Annual Report of the President and Directors of the Chicago & Alton Railroad Co |
From inside the book
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Page 14
... Court in Minnesota would appear to be conclusive on that point , unless over- ruled by the Supreme Court at Washington , and it is not probable that it will be over - ruled by that Court under laws now in force . In the several ...
... Court in Minnesota would appear to be conclusive on that point , unless over- ruled by the Supreme Court at Washington , and it is not probable that it will be over - ruled by that Court under laws now in force . In the several ...
Page 15
... Court of Minnesota , the people may enforce by the agency of railroad commissioners , rules and rates which practically confiscate railroad property , and that for such legal robbery " there is no remedy , " the fact still remains that ...
... Court of Minnesota , the people may enforce by the agency of railroad commissioners , rules and rates which practically confiscate railroad property , and that for such legal robbery " there is no remedy , " the fact still remains that ...
Page 19
... Court of the United States has in effect decided is not within its jurisdiction . It is a fact which should cause every honest citizen of our country to blush with shame , that under our " Government of the people , by the people , and ...
... Court of the United States has in effect decided is not within its jurisdiction . It is a fact which should cause every honest citizen of our country to blush with shame , that under our " Government of the people , by the people , and ...
Page 16
... Court of the State , and the deci sion was reversed . That court held the law in some of its provisions to be unconstitutional , and advised the Legislature as to the amendments it should make , if the State still desired to practically ...
... Court of the State , and the deci sion was reversed . That court held the law in some of its provisions to be unconstitutional , and advised the Legislature as to the amendments it should make , if the State still desired to practically ...
Page 17
... Court of the United States . In an opinion by Mr. Justice Harlan of that Court , in Ruggles vs. Illinois , 108 U. S. , 526 , decided May 7 , 1883 , he refers to the decisions of the United States Court in the cases of Munn vs. Illinois ...
... Court of the United States . In an opinion by Mr. Justice Harlan of that Court , in Ruggles vs. Illinois , 108 U. S. , 526 , decided May 7 , 1883 , he refers to the decisions of the United States Court in the cases of Munn vs. Illinois ...
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Common terms and phrases
A. R. R. Cars hauled Alton Line ALTON RAILROAD COMPANY Average Number Bond Coupons Capital Stock Cars hauled Empty Cars hauled Loaded cent Chicago & Alton Chicago Railroad Coal City Common Stock Cost of Road December 31 DECREASE Dividend on Stock due May 1st due November 1st Earnings from Shipments Earnings from Traffic Earnings per mile Expires first Monday Farm Products Fund Gold Bonds Gross Earnings Grundy County Illinois Income Account INCREASE Jacksonville & Chicago Joliet & Chicago Kansas City Union Line Cars hauled Louis & Chicago Louisiana & Missouri Louisiana & Mo Main Track mile of Road Mississippi River Bridge Missouri River R. R. Number of Passengers Number of Tons Operating Expenses Preferred Stock R. R. First Mortgage R. R. Second Mortgage railway Regular Service River R. R. Co.'s Shipments of Farm Side Tracks Sinking Fund Gold Sleeping Cars Statistics and Comparisons T. B. BLACKSTONE Tonnage Whole Number
Popular passages
Page 1 - In the government of this commonwealth, the legislative department shall never exercise the executive and judicial powers, or either of them : the executive shall never exercise the legislative and judicial powers, or either of them: the judicial shall never exercise the legislative and executive powers, or either of them : to the end it may be a government of laws and not of men.
Page 18 - The question of the reasonableness of a rate of charge for transportation by a railroad company, involving, as it does, the element of reasonableness both as regards the company and as regards the public, is eminently a question for judicial investigation, requiring due process of law for its determination.
Page 21 - All charges made for any service rendered or to be rendered in the transportation of passengers or property as aforesaid, or in connection therewith, or for the receiving, delivering, storage, or handling of such property, shall be reasonable and just; and every unjust and unreasonable charge for such service is prohibited and declared to be unlawful.
Page 22 - If the company is deprived of the power of charging reasonable rates for the use of its property, and such deprivation takes place in the absence of an investigation by judicial machinery, it is deprived of the lawful use of its property, and thus, in substance and effect, of the property itself, without doe process of law, and in violation of the Constitution of the United States...
Page 22 - ... charging reasonable rates for the use of its property, and such deprivation takes place in the absence of an investigation by judicial machinery, it is deprived of the lawful use of its property, and thus, in substance and effect, of the property itself, without due process of law and in violation of the Constitution of the United States ; and in so far as it is thus deprived, while other persons are permitted to receive reasonable profits upon their invested capital, the company is deprived...
Page 26 - The board of directors shall have power to establish such rates of toll for the conveyance of persons or property upon the same, as they shall from time to time, by their by-laws determine, and to levy and collect the same for the use of the said company.
Page 27 - Rights of property which have been created by the common law cannot be taken away without due process; but the law itself, as a rule of conduct, may be changed at the will, or even at the whim, of the legislature, unless prevented by constitutional limitations. Indeed, the great office of statutes is to remedy defects in the common law as they are developed, and to adapt it to the changes of time and circumstances.
Page 21 - Loan & Trust Co., 116 US 307, 331, 6 Sup. Ct. 334, 345, 29 L. Ed. 636. The court then says: "From what has thus been said it is not to be inferred that this power of limitation or regulation is itself without limit. This power to regulate is not a power to destroy, and limitation is not the equivalent of confiscation.