consideration for a legislative contract
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 75 U.S. 430 - Home of the Friendless v. Rouse · 1869Most cited · 78 citing opinions
There is no necessity of looking for the consideration for a legislative contract outside of the objects for which the corporation was created. These objects were deemed by the legislature to be beneficial to the community, and this benefit constitutes the consideration for the contract, and no other is required to support it.