Page:Henry Osborn Taylor, A Treatise on the Law of Private Corporations (5th ed, 1905).djvu/958

 938 INDEX. References are to the Sections. FORMALITIES— ( continued). when not applicable, 254. when corporate agent and other contracting party are not on equal terras regarding, 255. ratification of informal acts, 256. other party can set up non-observance of, 257. observable by directors. See Directors. FORMATION OF CORPORATIONS: in the Roman law, 4. under enabling acts, 451, note. See De Facto Corporation. present methods, Appendix. FRANCHISES: transfer of, 131, 132, 304. delegation of, 170. when delegation of does not relieve corporation from liability, 170. mortgage of, 304. when not to be questioned collaterally, 145-157, 168, 460. by a subscriber for shares, 537-539. by creditors, 739. vest in consolidated company, 424. authority to mortgage passes to consolidated company, 424 extending duration of, 451, note. surrender of, 433, 434. forfeiture of, 457-459. forfeiture of, state may waive, 460. when not to be taken advantage of collaterally, 460. taxation of, 479, note, 488, 489. valuation of for taxation, 477a. when a protection to the corporation from liability, 167-170. when not a protection to the corporation from liability, 171-177. may be exercised outside of the state, 381. exempt from execution, 671. state may take by eminent domain, 470-473. FRAUD: in obtaining charter, when cannot be pleaded, 147. liability of corporation for, 342. subscriptions obtained by, 97, note, 103, 523-526. liability of directors for, 616-619. in obtaining subscriptions, cannot be pleaded against creditors, 744. against other shareholders, 781. of vendor of shares, 792. FRAUDS, statute of promise of shareholder to pay debt of corporation within, 187, note. contract to take shares, not within, 511, note. FRAUDULENT ISSUES OF SHARES, liability of corporation, 591. FRAUDULENT SUBSCRIPTIONS TO SHARES IN THE STOCK OF A CORPORATION TO BE FORMED, 105. See Subscriptions. FRAUDULENT TRANSFER OF SHARES : effect as to corporation, 586.