warranty existing "when the law derives it by implication or inference from the nature of the transaction or the relative situation or circumstances of the parties

Información bibliográfica