Court Opinion

ID: 5197879
Source: CourtListenerOpinion
Date Created: 2022-01-06 15:46:21.704894+00
Date Added: 2024-06-11T08:27:08.561994
License: Public Domain

Laughlin, J.
(concurring):
By permitting one street railway corporation to own a controlling interest in the stock of another, competition is more or less stifled, and it would seem that there should be an interchange of transfers so that 'passengers may make a continuous journey in one general direction over both lines for a single fare. The remedy, however, *50must be found in the Legislature. . It will not, in my opinión, do for the courts to" hold that the directors elected by the corporation owning a majority of the stock are subservient to that corporation-,, and are in. all cases justified in carrying out its wishes so that it may be said to control the other corporation.
Determination affirmed, with Costs,