Summary

Portrait of William R. Day William R. Day Detroit United Railway Company v…

It is not anywhere alleged in the bill that the 'five-cent franchise lines' (no complaint is made as to the three-cent lines) can be operated separately and profitably or that less income would be realized from them if operated under the terms of section 4 in conjunction with the non-franchise lines than if they were operated as separate properties, if such thing be possible, charging the five-cent franchise rate without transfers. Without such an allegation it is pure conjecture to say that the company would suffer loss and that its contract would be impaired by giving effect to section 4.
Source: Wikisource

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