An Investor's Notes on American RailroadsG.P. Putnam's Sons, 1886 - 172 páginas |
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Página 3
... Constitution is impregna- ble , and that the American Constitution is all moon- shine . As things now stand , some considerations oc- cur which would seem to render appropriate to the present time a budget of suggestive notes on the sub ...
... Constitution is impregna- ble , and that the American Constitution is all moon- shine . As things now stand , some considerations oc- cur which would seem to render appropriate to the present time a budget of suggestive notes on the sub ...
Página 98
... Constitution ( herein more conservative than the British Constitution ) imperatively forbade State legis- lation which should " impair the obligation of a con- tract . " Relying on such assurances , foreign capitalists were not afraid ...
... Constitution ( herein more conservative than the British Constitution ) imperatively forbade State legis- lation which should " impair the obligation of a con- tract . " Relying on such assurances , foreign capitalists were not afraid ...
Página 105
... Constitution , and accentuates the hardship which might through its operation be inflicted on companies . . It will not be denied that , in the case of many existing charters containing no specific provision as to limitation of dividend ...
... Constitution , and accentuates the hardship which might through its operation be inflicted on companies . . It will not be denied that , in the case of many existing charters containing no specific provision as to limitation of dividend ...
Página 113
... constitutional barrier by which this wave of partisan extravagance may be checked . The people , he says , acting through their elected representa- tives , ought to pass on every such important and vital payment . It is their duty as ...
... constitutional barrier by which this wave of partisan extravagance may be checked . The people , he says , acting through their elected representa- tives , ought to pass on every such important and vital payment . It is their duty as ...
Página 125
... Constitution . Nor is a basis of compensation equitable to all interests concerned such a very simple matter . A basis of original cost is of course out of the question . In respect of an economically constructed and successful railroad ...
... Constitution . Nor is a basis of compensation equitable to all interests concerned such a very simple matter . A basis of original cost is of course out of the question . In respect of an economically constructed and successful railroad ...
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Términos y frases comunes
American railroads amount bonds capital charter citizens combination commercial Commissioners common carriers competent competition concern consideration considered Constitution construction contract coupons course court demagogue desire dividends doubt earning economical Eminent Domain England enquirer enterprise eral ex post facto existing favour floating debt foreign investor freight G. P. PUTNAM'S SONS Government holders inci incidents instance investment investor investor's point JOHN SWANN labour land lative leased lines legislation Legislature Let us suppose liberal limited ment observer organized owner party point of view political pool probably produce profit proposed protection purpose rail Railroad Commission railroad companies railroad corporation Railway Age rate of interest ready money reasonable regulation reserved power result risks road scarcely securities serious speculative stockholders success supply and demand tion to-day trade transporting companies whole worth
Pasajes populares
Página 157 - ... contained in this Act shall be deemed and taken to mean all corporations, companies, or individuals now owning or operating, or which may hereafter own or operate any railroad, in whole or in part, in this State, and the provisions of this Act shall apply to all persons, firms and companies, and to all associations of persons, whether incorporated or otherwise, that shall do business as common carriers upon any of the lines of railroad in this State, (street railways excepted) the same as to...
Página 167 - American Orations. From the Colonial Period to the Present Time. Selected as specimens of eloquence, and with special reference to their value in throwing light upon the more important epochs and issues of American history. Edited, with introduction and notes, by the late Alexander Johnston, Professor of Jurisprudence in the College of New Jersey.
Página 149 - The General Assembly shall not remit the forfeiture of the charter of any corporation now existing, or alter or amend the same, or pass any other general or special law for the benefit of such corporation, except upon the condition that such corporation shall thereafter hold its charter subject to the provisions of this Constitution.
Página 136 - State court at any time before the trial or final hearing of the cause, stating the facts and verified by oath, be removed for trial into the next district court to be held in the district where it is pending.
Página 140 - In deciding who are parties to the suit the court will not look beyond the record. Making a State officer a party does not make the State a party, although her law may have prompted his action, and the State may stand behind him as the real party in interest.
Página 151 - State board of education ; one for two years, one for four years, and one for six years...
Página 156 - States of competent jurisdiction, to a fine of not less than one thousand dollars nor more than five thousand dollars, or imprisonment for a term not less than one year nor more than three years, or both such fine and imprisonment ; Provided.
Página 155 - All such schedules purporting to be printed and published as aforesaid, shall be received and held in all such suits, asprima facie the schedules of said Commissioners, without further proof than the production of the schedules desired to be used as evidence, with a certificate of the Railroad Commission that the same is a true copy of the schedule prepared by them for the railroad company or corporation therein named...
Página 152 - State, and doing business in this State, shall charge, collect, demand or receive more than a fair and reasonable rate of toll or compensation, for the transportation of passengers or freight, of any description, or for the use and transportation of any railroad car upon its track, or any of the branches thereof, or upon any railroad within this State, which it has the right, license, or permission to use, operate, or control, the same shall be deemed guilty of extortion, and upon conviction thereof...
Página 159 - Commissioners. wilfully and unlawfully hinder, delay or obstruct said Commissioners in the discharge of the duties hereby imposed upon them, shall forfeit and pay a sum of not less than one hundred, nor more than five thousand dollars, for each offense, to be recovered in an action of debt in the name of the State.