 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1919 - 800 頁
...stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end...stockholders in order to devote them to other purposes. There is committed to the discretion of directors, a discretion to be exercised in good faith, the... | |
 | 1919 - 1804 頁
...powers of the directors are to 33K3Srif be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end,...stockholders in order to devote them to other purposes. There is committed to the discretion of directors, a discretion to be exercised in good faith, the... | |
 | Lincoln Frederick Schaub, Nathan Isaacs - 1921 - 872 頁
...stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means ,to attain that end,...stockholders in order to devote them to other purposes. There is committed to the discretion of directors, a discretion to be exercised in good faith, the... | |
 | John Rogers Commons - 1921 - 442 頁
...stockholders.1 The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end,...stockholders in order to devote them to other purposes. It is not within the lawful powers of a board of directors to shape and conduct the affairs of a corporation... | |
 | James Mickel Williams - 1922 - 484 頁
...stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end...stockholders in order to devote them to other purposes." 18 The court affirmed the decree of the lower court ordering the stated distribution of profits to... | |
 | 1926 - 310 頁
...stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end,...stockholders in order to devote them to other purposes. There are committed to the discretion of directors (a discretion to be exercised in good faith) the... | |
 | Henry Winthrop Ballantine - 1927 - 1012 頁
...carried on primarily for the profit of the stockholders. . . . The discretion of the directors is to be exercised in the choice of means to attain that end,...stockholders, in order to devote them to other purposes." If it becomes the avowed purpose of the directors to sacrifice the interests of the shareholders, it... | |
 | Henry Winthrop Ballantine - 1927 - 1166 頁
...the directors are to be employed for that end. * * * The discretion does not extend to the reduction profits, or to the nondistribution of profits among...stockholders, in order to devote them to other purposes." Dodge v. Ford Motor Co., 170 NW 668, 204 Mich. 459, 3 ALR 413. An unreasonable or arbitrary refusal... | |
 | 1928 - 1628 頁
...and carried on primarily for the profit of the stockholders, and the discretion of directors is to be exercised in the choice of means to attain that end,...end itself, to the reduction of profits, or to the refusal to distribute profits among stockholders, in order to devote them to other purposes; and, even... | |
 | United States. Securities and Exchange Commission. Division of Corporation Finance - 1980 - 810 頁
...stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end,...stockholders in order to devote them to other purposes. J35/ 33/ The United States Steel Corporation published its first annual report in 1903. Its Chairman... | |
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A business corporation is organized and carried on primarily for the profit of the stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end, and... 
