 It is, we think, a sound principle, that, when a government becomes a partner in any trading company, it divests itself, so far as concerns the transactions of that company, of its sovereign character, and takes that of a private citizen.  Journal - Page 541by Indiana. General Assembly. Senate - 1837Full view - About this book
 | United States. Supreme Court - Law reports, digests, etc - 1824 - 952 pages
...think, a sound principle, that when a government becomes a partner in any trading company, it devests itself, so far as concerns the transactions of that...sovereign character, and takes that of a private citizen. Instead of communicati.ig to the company its privileges and its prerogatives, it descends to a level... | |
 | David James McCord, South Carolina. Constitutional Court of Appeals - Law reports, digests, etc - 1826 - 670 pages
...Georgia, is not the State of Georgia, alt ough the state holds an interest in it." " It is," he says, " a sound principle, that when a government becomes...concerns the transactions of that company, of its soverign character, and takes th it of a private citizen." I cannot distinguish that case from the... | |
 | Joseph Blunt - History - 1835 - 624 pages
...a government becomes a partner in any trading company, it devests itself, so far at it concerns [he transactions of that company, of its sovereign character, and takes that of a private citizen. Instead of communicating to the company its privileges and its prerogatives, it descends to a level... | |
 | Joseph Story - Constitutional history - 1833 - 800 pages
...defendants ; whether they are to be considered as having a real interest, or as being only nominal parties." as concerns the transactions of that company, of its...sovereign character, and takes that of a private citizen. Instead of communicating to the company its privileges and prerogatives, it descends to a level with... | |
 | Jonathan Elliot - Diplomatic and consular service, American - 1834 - 776 pages
...v. fPUKams—4 HalFs Law Journal, 461 CC Conn 1799 493. When a government becomes a partner in any trading company, it divests itself, so far as concerns...transactions of that company, of its sovereign character, and Sovereign,' takes that of a private citizen — Bank United Slates v. Planter's Bank of Georgia—... | |
 | Joseph Blunt - History - 1830 - 628 pages
...principle, that when a government becomes a partner in »ny trading company, it devests itself, so far as it concerns the transactions of that company, of its...sovereign character, and takes that of a private citizen. Instead of communicating to the company its privileges and its prerogatives, it descends to a level... | |
 | James Madison Porter - Charters - 1837 - 72 pages
...Georgia is not the State of Georgia, although the State holds an interest in it. It is, (he says,) a sound principle that when a government becomes a...sovereign character, and takes that of a private citizen." " The same may be affirmed of insurance, canal, bridge, and turnpike companies, &c. The same may also... | |
 | Pennsylvania. Constitutional Convention - Constitutional conventions - 1838 - 696 pages
...of Georgia is not the state of Georgia, although the state holds an interest in it. It is (he says,) a sound principle that, when a government becomes...sovereign character, and takes that of a private citizen." "The same may be affirmed of insurance, canal, bridge and turnpike companies, &c. The same may also... | |
 | Pennsylvania. Constitutional Convention - Constitutional conventions - 1838 - 398 pages
...it is a sound principle, that when a government becomes a partner in a trading company, it diverts itself, so far as concerns the transactions of that...sovereign character, and takes that of a private citizen." Again, they say in the same case, page 908. "The government of the Union held shares in the old Bank... | |
 | John Marshall - Constitutional law - 1839 - 762 pages
...think, a sound principle, that, when a government becomes a partner in any trading company, it devests itself, so far as concerns the transactions of that...sovereign character, and takes that of a private citizen. Instead of communicating to the company its privileges and its prerogatives, it descends to a level... | |
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