Groundbreaking 19th‑century banking case distilled for readers today
A detailed look at a landmark decision about how a railway company borrowed money, and who bears the risk when funds are used for broader projects. This edition clarifies the legal reasoning behind whether bankers can be repaid when funds were spent beyond the original scope.
In this volume, the justices examine corporate power, parliamentary sanction, and the duties of directors and shareholders. It traces how acts of Parliament interact with corporate authority, and how courts assess guarantees, loans, and the obligations of bankers and lenders. The discussion shows how precedent governs the repayment of advances in complex, cross‑border railway ventures."synopsis" may belong to another edition of this title.
Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book concerns a case taken to the highest court of appeal in Canada: The Commercial Bank of Canada versus the Great Western Railway Company. The crux of this case was a dispute over who was liable for a substantial amount of money advanced by the bank to the railway company. Resolution was not straightforward and took twists and turns along the way. Ultimately the judgment provided clarity on the liability of corporations in such cases, setting a valuable legal precedent. The insights from the court's decision made this book an important addition to the legal and historical record. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9780260018700_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780260018700
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780260018700
Quantity: 15 available