Lawyers' Reports Annotated Volume 8
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Lawyers' Reports Annotated Volume 8

Lawyers' Reports Annotated Volume 8


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1905 Excerpt: ...cor Eoration, in trust for the benefit of the public, as been likened to the exercise of the power of eminent domain. Chicago Gas Light & Coke Co. v. People's Gas Light t Coke Co. supra. In Gibbs v. Baltimore City Cunsol. Gas Co., supra, the Supreme Court of the United States, in an able opinion delivered by Mr. Chief Justice Fuller, uses these words: "These gas companies entered the streets of Baltimore under their charters, in the exercise of the equivalent of the power of eminent domain, and are to be held as having assumed an obligation to fulfill the public purposes to subserve which they were incorporated." The privileges awarded to the four gas companies under their respective charters were given them in return for and in consideration of services to be rendered by them to the public. When they entered the streets of Chicago, they assumed the performance of the public duty of furnishing light to the inhabitants. That they should be permitted or required or forced to abandon the performance of such public duty is against the policy of the law. The public duty is imposed upon each company separately, and not upon the four when combined together. Each for itself, when it accepted the articles of association, assumed an obligation to perform the objects of its incorporation. But the appellee, through the control which it does or may exercise over the four companies by reason of its ownership of a majority of their stock, renders it impossible for them to discharge their public duties, except at the dictation of an outside force, and in the manner prescribed by a corporation operating independently of them. They are thus viitually forced to abandon the performance of their duty to the public. The freedom and effectiveness of their action in ...


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Product Details
  • ISBN-13: 9781231091944
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 1008
  • Spine Width: 50 mm
  • Width: 189 mm
  • ISBN-10: 1231091940
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 1760 gr

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