A Treatise on the Law of Railroads; Containing a Consideration of the Organization, Status and Powers of Railroad Corporations, and of the Rights and Liabilities Incident to the Location, Construction and Operation of Railroads Volume 2

A Treatise on the Law of Railroads; Containing a Consideration of the Organization, Status and Powers of Railroad Corporations, and of the Rights and Liabilities Incident to the Location, Construction and Operation of Railroads Volume 2

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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. 1921 edition. Excerpt: ...after being put upon inquiry, he might have ascertained with reasonable diligence. Every dealer in municipal bonds, which upon their face refer to the statute under which they are issued, is bound to take notice of the statute and its requirements."60 The general rule is that 67 Douglass v. Pike County, 101 U. S. 677, 25 L. ed. 968; Gelpcke v. Dubuque, 1 Wall. (U. S.) 175, 17 L. ed. 520; Taylor v. Ypsilanti, 105 U. S. 60, 26 L. cd. 1008: Ohio Life Ins. &c. Co. v. De Bolt, 16 How. (IT. S.) 416, 14 L. cd. 997: Anderson v. Santa Anna, 116 U. S. 356, 6 Sup. Ct. 413, 29 L. ed. 633; Los Angeles v. Los Angeles City Water Co., 177 U. S. 558, 20 Sup. Ct. 739, 44 L. ed. 886. See also Oliver Co. v. Louisville Realty Co., 161 S. W. 570, 156 Ky. 628; Stallcup v. Tacoma. 13 Wash. 141, 42 Pac. 541. 52 Am. St. 25: Union Bank v. Oxford. 90 Fed. 7: Muhlker v. New York &c. R. Co.. 197 U. S. 544, 25 Sup. Ct. 522, 49 L. ed. 872; Thomas v. State. 76 Ohio St. 341. 81 N. E. 437. 118 Am. St. 884., is It seems that the obligation of a contract is not impaired within the constitutional prohibition by a mere judicial decision. Central Land Co. v. Laidley, 159 U. S. 103. I6 Sup. Ct. 80, 40 L. ed. 91. See also National Mut. BId'ng &c. Assn. v. Brahan, 193 U. S. 635, 24 Sup. Ct. 532, 48 L. ed. 823; Swanson v. Ottumwa, 131 Iowa 540, 106 N. W. 9, 5 L. R. A. (N. S.) 860; Crigler v. Shepler, 79 Kans. 834, 101 Pac. 619, 23 L. R. A. (N. S.) 500; Storrie v. Cortes, 90 Tex. 283, 38 S. W. 154. 35 L. R. A. 666. And sec explanation in Loeb v. Columbia Tp.. 179 U. S. 472, 21 Sup. Ct. 174. 45 L. ed. 280. 60McClure v. Oxford, 94 U. S. 429, 24 L. ed. 129. In the case cited the purchaser of bonds was held bound to take notice of the time the enabling act went into force. In...show more

Product details

  • Paperback | 408 pages
  • 189 x 246 x 21mm | 726g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236619633
  • 9781236619631