Packard v. Thiel College

Citations

• 209 Pa. 349
• 58 A. 670
• 1904 Pa. LEXIS 628

Syllabus

<p>Corporations—■Franchises—Parties—Equity—Act of June 19, 1871, P. L. 1360—College—Location.</p> <p>While the Act of June 19, 1871, P. L. 1360, was not intended to permit an inquiry at the instance of a private suitor as to the validity of a charter .or as to its forfeiture, it was intended to enlarge and make clear the rights of individuals to inquire into the charter franchises of corporations when asserted to their individual injury.</p> <p>Where an act for the incorporation of a college provides that the college shall be permanently located as shall hereafter be determined by the trustees, and the trustees have permanently located the college at a particular place, its location cannot be changed without an amendment of its charter. In such a case persons who have contributed funds for the establishment of the college in the place where it was located, have a standing to maintain a suit in equity to prevent its removal.</p>