Summary

Portrait of William R. Day William R. Day Mayor and Aldermen of the City of Vicksburg v…

The contrary cannot be maintained, unless we hold that a municipal corporation may, by mere implication, bargain away its duty to protect the public health and the public safety as they are involved in supplying the people with sufficient water. Nothing can be more important or vital to any people than that they should be supplied with pure, wholesome water. And yet it is now held that it was competent for the city of Vicksburg, by mere implication, to so tie its hands that it cannot perform the duty which it owes in that regard to its people.
Source: Wikisource

Portrait of William R. Day William R. Day Mayor and Aldermen of the City of Vicksburg v…

Corporations shall be formed under general laws only. The legislature shall have power to alter, amend, or repeal any charter of incorporation now existing and revocable, and any that may hereafter be created, whenever, in its opinion, it may be for the public interests to do so; provided, however, that no injustice shall be done to the stockholders.' And it is insisted that the subsequent legislative authority given to the city to issue bonds and build its own waterworks amounted to a repeal of the exclusive feature of the grant in the ordinance of 1886, if any it contained.
Source: Wikisource

Portrait of William R. Day William R. Day Mayor and Aldermen of the City of Vicksburg v…

A private company would be compelled to meet the grantee upon different terms, and would not likely conduct the business unless it could be made profitable. We cannot conceive how the right can be exclusive, and the city have the right, at the same time, to erect and maintain a system of waterworks which may, and probably would, practically destroy the value of rights and privileges conferred in its grant. If the right is to be exclusive, as the city has contracted that it shall be, it cannot, at the same time, be shared with another
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature