| Law - 1880 - 554 pages
...Peun. St. 11, Judge Sharswood said : "They (directors) can only be regarded as mandataries — persona who have gratuitously undertaken to perform certain...apply ordinary skill and diligence, but no more." In Hodges v. New England Screw Co., 1 RI 312, Jenoks, J., said: "The sole question is whether the directors... | |
| Law reports, digests, etc - 1903 - 1250 pages
...we term an agent or any bailee intrusted with the care and management of the property of another. It is certain that they are not technical trustees. They can only be regarded as mandataries," etc. Spiering's App., 71 Pa. 11, 10 Am. Rep. OS4. The Tennessee court speaks of the matter thus: "Directors... | |
| Nathan Howard (Jr.), Rowland M. Stover - Civil procedure - 1880 - 682 pages
...of fraud itself." In Spering's Appeal (71 Penn. St., 11), judge SHARSWOOD said : " They (directors) can only be regarded as mandataries, persons who have...apply ordinary skill and diligence, but no more." In Hodges agt. New England Screw Co. (1 RI, 312), JENCKES, J., said : " The sole question is whether... | |
| Law - 1880 - 556 pages
...short of fraud itself." In Speriny's Appeal, 71 Penu. St. 11, Judge Sharswood said : "They (directors) can only be regarded as mandataries — persons who...undertaken to perform certain duties, and who are therefore bouud to apply ordinary skill and diligence, but no more." lu llodyes v. New England Screw Co., 1 BI... | |
| Law reports, digests, etc - 1881 - 628 pages
...we term an agent or any bailee intrusted with the care and management of the property of another. It is certain that they are not technical trustees. They can only be regarded as mandatories, persons who have gratuitously undertaken to perform certain duties, and who are bound... | |
| John Norton Pomeroy - Equitable remedies - 1882 - 844 pages
...thereby occasioned." In i.'penurj's Appeal, 71 l'a. St. 11, Judge Sharswood said: 'They [the directors] can only be regarded as mandataries — persons who...apply ordinary skill and diligence, but no more;' and added, that the directors ' are not liable lor mistakes of judgment, even though they may be so... | |
| Isaac Grant Thompson - Law reports, digests, etc - 1882 - 962 pages
...Spering's Appeal, 71 Penn. St. 11; 8. c., 10 Am. Rep. 684, Judge SHARSWOOD said : "They (directors) can only be regarded as mandataries — persons who...apply ordinary skill and diligence, but no more." In Hodges v. New England Screw Co., 1 RI 312, JENCKES, J., said : " The sole question is whether the... | |
| Horace Gay Wood - Railroad law - 1885 - 758 pages
...grossly improvident regarded as mandataries, persons who have gratuitously undertaken to iť-rfoim certain duties, and who are, therefore, bound to apply...are themselves stockholders, interested as well as nil others that the affairs and business of the corporation should be successful, when we ascertain... | |
| Law reports, digests, etc - 1902 - 1196 pages
...term an agent or any bailee intrusted with the care and management of the property of another.. It is certain that they are not technical trustees. They...are themselves stockholders, Interested as well as nil others that the affairs and business of the corporation should be successful, when we ascertain... | |
| Victor Morawetz - Corporation law - 1886 - 630 pages
...it has been said, that, inasmuch as directors are usually not paid for their services, they are to be regarded as mandataries, — persons who have gratuitously undertaken to perform certain duties, and are bound to exercise only ordinary care and prudence, — and that they are liable to the corporation... | |
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