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FRAUDS-Statute of—debt of another-original or collateral promise..... 534
HIGHWAYS-person crossing from street car to curb-contributory negli-

gence......

HOMICIDE-self-defense-duty to retreat.

Trial-instructions-invading province of jury.......

HUSBAND AND WIFE-power to contract....

INDICTMENT AND INFORMATION-conviction of lesser offense-statutory

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INFANTS-contracts-false representations as to age-effect..

INJUNCTION-boycotting....

INSURANCE-life insurance-warranties.

Oral application-waiver...

Proof of loss-waiver denial of liability.

Suicide by the insured-validity of provision.

INTEREST—computation-compound interest.....

JUDGMENT-persons concluded.....

LANDLORD AND TENANT-action by landlord to recover possession..........

Defect in premises-injuries to occupants.....

Injury from defect-contributory negligence of tenant

Lease-crops-lien..............

Notice to quit-waiver by landlord......

MANDAMUS-right to appeal.................

358

56

534

288

359

56

441

208

441

534

359

360

535

442

442

360

535

591

LEGISLATION-right of state to control speculation in theater tickets..... 144

Manufacturers—liability for defects in articles made—who may sue...
Master and SERVANT-defective car-duty of inspection.....

Injuries-exemption from liability......
Injury to servant-assumption of risk...

208

144

443

361

57

288

145

536

591

Injuries to servant-assumption of risk.

Injuries to servant-contributory negligence..

Injuries to servant-warning-delegation of duty

Injuries to servants-defective appliances.....

Injuries to servant—defective appliances-knowledge of defect..... 591

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MECHANICS' LIENS-creation of lien-statutes...
MONOPOLIES-contract-restraint of trade................

MUNICIPAL CORPORATIONS-employees-compensation.
Peanut roasters on sidewalk-explosion...
NEGLIGENCE-care as to licensee.....

145

144

144

208

592

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Dangerous machinery-care required—places attractive to children. 289

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OFFICERS-compensation.....

PARDON-Conditional release-re-arrest...
Parent and CHILD-custody of child......

Support of child-liability of parent..

593

362

290

363

594

594

Words actionable per se..

STATE REGULATIONS-police powers-city ordinance.
STREET RAILROADS-collision with team-evidence.

Injuries to pedestrians-contributory negligence-defective hearing

TAXATION-property subject to taxation-personal property outside of

state....

445

595

445

446

58

BOOK REVIEWS

American Bankruptcy Reports. Digest of Decisions Under Act of 1898.
Melvin T. Bender, Harold J. Hinman........

American Lawyer, The. John R. Dos Passos...

Aperçu de l'Evolution Juridique du Mariage.

Stocquart......

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Innkeepers, Hotels, Theaters and Sleeping Cars, Law of. Joseph

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International Law and Diplomacy of the Russo-Japanese War. Amos
A. Hershey...

369

...

605

Wills, Remsen on the Preparation and Contest of. Daniel S. Remsen.. 600
Report of Committee on Employer's Liability Act..
Roman Law, First Year of. Fernand Bernard.

450

Translation by

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LAW JOURNAL

VOL. XVI.

NOVEMBER, 1906

No. 1

THE LIABILITY OF THE ASSOCIATES IN A DEFECTIVE CORPORATION.

To say that it is the present day tendency to conduct business and commercial enterprises through the medium of corporations in order to secure the resulting limitations of liability to those engaged therein, is to state an obvious fact. Partnerships are fast falling into disuse; individuals are organizing "one man corporations," that is to say, corporations in which all the stock is owned or controlled by one individual; and in direct proportion to the hazard of the proposed enterprise, intending incorporators are seeking the advantage of those states in which the requirements for publicity and official supervision are lax and in which subscription for any considerable proportion of the shares of the capital stock prior to organization, is not a necessity, to the end that they may risk but little in their quest for gain. It goes without saying that the vast majority of the companies organized in the United States are incorporated in good faith, but it is unfortunate that it is possible to evade the laws of the state of the residence of the incorporators, when its policy towards corporations as declared by its legislative enactments, imposes too many irksome restrictions and guarantees to the public a protection which the incorporators would seek to avoid. And so, too, it is unfortunate that frequently those who have extended credit to a corporation, relying on the published statement of its authorized capital. stock, find when it is too late that but a modicum of the authorized shares have been subscribed for and issued, and that the assets of the corporation are practically nil.

But the very facility with which corporations may be organized in many of our states and territories frequently breeds a certain carelessness on the part of those who would shelter themselves behind the outward form and show of a corporation. Though the require

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