Title: Judgment in the Court of Error and Appeal, for Upper Canada: In the Suit of the Great Western Railway Company of Canada, (Appellants), Against the Commercial Bank of Canada (Respondents) (Classic Reprint)
Publisher: Forgotten Books
Publication Date: 2018
Language: English
ISBN 10: 0260018708
ISBN 13: 9780260018700
Binding: PAP
Condition: New
Weight: 150 grams

About this title

Synopsis

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.
What you’ll experience

Plain explanations of key legal concepts like ultra vires, corporate borrowing, and directors’ powers
Analysis of how parliamentary acts and shareholder votes shape finance decisions
Insights into evidence, res gestoe, and how courts weigh board communications
A clear narrative of how vigorous banking and corporate relations were tested in a historic case

Ideal for readers of historical law, financial history, and anyone curious about how big infrastructure projects were financed in the era before modern regulation.

"About this title" may belong to another edition of this title.

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