...mortgage assigned to a national bank as security for a loan of money to the holder. The conclusion was, that where a corporation is incompetent, by its charter,...voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that purpose. The court cites, with approval,...

...company to hold and convey laud. In National Bank v. Matthews, 8 Otto, 621, it is said that even " where a corporation is incompetent by its charter...conveyance to it is not void, but only voidable, and tho sovereign only can object. It is valid until assailed iu a direct proceeding instituted for that...

...company to hold and convey laud. In National Bank v. Matthews, 8 Otto, (¡21, it is said that even " where a corporation is incompetent by its charter...conveyance to it is not void, but only voidable, and tho sovereign only can object. It is valid until assailed in a direct proceeding instituted for that...

...but if there was any force in this objection to the title, it could not be raised by the debtor, for where a corporation is incompetent by its charter...a conveyance to it is not void, but only voidable. The sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that...

...622, and the cases therein cited, do not support such proposition. The principle of those cases is, that where a corporation is incompetent by its charter to take a title to real estate, a conveyanoe to it is not void? but voidable only, and that the sovereign alone can object. That the...

...should pay the amount of the loan with interest. Mott v. The United States Trust Co., 19 Barb. (NY) 568. Where a corporation is incompetent by its charter...voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that purpose. Leazure v. Hillegas, 7 Serg. & R....

...adjudged that he should pay the amount of the loan with interest. Mott v. U. 8- Trust Co., 19 Barb. 668. Where a corporation is incompetent by its charter to take a title to real estate, a conveyance to i is not void, but only voidable, and the sovereign alone can object. It is valid until assailed in...

...mortgage assigned to a national bank as security for a loan of money to the holder. The conclusion was, that where a corporation is incompetent, by its charter,...voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that purpose. The court cites, with approval,...

...mortgage, assigned to a National bank as security for a loan of money to the holder. The conclusion was, that where a corporation is incompetent by its charter...voidable, and the sovereign alone can object. It is valid until assailed in a direct proceeding instituted for that pin-pose. The court cites, with approval,...

...ll'ull. , p, 32. ) II. In L'niun Xalional Utink rt ill. vs. Mallmr«, 98 Г. S.,p. 6£8, the court recognized the doctrine that, " where a corporation...can object. It is valid unless assailed in a direct proceed ing instituted for that purpose." [Хотк. — Thus it would seem that a mortgage executed...