slovo | definícia |
directors (encz) | directors,ředitelé n: Zdeněk Brož |
DIRECTORS (bouvier) | DIRECTORS. Persons appointed or elected according to law, authorized to
manage and direct the affairs of a corporation or company. The whole of the
directors collectively form, the board of directors.
2. They are generally invested with certain powers by the acts of the
legislature, to which they owe their existence.
3. In modern corporations, created by statutes, it is generally
contemplated by the charter, that the business of the corporation shall be
transacted exclusively by the directors. 2 Caines' R. 381. And the acts of
such a board, evidenced by a legal vote, are as completely binding upon the
corporation, and as complete authority to their agents, as the most solemn
acts done under the corporate seal. 8 Wheat. R. 357, 8.
4. To make a legal board of directors, they must meet at a time when,
and a place where, every other director has the opportunity of attending to
consult and be consulted with; and there must be a sufficient number present
to constitute a quorum. 3 L. R. 574; 13 L. R. 527; 6 L. R. 759. See 11 Mass.
288; 5 Litt. R. 45; 12 S. & R. 256; 1 Pet. S. C. R. 46. Vide Dane's Ab. h.t.
5. Directors of a corporation are trustees, and as such are required to
use due diligence and attention to its concerns, and are bound to a faithful
discharge of the duty which the situation imposes. They are liable to the
stockholders whenever there has been gross negligence or fraud; but not for
unintentional errors. 1 Edw. Ch. R. 513; 8 N. S. 80; 3. L. R. 576. See 4
Mann. & Gr. 552.
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| podobné slovo | definícia |
directorship (mass) | directorship
- riaditeľstvo |
board of directors (encz) | board of directors,představenstvo n: Zdeněk Brož |
directorship (encz) | directorship,funkce ředitele Zdeněk Broždirectorship,představenstvo n: Zdeněk Broždirectorship,ředitelství n: Zdeněk Brož |
joint committee on the remuneration of executive directors and their alternates (encz) | Joint Committee on the Remuneration of Executive Directors and their
Alternates, |
office of executive directors (encz) | Office of Executive Directors, |
staggered board of directors (encz) | staggered board of directors, n: |
joint directors of laboratories (czen) | Joint Directors of Laboratories,JDL[zkr.] [voj.] Zdeněk Brož a
automatický překlad |
Directorship (gcide) | Directorship \Di*rect"or*ship\, n.
The condition or office of a director; directorate.
[1913 Webster] |
board of directors (wn) | board of directors
n 1: a group of persons chosen to govern the affairs of a
corporation or other large institution [syn: directorate,
board of directors] |
directorship (wn) | directorship
n 1: the position of a director of a business concern |
staggered board of directors (wn) | staggered board of directors
n 1: a board of directors a portion of whose members are elected
each year instead of all members being elected annually |
DIRECTORS (bouvier) | DIRECTORS. Persons appointed or elected according to law, authorized to
manage and direct the affairs of a corporation or company. The whole of the
directors collectively form, the board of directors.
2. They are generally invested with certain powers by the acts of the
legislature, to which they owe their existence.
3. In modern corporations, created by statutes, it is generally
contemplated by the charter, that the business of the corporation shall be
transacted exclusively by the directors. 2 Caines' R. 381. And the acts of
such a board, evidenced by a legal vote, are as completely binding upon the
corporation, and as complete authority to their agents, as the most solemn
acts done under the corporate seal. 8 Wheat. R. 357, 8.
4. To make a legal board of directors, they must meet at a time when,
and a place where, every other director has the opportunity of attending to
consult and be consulted with; and there must be a sufficient number present
to constitute a quorum. 3 L. R. 574; 13 L. R. 527; 6 L. R. 759. See 11 Mass.
288; 5 Litt. R. 45; 12 S. & R. 256; 1 Pet. S. C. R. 46. Vide Dane's Ab. h.t.
5. Directors of a corporation are trustees, and as such are required to
use due diligence and attention to its concerns, and are bound to a faithful
discharge of the duty which the situation imposes. They are liable to the
stockholders whenever there has been gross negligence or fraud; but not for
unintentional errors. 1 Edw. Ch. R. 513; 8 N. S. 80; 3. L. R. 576. See 4
Mann. & Gr. 552.
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