William Howard Taft,
Chicago Railway Company v. Nye-Schneider-Fowler Company…
“ Counsel for the plaintiff in error contends that the Legislature has granted no such right of subrogation in this statute; that it is not a right, but purely a matter of equity under the circumstances. We cannot follow this distinction. We have here a construction of this statute by the Supreme Court of the state, in which that tribunal holds that, under all the circumstances to which this statute can apply, subrogation does exist. ”
