CORPORATE

Belonging to a corporation; as a corporate name. Incorporated; as a corporate body. Corporate authorities. The title given in statutes of neveral states to the aggregate body of officers of a municipal corporation, or to certain of those officers (excluding the others) who are vested with authority in regard to the particular matter spoken of in the statute, as, taxation, bonded debt, regulation of the sale of liquors, etc. See People r. Knopf, 171 lit 191, 49 N. E. 424; State v. Andrews, 11 Neb. 523, 10 N. W. 410; Com. v. Upper Darby Auditors, 2 Pa. Dist. R. 89; Schaeffer v. Bonham, 95 111. 382. Corporate body. This term, or its equivalent “body corporate,” is applied to private corporations aggregate; not Including municipal corporations. Cedar County v. Johnson, 50 Mo. 225; East Oakland TP. v. Skinner, 94 U. S. 256, 24 L. Ed. 125; Campbell v. Railroad Co., 71 111. 611; Com. v. Beamish, 81 Pa. St. 391. Corporate franchise. The right to exist and do business as a corporation; the right or privilege granted by the state or government to the persons forming an aggregate private corporation, and their successors, to exist and do business as a corporation and to exercise the rights and powers incidental to that form of organisation or necessarily implied in the grant. Bank of California v. San Francisco, 142 Cal. 276, 75 Pac. 832. 64 L. R. A. 918, 100 Am. St Rep. 130; Jersey City Gaslight Co. v. United Gas Imp. Co. (C. C.) 46 Fed. 264; Cobb v. Durham County. 122 N. C. 307, 30 S. E. 338; People v. Knight, 174 N. Y. 475, 67 N. E. 65, 63 L. R. A. 87. Corporate name. When a corporation is erected, a name is always given to it, or, supposing none to be actually given, will attach to it by implication, and by that name alone it must sue and be sued, and do all legal acts, though a very minute variation therein is not material, and the name is capable of being changed (by competent authority) without affecting the identity or capacity of the corporation. Wharton. Corporate purpose. In reference to municipal corporations, and especially to their powers of taxation, a “corporate purpose” is one which shall promote the general prosperity and the welfare of the municipality, (Wetherell v. Devine, 116 III. 631, 6 N. E. 24,) or a purpose necessary or proper to carry into effect the object of the creation of the corporate body, (People v. School Trustees, 78 111. 140,) or one which is germane to the general scope of the objects for which the corporation was created or bas a legitimate connection with those objects and a manifest relation thereto. (Weight man v. Clark, 103 U. S. 256, 26 L. Ed. 392.)