 | 1880 - 554 էջ
...Peun. St. 11, Judge Sharswood said : "They (directors) can only be regarded as mandataries — persona who have gratuitously undertaken to perform certain...apply ordinary skill and diligence, but no more." In Hodges v. New England Screw Co., 1 RI 312, Jenoks, J., said: "The sole question is whether the directors... | |
 | 1903 - 1250 էջ
...we term an agent or any bailee intrusted with the care and management of the property of another. It is certain that they are not technical trustees. They can only be regarded as mandataries," etc. Spiering's App., 71 Pa. 11, 10 Am. Rep. OS4. The Tennessee court speaks of the matter thus: "Directors... | |
 | Nathan Howard (Jr.), Rowland M. Stover - 1880 - 682 էջ
...of fraud itself." In Spering's Appeal (71 Penn. St., 11), judge SHARSWOOD said : " They (directors) can only be regarded as mandataries, persons who have...apply ordinary skill and diligence, but no more." In Hodges agt. New England Screw Co. (1 RI, 312), JENCKES, J., said : " The sole question is whether... | |
 | 1880 - 556 էջ
...short of fraud itself." In Speriny's Appeal, 71 Penu. St. 11, Judge Sharswood said : "They (directors) can only be regarded as mandataries — persons who...undertaken to perform certain duties, and who are therefore bouud to apply ordinary skill and diligence, but no more." lu llodyes v. New England Screw Co., 1 BI... | |
 | 1881 - 628 էջ
...we term an agent or any bailee intrusted with the care and management of the property of another. It is certain that they are not technical trustees. They can only be regarded as mandatories, persons who have gratuitously undertaken to perform certain duties, and who are bound... | |
 | John Norton Pomeroy - 1882 - 844 էջ
...thereby occasioned." In i.'penurj's Appeal, 71 l'a. St. 11, Judge Sharswood said: 'They [the directors] can only be regarded as mandataries — persons who...apply ordinary skill and diligence, but no more;' and added, that the directors ' are not liable lor mistakes of judgment, even though they may be so... | |
 | Isaac Grant Thompson - 1882 - 962 էջ
...Spering's Appeal, 71 Penn. St. 11; 8. c., 10 Am. Rep. 684, Judge SHARSWOOD said : "They (directors) can only be regarded as mandataries — persons who...apply ordinary skill and diligence, but no more." In Hodges v. New England Screw Co., 1 RI 312, JENCKES, J., said : " The sole question is whether the... | |
 | Horace Gay Wood - 1885 - 758 էջ
...grossly improvident regarded as mandataries, persons who have gratuitously undertaken to i»-rfoim certain duties, and who are, therefore, bound to apply...are themselves stockholders, interested as well as nil others that the affairs and business of the corporation should be successful, when we ascertain... | |
 | 1902 - 1196 էջ
...term an agent or any bailee intrusted with the care and management of the property of another.. It is certain that they are not technical trustees. They...are themselves stockholders, Interested as well as nil others that the affairs and business of the corporation should be successful, when we ascertain... | |
 | Victor Morawetz - 1886 - 630 էջ
...it has been said, that, inasmuch as directors are usually not paid for their services, they are to be regarded as mandataries, — persons who have gratuitously undertaken to perform certain duties, and are bound to exercise only ordinary care and prudence, — and that they are liable to the corporation... | |
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They can only be regarded as mandataries, — persons who have gratuitously undertaken to perform certain duties, and who are therefore bound to apply ordinary skill and diligence, but no more. 
