Concession (law)

Definition and stakes

Peter Vivian Daniel,  Pennington v. Gibson — Opinion of the Court

“ The proposition, thus generally put, is then followed by a qualification in these words, 'at least without an averment in pleading, that the decree within its territorial jurisdiction is of equal efficacy with a judgment at law.' By this language the universality of the previous proposition is modified, or rather contradicted, for it contains an obvious concession, that provided a particular efficiency can be affirmed with regard to it, an action at law may be maintained even upon a decree of a court of equity. ”
Source: Wikisource

Portrait of Samuel Freeman Miller Samuel Freeman Miller,  New Jersey v. Yard — Opinion of the Court

“ But, as we have already said, since the legislature which passed the act of 1865 had the power to make a contract which should not be subject to repeal or modification by one of the parties to it without the consent of the other, the main question here is, Did they intend to make such a contract?
The principal function of a legislative body is not to make contracts, but to make laws. These laws are put into a form which, in all countries using the English language and inheriting the English common law, is called a statute.
”
Source: Wikisource

Horace Gray,  Central Land Company of West Virginia v…

“ In order to come within the provision of the constitution of the United States, which declares that no state shall pass any law impairing the obligation of contracts, not only must the obligation of a contract have been impaired, but it must have been impaired by some act of the legislative power of the state, and not by a decision of its judicial department only. ”
Source: Wikisource

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