Nathan Clifford

Name: Improvement Company v. Slack — Opinion of the Court
Author: Nathan Clifford

Improvement Company v. Slack — Opinion of the Court

Summary

“Improvement Company v. Slack — Opinion of the Court”, is a work by Nathan Clifford. It explores elements such as railroad, plaintiffs and coupons.

Quotes from Improvement Company v. Slack — Opinion of the Court (Nathan Clifford)

Nathan Clifford, Improvement Company v. Slack — Opinion of the Court

“ Under the enlarged power conferred by the new act the company may not only construct railway tracks and connect with other railways, but they may condemn and appropriate such lands and materials as may be necessary for the construction and convenient and proper use and maintenance of such railroad, without any limitation except that the same proceedings shall be had in effecting such condemnation as are required by law for the condemnation of lands and materials for turnpikes and plank-roads, and that the lands condemned for any railroad track shall not exceed in width one hundred feet. ”

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Source: Wikisource

Nathan Clifford, Improvement Company v. Slack — Opinion of the Court

“ That the charter does not in terms authorize the company to convey freight or passengers for hire. Suppose that is so, still it remains that power is given to the plaintiffs to construct a railroad, and, if so, it must be inferred that the builders and owners of it have a right to use it, and to charge a reasonable price for its use. ”

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Source: Wikisource

Nathan Clifford, Improvement Company v. Slack — Opinion of the Court

“ Congress enacted to the effect that any railroad indebted for any money for which bonds or other evidences of indebtedness have been issued, subject to interest, or with coupons representing interest, shall pay a tax of five per cent on the amount of all such itnerest or coupons. ”

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Source: Wikisource

Nathan Clifford, Improvement Company v. Slack — Opinion of the Court

“ The objects and purposes of the incorporation of said company shall be the mining for coal, iron ore, petroleum, carbon, or rock oil, and any and all other minerals or mineral substances, or the direct products of the earth, or any or all of them, and the manufacture and refining of any or all of them, and transportation to market of the same ”

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Source: Wikisource

Nathan Clifford, Improvement Company v. Slack — Opinion of the Court

“ That, should said company lock and dam the Little Sandy River, they shall build two bridges over said river sufficient for the public travel, one of the bridges to be at the crossing of the Greenupsburg and Raccoon Furnace Road, and the other at the crossing of the Greenupsburg and Grayson Road, at or near the Argilite Mills. ”

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Source: Wikisource

Nathan Clifford, Improvement Company v. Slack — Opinion of the Court

“ The road was finished in June, 1868, and thereafter the company transported over it its own freight, officers, and agents, and in addition thereto, though not in terms so authorized by the charter, from time to time other passengers and freight for hire. Held, that the company was, within the meaning of the ninth section of the act of July 13, 1866 (14 Stat. 138) , a railroad company, and as such, for the year 1870, liable to the tax of five per cent on coupons thereby imposed. ”

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Source: Wikisource

Nathan Clifford, Improvement Company v. Slack — Opinion of the Court

“ The company, while it was a mining and manufacturing company and nothing else, voted 'to authorize the building of a railroad . . . for the transportation of coal and other productions to market. . . .
'That a sum . . . be raised for the purpose of building and equipping said railroad, and afford facilities for transportation to market for the mineral and other productions of the company's property; . . . to issue bonds . ”

Nathan Clifford

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Quotes from Improvement Company v. Slack — Opinion of the Court (Nathan Clifford)

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