Page:Henry Osborn Taylor, A Treatise on the Law of Private Corporations (5th ed, 1905).djvu/950

 930 INDEX. References are to the Sections. DEFINITIONS— (continued). of a valid act, 118, note. of a binding act, 118, note, of partnerships, 23, note, 59. of a tort, 335, note. of dissolution, 428. of law, 440, 446. of a legal right, 442. of shares of stock, 567. DELAY IN TRANSPORTATION: liability of carrier, 301. measure of damages, 361. LEGATION OF AUTHORITY BY DIRECTORS, 233, 234. DELEGATION OF FRANCHISES, does not relieve corporation from liability, 170. DEPOSITORS: in savings banks, 199. relations of, to bank, 672. forgeries, 672. lien of bank on deposits of, 673. DEPOSITS ON SUBSCRIBING FOR SHARES. See Preliminary De- posits. DEPOTS: railroad company may condemn land for, 163. power of railroad companies to locate, 162. contracts to locate by railroad companies, 309. DEVISES TO FOREIGN CORPORATIONS, 391. DIRECTORS: on wrongful refusal of to sue, when shareholders may, 140. effect of vesting corporate management in, 180-183, 683-685. acts of, when valid, 191-193. notice to, 210, note. presumption of knowledge by, 216, note, cannot agree as to who shall be directors, 219, note, powers of when corporate powers are vested in, 219, 220, 224. limitations on, 221. to transact ordinary business, 223. to make compromises, 223, 224. to borrow, 225. to guarantee debts of other corporations, 224. to mortgage, 225. to make assignments, 225, 230, note, 668, note, cannot change corporate enterprise, 226, 227. accept amendment to charter, 227, 449, note, 530, note. increase capital stock, 228. transfer or lease certain property, 229. change termini of railroad, 229, note. close the business, 230.