It is, we think, a sound principle, that when a government becomes a partner in any trading company, it divests itself, so far as concerns the transactions of that company, of its sovereign character,, and takes that of a private citizen. Bulletin of the Department of Labor - Page 5071905Full view - About this book
| John Fischer Williams, H. Lauterpacht - Law - 1932 - 568 pages
...(US) 904, followed in suits involving the States of the United States, was quoted with approval : " It is, we think, a sound principle that when a government...sovereign character, and takes that of a private citizen." (277 Fed. 473, 476.) Although little weight was given to the fact that Italy did not grant immunity... | |
| United States. Congress. House. Banking and Currency Committee - 1936 - 86 pages
...point, that was in the decision of the Bank of the United States v. Planters Bank of Georgia [reading]: It is, we think, a sound principle that when a government...sovereign character and takes that of a private citizen. Mr. CROSS. Judge, right there, they went into that on an equal footing, to make money or lose money.... | |
| Law reports, digests, etc - 1918 - 1218 pages
...exempt from being sued by the circumstance that the state was a corporator. Chief Justice Marshall said: "It is, we think, a sound principle that when a government becomes a partner iii any trading company, it divests itself, so far as concerns the transactions of that company, of... | |
| United States. Congress. House. Merchant Marine and Fisheries - 1939 - 286 pages
...United States v. Planters Bank (9 Wheat. 904, 907 (US 1824)), Chief Justice Marshall once remarked: "It is, we think, a sound principle, that when a government...of communicating to the company its privileges and prerogatives, it descends to a level with those with whom it associates itself, and takes the character... | |
| International law - 1923 - 248 pages
...view was that stated by Marshall, CJ, in an old American authority ( US Bank v. Planters1 Bank 8), that "when a Government becomes a partner in any trading company it devests itself, so far as concerns the transactions of that company, of its sovereign character." [The... | |
| United States. Department of Justice - Administrative law - 1941 - 664 pages
...commercial business it divests itself, so far as concerns the transactions of the business corporation, of its sovereign character and takes that of a private...of communicating to the company its privileges and prerogatives it descends to a level with those with whom it associates itself, taking on the character... | |
| North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1922 - 712 pages
...Lashkowitz, for appellants. "When a government becomes a partner in any trading company it devests itself, so far as concerns the transactions of that...of communicating to the company its privileges and prerogatives, it descends to the level with those with whom it associated, and to the business which... | |
| United States. Supreme Court - Law reports, digests, etc - 1911 - 1180 pages
...ruled "that when a government becomes a partner in a trading concern, it devests itself, so far as it concerns the transactions of that company, of its...of communicating to the company its privileges and ¡U prerogatives, it descends to a level with those with whom it associates itself, and takes the character... | |
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