...objects for which the corporation was created. No instance occurs to us where It could be said to be necessary for a corporation to purchase and hold shares...payment of debts in good faith owing to the corporation. Section 50 of the Compiled Laws relative to the construction of statutes provides: "The word 'person'...

...the corporation was created. No instance occurs to us where it could he said to he necessary for л corporation to purchase and hold shares of stock in a state bank except as such stock might he taken in payment of debts in good faith owing to the corporation. Section ПО of the Compiled Laws...

...objects for which the corporation was created. No instance occurs to us where it could be said to be necessary for a corporation to purchase and hold shares...well as to individuals." Section 50 of the Compiled Laws relative to the construction of statutes provides : Reference must be had to the provisions of...

...objects for which the corporation was created. No instanceoccurs to us where it could be said to be necessary for a corporation to purchase and hold shares...payment of debts in good faith owing to the corporation. "A corporation has no power to subscribe for or purchase shares of stock in another corporation unless...

...objects for which the corporation was created. No Instance occurs to us where It could be said to be necessary for a corporation to purchase and hold shares...'person' may extend and be applied to bodies politic and corpprate as well as to Individuals." Section 50 of the Compiled Laws relative to the construction...

...objects for which the corporation was created. No instance occurs to us where it could he said to be necessary for a corporation to purchase and hold shares...well as to individuals." Section 50 of the Compiled Laws relative to the construction of statutes provides: Reference must he had to the provisions of...

...objects for which the corporation was created. No instance occurs to us where It could be said to be necessary for a corporation to purchase and hold shares...well as to individuals." Section 50 of the Compiled Laws relative to the construction of statutes provides: Reference must be had to the provisions of...

...construction would be inconsistent with the manifest intent of the legislature, that is to say * * * 12. The word 'person' may extend and be applied to bodies...politic and corporate, as well as to individuals." The statute above quoted has been before the supreme court of this state in several cases. Attention...

...conclusion we are not unmindful of the rule of construction, i HS, Sec. 2. Sub.-Sec. 12, which provides: "The word 'person' may extend and be applied to bodies...politic and corporate, as well as to individuals." Our determination as to the meaning of the word "person" as employed in these statutes is in harmony...

...Resolutions of Congress, and Rules for the Construction thereof." Section 2 of this Act provides that "the word 'person' may extend and be applied to bodies politic and corporate." 4T 43 Id., 804. 44 Id., 804. 45 Ibid. "See especially the comments of Senator Sherman. Id., 820-821....