...Company et al. rator, identify itself with the corporation. Instead of that the State, in such a case, divests itself, so far as concerns the transactions...sovereign character, and takes that of a private citizen. United States Bank v. Planters' Bank, 9 Wheat. 907 ; Union Pacific Railroad v. Lincoln County, 10 Am....

...the case here cited of Bank of Kentucky v. Wister, the United States Supreme Court, JOHNSON, J., say: "It is, we think, a sound principle. that when a government...sovereign character, and takes that of a private citizen. * * * Thus many States of the Union which have an interest in banks, are not suable even in their own...

...case of the United Slates v. The Planters' Bank, 9 Wheat., 904, (opinion by Marshall, CJ,) it is said: "It is, we think, a sound principle, that when a government...any trading company, it divests itself, so far as it concerns the 15—VOL. 5. State, and Watson, Trustee r. Bank of Tennessee. transactions of that...

...to her), "she divests herself, so far as concerns the transactions in which she so engages, of her sovereign character and takes that of a private citizen. Instead of communicating to the company or its business her privileges, she descends to a level with them with whom she associates, and to...

...Bank of the United States vs. the Planters' Bank (9 Wheat., 904), decided the question as follows : " When a government becomes a partner in any trading...sovereign character and takes that of a private citizen. * * * As a member of a corporation, a government never exercises its sovereignty." This fallacy being...

...Bank of the United States vs. the Planters' Bank (9 Wheat., 904), decided the question as follows: " When a government becomes a partner in any trading...sovereign character and takes that of a private citizen. * * * As a member of a corporation, a government never exercises its sovereignty." This fallacy being...

...was indirectly a party defendant, Chief Justice Marshall said it was "a sound principle that where a government becomes a partner in any trading company,...sovereign character, and takes that of a private citizen ; " and in Briseoe v. Bank of the Commonwealth, 11 Peters, 257, where the State of Kentucky was the...

...was indirectly a party defendant, Chief Justice Marshall said it was "a sound principle that where a government becomes a partner in any trading company,...sovereign character, and takes that of a private citizen ; " and in Briscoe v. Bank of the Commonwealth, 11 Peters, 257, where the State of Kentucky was the...

...Planters' Bank, 9 Wheat. 904, 6 L. Ed. 244, from which, in the circumstances, the following may be quoted : "It Is, we think, a sound principle that, when a government becomes a partner In any trucllng company, It divests itself, so far as concerns the transactions of that company, of Its sovereign...

...tfrelf, so far as it concerns the transactions of tiat company, of its sovereign character, and tikes that of a private citizen. Instead of communicating to the company its privileges and iu prerogatives, it descends to a level with those wi:U whom it associates itself, and takes the duracter...