Hutton V. West Cork Railway Co
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Hutton V. West Cork Railway Co
''Hutton v West Cork Railway Co'' (1883) 23 Ch D 654 is a UK company law case, which concerns the limits of a director's discretion to spend company funds for the benefit of non-shareholders. It was decided in relation to employees in the context of a company's insolvency proceedings. The case's practical significance was limited by cases and statute as in '' Re Horsley & Weight Ltd'' 982Ch 442 where the Court of Appeal held that a company's substantive object may include making gifts, and under Companies Act 2006, section 172 which entitles and obliges directors to regard interests other than shareholders as a proper exercise of their power. Facts According to the law report, Judgment Cotton LJ and Bowen LJ held that the money payment was invalid. Baggallay LJ dissented. In the course of his ''dicta'', Bowen LJ held that there is.. So according to Bowen LJ, directors can only spend, The upshot for a company in insolvency was that directors were not free to make payme ...
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Court Of Appeal Of England And Wales
The Court of Appeal (formally "His Majesty's Court of Appeal in England", commonly cited as "CA", "EWCA" or "CoA") is the highest court within the Courts of England and Wales#Senior Courts of England and Wales, Senior Courts of England and Wales, and second in the legal system of England and Wales only to the Supreme Court of the United Kingdom. The Court of Appeal was created in 1875, and today comprises 39 Lord Justices of Appeal and Lady Justices of Appeal. The court has two divisions, Criminal and Civil, led by the Lord Chief Justice of England and Wales, Lord Chief Justice and the Master of the Rolls, Master of the Rolls and Records of the Chancery of England respectively. Criminal appeals are heard in the Criminal Division, and civil appeals in the Civil Division. The Criminal Division hears appeals from the Crown Court, while the Civil Division hears appeals from the County Court (England and Wales), County Court, High Court of Justice and Family Court (England and Wales ...
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Evans V Brunner, Mond And Co Ltd
Evans may refer to: People *Evans (surname) *List of people with surname Evans Places United States *Evans Island, an island of Alaska *Evans, Colorado *Evans, Georgia *Evans County, Georgia *Evans, New York *Evans Mills, New York *Evans City, Pennsylvania *Evans, West Virginia Elsewhere *Évans, in France *Cape Evans, in Antarctica Creeks *Evans Creek (Peters Creek), a tributary of Peters Creek in California *Evans Creek (Tuscarawas River), a stream in Ohio *Evans Creek (Devils River), a stream in Texas Businesses and organizations *Robert B. Evans, founder of Evans Industries *Evans (retailer), of the United Kingdom *Evans Cycles, a United Kingdom bicycle retailer *Bob Evans Restaurants, a chain operated by Bob Evans Farms, Inc. of the United States *H. C. Evans, a defunct manufacturer of casino, amusement park and fairground equipment in the United States *D'Addario (manufacturer), a drumhead manufacturer also known as "Evans" Transportation *Evans station (Muni Metro), ...
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United Kingdom Company Case Law
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ...
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Court Of Appeal (England And Wales) Cases
A court of appeals, also called a court of appeal, appellate court, appeal court, court of second instance or second instance court, is any court of law that is empowered to hear an appeal of a trial court or other lower tribunal. In much of the world, court systems are divided into at least three levels: the trial court, which initially hears cases and reviews evidence and testimony to determine the facts of the case; at least one intermediate appellate court; and a supreme court (or court of last resort) which primarily reviews the decisions of the intermediate courts, often on a discretionary basis. A particular court system's supreme court is its highest appellate court. Appellate courts nationwide can operate under varying rules. Under its standard of review, an appellate court decides the extent of the deference it would give to the lower court's decision, based on whether the appeal were one of fact or of law. In reviewing an issue of fact, an appellate court ordinar ...
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1883 In Case Law
Events January–March * January 4 – ''Life (magazine), Life'' magazine is founded in Los Angeles, California, United States. * January 10 – A Newhall House Hotel Fire, fire at the Newhall Hotel in Milwaukee, Wisconsin, United States, kills 73 people. * January 16 – The Pendleton Civil Service Reform Act, establishing the United States civil service, is passed. * January 19 – The first electric lighting system employing overhead wires begins service in Roselle, New Jersey, United States, installed by Thomas Edison. * February – ''The Adventures of Pinocchio'' by Carlo Collodi is first published complete in book form, in Italy. * February 15 – Tokyo Electrical Lightning Grid, predecessor of Tokyo Electrical Power (TEPCO), one of the largest electrical grids in Asia and the world, is founded in Japan. * February 16 – The ''Ladies' Home Journal'' is published for the first time, in the United States. * February 23 – Al ...
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Jonathan Parker
Sir Jonathan Frederic Parker (born 8 December 1937) is a retired British Lord Justice of Appeal. Education Sir Jonathan was born in Bishop's Stortford, Hertfordshire, the son of Sir Edmund Parker (1908–1981) and Elizabeth Mary Butterfield (died 1984). His father was a distinguished accountant who was senior partner of Price Waterhouse & Co. and president of the Institute of Chartered Accountants in England and Wales from 1967–68. He was educated at Winchester College and then Magdalene College, Cambridge. Career He was called to the Bar in 1962. He was appointed as Queen's Counsel in 1979. He became a Bencher of the Inner Temple in 1985, and served as head of chambers at 11 Old Square, Lincoln's Inn. He became a High Court Judge in the Chancery Division in 1991 when he received the customary knighthood. He then became a Lord Justice of Appeal in 2000, whereupon he was appointed to the Privy Council in the usual way. He retired from the bench in 2007. He also ser ...
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Princeton University
Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. It is one of the highest-ranked universities in the world. The institution moved to Newark, New Jersey, Newark in 1747, and then to the current site nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. It is a member of the Ivy League. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest List of colleges and universities in the United States by endowment, endowment per student in the United States. Princeton provides undergraduate education, undergraduate and graduate education, graduate in ...
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AP Smith Manufacturing Co V Barlow
''AP Smith Manufacturing Co. v. Barlow'', 13 N.J. 145, 98 A.2d 581 (N.J. 1953), is a US corporate law case, concerning the application of directors' duties in regard to balancing the interests of different stakeholder (corporate), stakeholders. It held that directors may make charitable donations, so long as their personal interests do not conflict, or there is a contravention of state law. Facts The directors of AP Smith Manufacturing, a New Jersey company making fire hydrants in East Orange, New Jersey, East Orange, approved donation of $1,500 () to Princeton University. The shareholders disapproved of the gift and contended that it was a breach of a director's duty to act in the corporation or shareholder interests. Specifically they argued that there was no express authority in the corporation's certificate of incorporation. A New Jersey statute allowed corporations to make charitable donations, so long as the recipient did not own more than 10 per cent of a corporation's stoc ...
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Science
Science is a systematic endeavor that builds and organizes knowledge in the form of testable explanations and predictions about the universe. Science may be as old as the human species, and some of the earliest archeological evidence for scientific reasoning is tens of thousands of years old. The earliest written records in the history of science come from Ancient Egypt and Mesopotamia in around 3000 to 1200 BCE. Their contributions to mathematics, astronomy, and medicine entered and shaped Greek natural philosophy of classical antiquity, whereby formal attempts were made to provide explanations of events in the physical world based on natural causes. After the fall of the Western Roman Empire, knowledge of Greek conceptions of the world deteriorated in Western Europe during the early centuries (400 to 1000 CE) of the Middle Ages, but was preserved in the Muslim world during the Islamic Golden Age and later by the efforts of Byzantine Greek scholars who brought Greek ...
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Chemical
A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., without breaking chemical bonds. Chemical substances can be simple substances (substances consisting of a single chemical element), chemical compounds, or alloys. Chemical substances are often called 'pure' to set them apart from mixtures. A common example of a chemical substance is pure water; it has the same properties and the same ratio of hydrogen to oxygen whether it is isolated from a river or made in a laboratory. Other chemical substances commonly encountered in pure form are diamond (carbon), gold, table salt (sodium chloride) and refined sugar (sucrose). However, in practice, no substance is entirely pure, and chemical purity is specified according to the intended use of the chemical. Chemical substances exist as solids, liquids, ...
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William John Miles
William John Miles (27 August 1871 – 10 January 1942) was an Australian businessman and far-right political activist. Early life Miles was born on 27 August 1871 in Woolloomooloo, New South Wales. He was the son of Ellen (née Munton) and John Balfour Clement Miles. His mother, born in England, was the widow of musician William J. Cordner. His father, born in Tahiti, was a public accountant. Business career Miles followed his father into the accounting profession, joining the firm of Miles, Vane & Miles (later Yarwood, Vane & Miles). He became a fellow of the Institute of Chartered Accountants Australia, Australasian Corporation of Public Accountants and was a long-serving director of Peapes, a menswear store on George Street, Sydney, of which he became the majority shareholder. He retired from business in 1935 on an annual income estimated at £6,000 (). In 1913, Miles unsuccessfully sued the Sydney Meat-Preserving Company, of which he was a major shareholder, for its failure ...
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