UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Booklet - UI Charter of Freedom (1942) [PAGE 20]

Caption: Booklet - UI Charter of Freedom (1942)
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P a t e n t Rolls, 28 Hen. I l l , m. 10 d., p. 438. Ayliffe, S t a t e of Oxford, II, 262, cxxiii, cxxiv. H i s t o r y and Antiquities of the University of Oxford, Parker, 204, par. VII. Let. P a t . H e n r y VIII, Nov. 28, 36th year of his reign (1545). Oxford Poor Rate, 120 Eng. Rep. 68, 76 (1867). 1 Blackstone's Commentaries, 480-81. Act of 9 H e n r y IV, C. 1. Report of Oxford Commission, Evidence, 245. 2 Rashdall, 425, 433. Williams, Laws of the Universities, 29-34. Rex v. Cambridge, 2 Strange, 1157 (723). (c) The visitorial power in the United States, with respect to business or public corporations, in general, is, simply put, the power to require them to give an accounting of tbeir stewardship of the powers and privileges the State lias conferred on the corporators, shareholders (through the tiling of reports and in quo warranto actions) or inhabitants, to do business or exist on an incorporated basis; and that power is lodged in the people of the State and asserted through their law officer, the Attorney General, as to public agencies, domestic corporations, and those foreign bodies politic which the State has permitted to do business within its borders (Smith-IIurd R. S., 1941, C. 32, Sees. 157, 82, 83, 84, 85, 8«, 1)1, 1)2, 1)5, 100). The position of the people and the Attorney General is, therefore, adverse to these corporate bodies, such as the University and all public and private corporate bodies who must, on their own responsibility, l>e prepared to meet whatever challenge the exercise of this inquisitorial power produces.

Smith-Hurd R. S., 1941, C. 32, Sees. 157, 82, 83, 84, 85, 86, 91, 92, 95, 100. State v. Milwaukee Chamber of Commerce , 47 Wis. 670, 679, 3 N. W. 760. IV Blackstone Commentaries (2nd ed.), 307-