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ON

THE GENERAL PRINCIPLES

OF THE

LAW OF

PRIVATE CORPORATIONS

SELECTED AND ARRANGED WITH NOTES

BY
HORACE L. WILGUS, M. Sc.

Professor of Law in the University of Michigan

IN TWO VOLUMES

VOLUME II

"A substantial and compendious report of a case rightly adjudged doth produce
three notable effects; first, it openeth the understanding of the reader and hearer;
secondly, it breaketh through difficulties ; and thirdly, it bringeth home to the hand
of the studious, variety of pleasure and profit; I say it doth open the window of
the laws, to let in that gladsome light, whereby the right reason of the rule (the
beauty of the law) may be clearly discerned; it breaketh the thick and hard shell,
whereby with pleasure and ease, the sweetness of the kernel may be sensibly
tasted, and adorneth with variety of fruits, both pleasant and profitable, the'store-
houses of those by whom they were never planted nor watered."

LORD COKE, in Preface to gth Report.

INDIANAPOLIS
THE BOBBS-MERRILL COMPANY

PUBLISHERS

COPYRIGHT 1902

BY

HORACE L. WILGUS

SECOND IMPRESSION AUGUST 1, 1904

THE HOLLENBECK PRESS

INDIANAPOLIS

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