The joint-stock companies in the court of equity

Abstract

My desire this evening is to present in panorama a few pictures that have already passed before the spectator in the Court of Chancery; then to point out some innate vices in the principles on which the companies so seen were founded; to consider how far the law pretends, and how far it does not, to deal with those disorders; and finally, with considerable self-distrust, to suggest certain legislative remedies, drawn as far as possible from the stores of established principle, and therefore savouring rather of old custom than of innovation.