Page:Henry Osborn Taylor, A Treatise on the Law of Private Corporations (5th ed, 1905).djvu/966

 946 INDEX. References are to the Sections. MISNOMER, 159. MISTAKE. See Error. MISTAKE AS TO CORPORATE POWERS, liability of directors for, 622, 623, 694. MONEY: power of corporations to raise, 123-127. by issue of stock, 124. by sale of property, 124. by borrowing, 125. and issuing security, 125. by issue of "deferred income bonds," 126. by guaranty, 127. liability of corporations for money loaned officers, 214-216, 225. power of directors to borrow, 225. amount that may be borrowed, 127. statutory limitations on amount, 205. MONOPOLIES, not to be presumed, 121, note. corporations may not form, 309a, etc. MORTGAGES BY CORPORATIONS: power to mortgage, 125. of franchises, 125. consent of shareholders, 185, 186. corporation cannot assent to, as shareholder in its own stock, 136, note. shareholders cannot make, 187, and note. defective execution of, 254, note. power of directors to make, 225. of committee of directors to make, 234. president has no power to make, 236. irregularities cannot be set up by subsequent grantee of premises, 282. when irregularities cannot be set up by creditor of corporation, 813. or by junior mortgagee, 151, note. equitable, 675. of railroads, 674-682, 815-820. provisions in, 816. of rolling stock, 678, 819. of future to be acquired property, 676, 817. reorganization of debtor corporation, 816a. invalid provisions in, 677, 678. foreclosure of, appointment of a receiver, 821. See BONDHOLDERS, Municipal Bonds. MORTGAGE-TRUSTEE. See Trustees under Railroad Mort- gages. MORTMAIN, statutes of, 12, 18, 128. MUNICIPAL BONDS IN AID OF RAILROADS, 317-333. Federal decisions regarding, 318. municipality has no inherent power to issue, 319. legislature may authorize municipality to issue, 319. special authority requisite, 320.