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Corporation Aggregate

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

A collection of several individuals united into one body, under a special denomination, and having perpetual succession under an artificial form, and vested by the policy of the Jaw with the capacity of acting in several respects asanindividual.

Shelf. Mortm. 22; 1 Kyd, Corp. 13; 2 Kent, Comm. 267.

An aggregate corporation, at common law, is a collection of individtials, united into one collective body, under & special name, and possessing certain immunities, privileges, and capacities, in its collective character, which do not belong to the natural persons composing it. It is an artificial person, existing in contemplation of law, and endowed with certain powers and franchises, which, though they must be exercised through the medium of its natural members, are yet considered ag