It is, we think, a sound principle, that, when a government becomes a partner in any trading company, it divests itself, so far as concerns the transactions of that company, of its sovereign character, and takes that of a private citizen. American Inter-state Law - Страница 284написао/ла David Rorer - 1879 - 400 страницаПуни преглед - О овој књизи
| United States. Supreme Court - 1824 - 952 страница
...Planters' Bank of Georgia is not the State of Georgia, although the State holds an interest in it. It is, we think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far as concerns the transactions of that company, of its sovereign character, and... | |
| David James McCord, South Carolina. Constitutional Court of Appeals - 1826 - 670 страница
...interest in it." " It is," he says, " a sound principle, that when a government becomes a partner in a trading company, it divests itself so far as concerns the transactions of that company, of its soverign character, and takes th it of a private citizen." I cannot distinguish that case from the... | |
| United States. Supreme Court, Richard Peters - 1829 - 758 страница
...subject of an interest in the stock of a bank, the language of this Court, in the case cited, is this. " It is, we think, a sound principle, that when a government...sovereign character, and takes that of a private citizen. Instead of communicating to the company its privileges and its prerogatives, it descends to a level... | |
| Joseph Blunt - 1830 - 646 страница
...subject of an interest in the stock of a bank, the language of this court, in the case cited, is this : " It is, we think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far as it concerns the transactions of that company, of its sovereign character,... | |
| Joseph Blunt - 1835 - 624 страница
...subject of an interest in the stock of a bank, the language of this court, in the case cited, is this : " It is, we think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far at it concerns [he transactions of that company, of its sovereign character,... | |
| Joseph Story - 1833 - 800 страница
...1681. The reasoning, by which the general doctrine is maintained,' is to the following effect. It is a sound principle, that, when a government becomes...in any trading company, it divests itself, so far the persons really concerned in interest ; but it has never been suspected, that, if the executor be... | |
| Jonathan Elliot - 1834 - 776 страница
...ExpatrimioB. yv Gillies— I Peters' CC it. 159. VS v. fPUKams—4 HalFs Law Journal, 461 CC Conn 1799 493. When a government becomes a partner in any trading...transactions of that company, of its sovereign character, and Sovereign,' takes that of a private citizen — Bank United Slates v. Planter's Bank of Georgia—... | |
| Joseph Blunt - 1830 - 628 страница
...subject of an interest in the siock of a bank, the language of this court, in the case cited, is this : " It is, we think, a sound principle, that when a government becomes a partner in »ny trading company, it devests itself, so far as it concerns the transactions of that company, of... | |
| United States. Supreme Court - 1837 - 696 страница
...Bank v. The Planters' Bank of Georgia, 9 Wheat. R. 904. "It is, (said the Court on that occasion,) we think, a sound principle, that when a government...sovereign character, and takes that of a private citizen." In the present case, the legislature expressly prohibited any partnership, or participation with other... | |
| Indiana. General Assembly. Senate - 1837 - 868 страница
...Wheaton's Reports 907) said: it is a sound principle that when a government becomes a partner, in a trading company, it divests itself, so far as concerns...sovereign character, and takes that of a private citizen." Bank of South Carolina vs. Gihbs, 3 M'Cord's Reports 377— State Bank of North Carolina vs. Clark,... | |
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