An Investor's Notes on American RailroadsG.P. Putnam's Sons, 1886 - 172 páginas |
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Página 151
... RESERVED POWER OF STATES TO REPEAL OR MODIFY CHARTERS . 19. When a State reserves to itself under the provisions of an old existing constitution the right to repeal or mod- ify at will the charters which it grants , —and by inference ...
... RESERVED POWER OF STATES TO REPEAL OR MODIFY CHARTERS . 19. When a State reserves to itself under the provisions of an old existing constitution the right to repeal or mod- ify at will the charters which it grants , —and by inference ...
Página 152
... reserved powers of States to repeal charters or modify a contract by ex post facto legis- lation , after the ... power . The investor in railroads must depend on the virtue of the people rather than on enforcible rights of contract , and ...
... reserved powers of States to repeal charters or modify a contract by ex post facto legis- lation , after the ... power . The investor in railroads must depend on the virtue of the people rather than on enforcible rights of contract , and ...
Página 171
... Powers reserved to States to modify charters , 151 Proxies , 70 ; their use and abuse , 72 , 73 Public advantage the consideration for charters , 145 , 146 Publicity official reports intervals of , 87 , 88 ; quarterly statements , 87 ...
... Powers reserved to States to modify charters , 151 Proxies , 70 ; their use and abuse , 72 , 73 Public advantage the consideration for charters , 145 , 146 Publicity official reports intervals of , 87 , 88 ; quarterly statements , 87 ...
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administration American railroads bonds capital charges charter citizens combination commercial Commissioners common carriers competent competition concern considered Constitution construction contract coupons course court demagogue desire dividends doubt duty earning economical Eminent Domain England enquirer enterprise eral ex post facto existing favour floating debt foreign investor freight and passenger G. P. PUTNAM'S SONS Government holders inci incidents instance investment investor's point labour land lative leased lines legislation Let us suppose limited ment observer Octavo organized party passenger tariffs point of view political Political Economy pool probably produce profit proposed protection purpose rail Railroad Commission railroad companies railroad corporation Railway Age ready money reasonable reserved power result risks road rules and regulations scarcely securities speculative stockholders supply and demand tion to-day trade transporting companies whole worth