The Great Speeches and Orations of Daniel Webster: With an Essay on Daniel Webster as a Master of English StyleWebster, Daniel
History
The Great Speeches and Orations of Daniel Webster: With an Essay on Daniel Webster as a Master of English Style
Webster, Daniel
Speeches, addresses, etc., American; United States -- Politics and government -- 1815-1861; Webster, Daniel, 1782-1852
In all cases relative to charters, the acceptance of them is uniformly
alleged in the pleadings. This shows the general understanding of the
law, that they are grants or contracts; and that parties are necessary
to give them force and validity. In _King v. Dr. Askew_,[56] it is said:
"The crown cannot oblige a man to be a corporator, without his consent;
he shall not be subject to the inconveniences of it, without accepting
it and assenting to it." These terms, "acceptance" and "assent," are the
very language of contract. In _Ellis v. Marshall_,[57] it was expressly
adjudged that the naming of the defendant among others, in an act of
incorporation, did not of itself make him a corporator; and that his
assent was necessary to that end. The court speak of the act of
incorporation as a grant, and observe: "That a man may refuse a grant,
whether from the government or an individual, seems to be a principle
too clear to require the support of authorities." But Justice Buller, in
_King v. Pasmore_, furnishes, if possible, a still more direct and
explicit authority. Speaking of a corporation for government, he says:
"I do not know how to reason on this point better than in the manner
urged by one of the relator's counsel; who considered the grant of
incorporation to be a compact between the crown and a certain number of
the subjects, the latter of whom undertake, in consideration of the
privileges which are bestowed, to exert themselves for the good
government of the place." This language applies with peculiar propriety
and force to the case before the court. It was in consequence of the
"privileges bestowed," that Dr. Wheelock and his associates undertook to
exert themselves for the instruction and education of youth in this
college; and it was on the same consideration that the founder endowed
it with his property.
And because charters of incorporation are of the nature of contracts,
they cannot be altered or varied but by consent of the original parties.
If a charter be granted by the king, it may be altered by a new charter
granted by the king, and accepted by the corporators. But if the first
charter be granted by Parliament, the consent of Parliament must be
obtained to any alteration. In _King v. Miller_,[58] Lord Kenyon says:
"Where a corporation takes its rise from the king's charter, the king by
granting, and the corporation by accepting another charter, may alter
it, because it is done with the consent of all the parties who are
competent to consent to the alteration."[59]
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