Court Opinion

ID: 9417093
Source: CourtListenerOpinion
Date Created: 2023-08-02 20:03:07.62592+00
Date Added: 2024-06-11T17:21:36.055109
License: Public Domain

Mr. Justice Strong.
I dissent from the judgment in this case.
I agree that, by the consolidation effected under the statutes, a new. corporation was created, with the powers and'restrictions of the constituent corporations. I agree,. therefore, that the legislature reserved’ the power to repeal, alter, or amend the charter. But I deny thatr under this reserved power it. was competent for the legislature to take away the right given to the company to charge sncn freight and tolls as the directors .might deem'reasonable, while at the same time continuing the *326company in existence, subject to all tbe duties imposed apon it. Sucb an alteration is taking away tbe property of tbe company without compensation, as much as would be taking away its. lands.
Mr. Chief Justice Waite did not sit in this case, nor take any part in deciding it.