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" ... functions being the consideration of the public grant, any contract which disables the corporation from performing those functions, which undertakes, without the consent of the State, to transfer to others the rights and powers conferred by the charter,... "
The American State Reports: Containing the Cases of General Value and ... - Page 317
edited by - 1900
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American law reports annotated, Volume 28

1924 - 1636 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes, is a violation of the contract with the state, and is void аз against public policy."* For the purposes of the application of the doctrine the lessee .is regarded...
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Cases on Private Corporations

George Folger Canfield, Isaac Maurice Wormser - Corporation law - 1925 - 960 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes, is a violation of the contract with the state, and is void as against public policy. This doctrine is asserted with remarkable clearness in the opinion of this court, delivered by Mr....
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The New York Supplement, Volume 209

Law reports, digests, etc - 1925 - 1048 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes, is a violation of the contract with...the state, and is void as against public policy." In Greenhood on Public Policy, p. 316, it is stated: "Any contract which will disable a public or quasi...
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The Federal Reporter, Volume 1

Law reports, digests, etc - 1880 - 952 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes — is a violation of the contract...with the state, and is void as against public policy. This doctrine is asserted with remarkable clearness in the opinion of this court, delivered by Mr....
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Cases on the Law of Public Utilities

Young Berryman Smith, Noel Thomas Dowling - Public utilities - 1926 - 1310 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes — is a violation of the contract...the state, and is void as against public policy." In City of St. Louis v. Gas-Light Co., supra [70 Mo. 69], the charter of the gas company gave it the...
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Virginia Appeals: Decisions of the Supreme Court of Appeals of ..., Volume 13

Virginia. Supreme Court of Appeals - Law reports, digests, etc - 1917 - 824 pages
...the public-grant any contract which disables the corporation from performing those functions * * * is a violation of the contract with the State, and is void as against public policy." A leading case on the subject is Northern Pacific R. Co. v. Smith, 171 US 260, 43 L. Ed. 157. The authorities...
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The Central Law Journal, Volume 14

Law - 1882 - 542 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes, is a violation of the contract with...the •State, and is void as against public policy." This proposition is supported by the cases there cited, And by many others. See Richardson v. Sibley,...
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Commentaries on the Law of Corporations, Volume 4

Seymour Dwight Thompson, Joseph Wesley Thompson - Corporation law - 1927 - 1048 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes, is a violation of the contract with the state, and is void as against public policy."25 The same court held absolutely void a lease and transfer by one corporation to another corporation...
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The Central Law Journal, Volume 10

Law - 1880 - 546 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes, is a violation of the contract with the State, and is void against public policy. This doctrine is asserted with remarkable clearness in the opinion of this court,...
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Opinions and Decisions of the Railroad Commission of the State of ..., Volume 1

Railroad Commission of Wisconsin - Railroad law - 1908 - 892 pages
...to others the rights and powers conferred by the charter, and to relieve the grantees of the burden which it imposes, is a violation of the contract with...the state, and is void as against public policy." Thomas v. Railroad Co. 101 US 71, 83. Such a contract being void as against public policy, the courts,...
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