10. The Law of Corporations.
Professor Lile.
In view of the recent development of the law of corporations, both in
extent and importance, increasing attention is devoted to this branch
of the curriculum. Among other subjects of lesser import, the
lectures embrace the promotion, organization and management of
business corporations; the formation and enforcement of subscriptions
for shares; corporate duties, powers and liabilities; the relations
between the corporation and the State, between the corporate body
and its shareholders, officers, agents and creditors, and the reciprocal
relations of these with one another; the consolidation, dissolution, and
winding up of corporations; and the appointment, duties and powers
of receivers. The principles applicable to municipal corporations,
whether in their public or their proprietary characters, are fully elucidated;
the subjects of municipal taxation, municipal bonds, franchises,
rights and liabilities in connection with streets, as affecting
the municipality, the public generally and the abutting proprietors,
are dealt with in detail.—February 1 to June 1—Three times a
week.
Text-Book.—Taylor on Corporations.
The Professor's Notes.
