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action agent amount Appeals applied articles of association assessment association authority bonds by-laws certificate Chan charter Chicago claim commissioners common carrier constitution construction contract court court of equity creditors damages debts defendant deposit directors duty entitled franchise funds grant Held holder incorporation indorsed injury insurance company Iowa Supreme Ct issued land legislature liable mandamus Mass ment Minn mortgage municipal corporation N. Y. Ct N. Y. Supreme Ct national bank negligence notice officers Ohio St Ohio Supreme Ct owner paid pany passenger payment person plaintiff poration preme Ct premium purchase purpose R. R. Co railroad railroad company railway company received recover road shareholders shares Stat statute stockholders street subscription thereof tion track trustees U. S. Circ ultra vires valid void