Brinson Railway Co. v. Exchange Bank
Court of Appeals of Georgia
Complaint; from city court of Sylvania — Judge Boykin. June 8, 1914.
1Opinion of the CourtWade, J.
The powers of a corporation organized under the general railroad law are such only as the statute confers. A corporation thus created may do all things necessary for the legitimate execution of the purposes for which it was chartered. Civil Code, § 2216. As indicating the legislative policy in this regard as to corporations generally, see Civil Code, § 2823, par. 5. And see Hazlehurst v. Savannah &c. R. Co., 43 Ga. 14, 54-55; Screven Hose Co. v. Philpot, 53 Ga. 625-7. “Every corporation must act according to its nature; a trading corporation must trade, a manufacturing corporation must…
2Cases cited5 opinions
- Savannah Ice Co. v. Canal-Louisiana Bank & Trust Co.Court of Appeals of Georgia · 1913
- Hotel Lanier Co. v. JohnsonSupreme Court of Georgia · 1898
- Harriman v. First Bryan Baptist ChurchSupreme Court of Georgia · 1879
- Military Interstate Ass'n v. Savannah, Thunderbolt & Isle of Hope RailwaySupreme Court of Georgia · 1898
- Screven Hose Co. v. PhilpotSupreme Court of Georgia · 1875
3Cited by4 opinions
- Galloway v. Mitchell County Electric Membership Corp.Supreme Court of Georgia · 1940
- Exchange Bank v. OdumCourt of Appeals of Georgia · 1916
- Stephens v. MeyerSupreme Court of Georgia · 1964
- Stewart v. Finance Co. of the SouthCourt of Appeals of Georgia · 1934