Contractual Capacity Flashcards
Ashbury Railway
Memos and Arts are an act of parliament wherein the statutory corporation sets down particular purpose - objects clause
Ashbury Railway and Tram
Main Objects Clause
German Date Coffee
The reason to which people prescribe their money
Cotman -v- Broughman
Independant O/C
Bells Houses -v- City Wall
Advantageous to the main objects clause - Bell Houses Clause
Rolled Steel
Power to do any act in attainment of the o/c
Horsley -v- Weight
Must benefit the company
Greendale (Hutton and West Cork)
Gratuitous Payments - not saying that the company cannot have cakes and ale but cakes and ale to the benefit of the company - ultra vires payment cannot be cured by sh consent.
Roper -v- Ward
Different decision if authorised by memos and arts