Countering Terrorism: Security Suggestions for U.S. Business Representatives Abroad

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. 1892 edition. Excerpt: ...paid or advanced by him was not a loan or liability within the terms or intent of the resolution, and therefore the oommittee named in the resolution did not have authority to include it in the note. It was not money loaned or advanced, to the defendant. The plaintiff, in cominon with others, paid his just and proportionate share to Scott & Brown for the UTAH REPTS., VoL. III-18. development of mutual interests, and when the corporation was formed, and this property was conveyed to it, the plaintiff got the full benefit, in common with other stockholders, of the money by him and them advanced and paid, in promoting their mutual interests and common enterprise. And to the extent that the note was made up or composed of such items, there was a partial want of consideration. The record shows no act of the defendant indicating an intention of assuming any liability by reason of such advancements; and without undertaking to determnie whether the corporation could legally assume and pay such claims, I am of the opinion that the amount of such items included in the note should have been deducted from it at the trial: 2 Sutherland on Damages, 114; 1 Parsons on Notes and Bills, 211. ' i The evidence shows that the stock of the corporation was full paid stock, and not assessable; that on the fourth day of February, 1874, there was a meeting of the stockholders, called according to the by-laws of the company, in which a majority of the stock was represented, and unanimously adopted the following resolution: That the stockholders of this corporation do raise and pay to the treasurer forty cents on each of their respective shares of stock; and that such of the stockholders as do not elect to pay the same are requested to...