请输入您要查询的单词:

 

单词 CONSOLIDATION OF CORPORATIONS
释义

The union or merger into one corporate body of two or more corporations which had been separately created for similar or connected purposes. In England this is termed “amalgamation.” When the rights, franchises, and effects of two or more corporations are, by legal authority and agreement of the parties, combined and united into one whole, and committed to a single corporation, the stockholders of which are composed of those (so far as they choose to become such) of the companies thus agreeing, this is in law, and according to common understanding, a consolidation of such companies, whether such single corporation, called the consolidated company, be a new one then created, or one of the original companies, continuing in existence with only larger rights, capacity, and property. Meyer v. Johnston, 64 Ala. 050; Shadford v. Railway Co., 130 Mich. 300, 89 N. W. 960; Adams v. Railroad Co.. 77 Miss. 194, 24 South. 200. 28 South. 950, 00 L. It A. 33; Pingree v. Rail road Co., 118 Mich. 314, 76 N. W. 635, 53 L. R. A. 274; People v. Coke Co., 205 111. 482. 68 N. E. 950, 98 Am. St. Rep. 244; Ruford v. Packet Co., 3 Mo. App. 171

随便看

 

法律词典收录了41026条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。

 

Copyright © 2000-2023 Newdu.com.com All Rights Reserved
更新时间:2025/5/29 3:02:07