...true construction of the charter of 1 769. This is the point on which the cause essentially depends. If the act of incorporation be a grant of political power, if it create a civil institution to te employed in the administration of the government, or if the funds of the college be 630 CASES IN...

...expense it has been acquired. The principle may be stated in a more general form. If a charter be a mere grant of political power, if it create a civil institution,...employed in the administration of the government, or, if the funds be public property alone, and the government alone be interested in the management...

...then, the principle is distinctly recognised, that if a corporation created by a State Legislature " be a grant of political power, if it create a civil...employed in the administration of the Government," then the charter may be altered or repealed at pleasure by the State 'Legislature. The distinct principle...

...true construction of the charier of 1769. This is the point on which the cause essentially depends. If the act of incorporation be a grant of political...employed in the administration of the government, or if the funds of the college be public property, or if the state of New Hampshire, as a government,...

...purposes, the Legislature may change, modify, enlarge, or restrain them." That " if a charter be a mere grant of political power, if it create a civil institution,...employed in the administration of the government, or, if the funds be public property alone, Bsnk of the State of Arkansas against James Clark, and others....

...expense, it has been acquired. The principle may be stated in a more general form. If a charter be a mere grant of political power, if it create a civil institution,...employed in the administration of the government, or if the funds be public property alone, and the government alone interested in the management of...

...court of equity to execute the trust." And in the same case, page 629, Chief Justice Marshall said: "If the act of incorporation be a grant of political...employed in the administration of the government, or if the funds of the college be public property, or if the State of Xew Hampshire, as a government,...

...equally well settled that when an act of incorporation is a grant of political power, where it creates a civil institution to be employed in the administration of the government, or where the whole funds of the institution are public funds, the charter is completely within legislative...

...consent of the other, it will be time enough to inquire, whether such an act be constitutional." " If the act of incorporation be a grant of political...employed in the administration of the government, or if the funds of the college be public property, or if the state of New Hampshire, as a government,...

...The distinction between public and private corporations was thus defined: — "If a charter be a mere grant of political power; if it create a civil institution,...be employed in the administration of the government ; or if the funds be public property alone, and the government alone be interested in the management...