 | United States. Supreme Court - 1824 - 952 páginas
...think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far as concerns the transactions of that...character, and takes that of a private citizen. Instead of communicati.ig to the company its privileges and its prerogatives, it descends to a level with, those... | |
 | David James McCord, South Carolina. Constitutional Court of Appeals - 1826 - 670 páginas
...interest in it." " It is," he says, " a sound principle, that when a government becomes a partner in a trading company, it divests itself so far as concerns the transactions of that company, of its soverign character, and takes th it of a private citizen." I cannot distinguish that case from the... | |
 | Joseph Story - 1833 - 800 páginas
...which the general doctrine is maintained,' is to the following effect. It is a sound principle, that, when a government becomes a partner in any trading company, it divests itself, so far the persons really concerned in interest ; but it has never been suspected, that, if the executor be... | |
 | Jonathan Elliot - 1834 - 776 páginas
...ExpatrimioB. yv Gillies— I Peters' CC it. 159. VS v. fPUKams—4 HalFs Law Journal, 461 CC Conn 1799 493. When a government becomes a partner in any trading...transactions of that company, of its sovereign character, and Sovereign,' takes that of a private citizen — Bank United Slates v. Planter's Bank of Georgia—... | |
 | United States. Supreme Court - 1837 - 696 páginas
...Georgia, 9 Wheat. R. 904. "It is, (said the Court on that occasion,) we think, a sound principle, that when a government becomes a partner in any trading...sovereign character, and takes that of a private citizen." In the present case, the legislature expressly prohibited any partnership, or participation with other... | |
 | James Madison Porter - 1837 - 72 páginas
...an interest in it. It is, (he says,) a sound principle that when a government becomes a partner in a trading company, it divests itself, so far as concerns...sovereign character, and takes that of a private citizen." " The same may be affirmed of insurance, canal, bridge, and turnpike companies, &c. The same may also... | |
 | Indiana. General Assembly. Senate - 1837 - 868 páginas
...Wheaton's Reports 907) said: it is a sound principle that when a government becomes a partner, in a trading company, it divests itself, so far as concerns...sovereign character, and takes that of a private citizen." Bank of South Carolina vs. Gihbs, 3 M'Cord's Reports 377— State Bank of North Carolina vs. Clark,... | |
 | Pennsylvania. Constitutional Convention - 1838 - 696 páginas
...an interest in it. It is (he says,) a sound principle that, when a government becomes a partner in a trading company, it divests itself, so far as concerns...sovereign character, and takes that of a private citizen." "The same may be affirmed of insurance, canal, bridge and turnpike companies, &c. The same may also... | |
 | Pennsylvania. Constitutional Convention - 1838 - 398 páginas
...it is a sound principle, that when a government becomes a partner in a trading company, it diverts itself, so far as concerns the transactions of that...sovereign character, and takes that of a private citizen." Again, they say in the same case, page 908. "The government of the Union held shares in the old Bank... | |
 | 1840 - 574 páginas
...decisions of the Supreme Court. Judge Marshall said, " that when a Government becomes a partner in a trading company it divests itself, so far as concerns...sovereign character, and takes that of a private citizen." See the case of the US against Planter's Bank, in the ninth volume of Wheaton's Reports. If so, she... | |
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It is, we think, a sound principle, that when a government becomes a partner in any trading company, it divests itself, so far as concerns the transactions of that company, of its sovereign character, and takes that of a private citizen. 
