Covington El Railroad Transfer Bridge Co v. Commonwealth of Kentucky
Decision Date | 26 May 1894 |
Docket Number | No. 1,043,1,043 |
Citation | 14 S.Ct. 1094,154 U.S. 224,38 L.Ed. 970 |
Parties | COVINGTON & C. EL. RAILROAD & TRANSFER & BRIDGE CO. v. COMMONWEALTH OF KENTUCKY |
Court | U.S. Supreme Court |
Wm. J. Hendrick, Atty. Gen. Ky., and Wm. Goebel, for the commonwealth.
This case differs from the last only in the fact that the plaintiff in error was not incorporated until 1886, and subsequently to a general law of the state declaring that all charters and grants of or to corporations shall be subject to amendment or repeal at the will of the legislature. Conceding that these words became a part of its charter, and hence that no contract was impaired by the legislation of 1890, such legislation is still open to the objection, found to exist in the former case, that it is in conflict with the interstate commerce clause of the constitution.
The judgment of the court of appeals of Kentucky is therefore reversed, and the case remanded to that court for further proceedings.
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