 | New Jersey. Court of Chancery - Law reports, digests, etc - 1896 - 776 pages
...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... | |
 | New Jersey. Court of Chancery - Law reports, digests, etc - 1914 - 768 pages
...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... | |
 | Law reports, digests, etc - 1908 - 1118 pages
...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... | |
 | Law reports, digests, etc - 1894 - 1150 pages
...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... | |
 | Law reports, digests, etc - 1914 - 1254 pages
...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... | |
 | New York (State). Courts - Law reports, digests, etc - 1899 - 980 pages
...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... | |
 | New Jersey - Corporation law - 1899 - 422 pages
...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... | |
 | New Jersey - Corporation law - 1903 - 290 pages
...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... | |
 | Frank Hendrick - Antitrust law - 1906 - 604 pages
...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... | |
 | Thomas Gold Frost - Corporation law - 1908 - 944 pages
...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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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... 
