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" Questions of policy of management, of expediency of contracts or action, of adequacy of consideration not grossly disproportionate, of lawful appropriation of corporate funds to advance corporate interests, are left solely to the honest decision of the... "
Reports of Cases Decided in the Court of Chancery of the State of New Jersey - Sivu 232
tekijä(t) New Jersey. Court of Chancery - 1893
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Reports of Cases Decided in the Court of Chancery of the State of ..., Nide 53

New Jersey. Court of Chancery - 1896 - 776 sivua
...of an honest judgment. Questions of policy, of management, of expediency, of contracts or actions, of adequacy of consideration not grossly disproportionate,...decision of the directors if their powers are without limitations and free from restraint. To hold otherWildes v. Bural Homestead Co. wise would be to substitute...

Reports of Cases Decided in the Court of Chancery of the State of ..., Nide 82

New Jersey. Court of Chancery - 1914 - 768 sivua
...faith and in the exercise of an honest judgment. Questions of policy, of management, of expediency of contracts or action, of adequacy of consideration...grossly disproportionate, of lawful appropriation of corporatefunds to advance corporate interests, are left solely to the honest decision of the directors...

The Federal Reporter, Nide 122

1908 - 1118 sivua
...corporation with respect to its policy and management : "Questions of policy of management, of expediency of contracts or action, of adequacy of consideration...left solely to the honest decision of the directors. Their powers are without limitation and free from restraint To hold otherwise would be to substitute...

Atlantic Reporter, Nide 29

1894 - 1150 sivua
...good faith and in the exercise of an honest judgment. Questions of policy of management, of expediency of contracts or action, of adequacy of consideration...disproportionate, of lawful appropriation of corporate interests, are left solely to the honest decision of the directors, If their powers are without limitation...

The New York Supplement, Nide 146

1914 - 1254 sivua
...said: "Questions of policy of management, expediency of contracts or action, adequacy of consideration, lawful appropriation of corporate funds to advance corporate interests, are left solely to their honest and unselfish decision, for tlieir powers therein are without limitation and free from...

Miscellaneous Reports. Cases Decided in the Courts of Record of the ..., Nide 26

New York (State). Courts - 1899 - 980 sivua
...good faith and in the exercise of an honest judgment. Questions of policy of management, of expediency of contracts or action, of adequacy of consideration...left solely to the honest decision of the directors." The directors of the Anaconda Company cannot be justly charged with fraud, bad faith or even an error...

The Statutory and Case Law Applicable to Private Companies Under the General ...

New Jersey - 1899 - 422 sivua
...the exercise of an honest " judgment. Questions of policy of management, of expediency of con' tracts or action, of adequacy of consideration not grossly...disproportion"ate, of lawful appropriation of corporate funds, are left solely to the "honest decision of the directors if their powers are without limitation "and...

The General Corporation Act of New Jersey

New Jersey - 1903 - 290 sivua
...good faith and in the exercise of an honest judgment. Questions of policy of management, of expediency of contracts or action, of adequacy of consideration...disproportionate, of lawful appropriation of corporate funds, are left solely to the honest decision of the directors if their powers are without limitation and...

The Power to Regulate Corporations and Commerce: A Discussion of the ...

Frank Hendrick - 1906 - 604 sivua
...the corporation, and are authorized by its charter, questions of policy of management, of expediency of contracts or action, of adequacy of consideration...the directors if their powers are without limitation or restraint.5 By the by-laws of banking corporations, 1 Phillips v. Providence Steam Engine Co., 21...

A Treatise on the Incorporation and Organization of Corporations: Created ...

Thomas Gold Frost - 1908 - 944 sivua
...appropriation of corporate funds to the detriment of corporate interests, are left generally to the decision of the directors if their powers are without...restraint. To hold otherwise would be to substitute the jndgment and discretion of others in place of those determined on by the scheme of incorporation.6...




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