Court Opinion

ID: 9812550
Source: CourtListenerOpinion
Date Created: 2023-08-31 22:41:16.874975+00
Date Added: 2024-06-11T15:25:11.508287
License: Public Domain

BnowN, L,
concurring: I concur fully in the able and exhaustive opinion of Mr. Justice Walker, who speaks for the Court in this case. As to whether the lease of the Atlantic. and North Carolina Railroad was wise or not is not for this Court' to say. Suffice it that it was made by the administration of Governor Aycock, an able and patriotic son of our State, after long and patient consideration and supported by a well-defined and pronounced public sentiment, so much so that the succeeding General Assembly refused to take any steps to disturb it. The State and other stockholders are now in receipt of a large revenue from it — something they never received before. I shall not discuss the wisdom or folly of government ownership of railroads, State or National. Those who wish to be informed as to the wretched failure of this State in managing and owning railroad property will do well to read the able article of the Hon. Thomas B. Womack on the subject in the December number,' 1906, of World's Work. The reader will also be enlightened as to the enormous losses of the States of Missouri and Bennsyl-*592vania, when engaged in similar business, by reading the instructive article of Mr. C. M. Keys in the same number of that magazine.