New Orleans Debenture Redemption Co. v. Louisiana

Citations

• 180 U.S. 320
• 21 S. Ct. 378
• 45 L. Ed. 550
• 1901 U.S. LEXIS 1308

Syllabus

<p>T’or tlie purpose of procuring a decree enjoining a corporation from acting as such on the ground of the nullity of its organization, it is not necessary that the individual corporators or officers of the company be made defendants, and process be served upon them as such; but tlie State by which the corporate authority was granted is the proper party to bring such an action through its proper officer, and it is well brought when brought against the corporation alone.</p> <p>The State lias the right to determine, through its courts, whether the conditions upon which a charter was granted to a corporation have been complied with.</p>