Wells, Fargo & Co. v. Northern Pac. Ry. Co.
Decision Date | 19 November 1884 |
Citation | 23 F. 469 |
Parties | WELLS, FARGO & CO. v. NORTHERN PAC. RY. CO. |
Court | U.S. District Court — District of Oregon |
M. W Fechheimer, for plaintiff.
James McNaught and C. B. Bellinger, for defendant.
DEADY J., (orally.)
This is a suit brought to restrain or constrain the defendant to furnish the plaintiff with express facilities upon its railway from Portland to Tacoma, and from Wallula junction to St. Paul, and branches between those points. It is brought by Wells, Fargo & Co., a corporation organized by a special act of the territory of Colorado in 1866, whereby it is authorized to engage in the express business, and to draw drafts and bills of exchange, or sell or buy the same in the course of such business. The act itself, section 1, provides 'That Ben Holladay, David Street, Bela M. Hughes, S. L M. Barlow, and John E. Russell, and their associates successors, and assigns, be and they are hereby declared to be a body corporate and politic, by the name of the Holladay Overland Mail & Express Company, and by such name shall have continual succession, with power to sue and be sued, plead and be impleaded, complain and defend in any court of law or equity; to adopt and use a common seal, and change the same; to purchase, hold, mortgage, and convey any estate or property, real or personal, for the use and benefit of said corporation; to take, to hold, and dispose of any mortgage on real or personal estate; to establish, maintain, and operate any express, stage, or passenger, or transportation route or routes, by land or water, for the conveyance of persons, mail, or property of any kind, from, to and between any place or places in Colorado territory, and any place or places beyond the limits thereof; to erect, or hire and maintain warehouses or other structures for the safe keeping of goods, wares, merchandise, or other chattels or effects, and the transaction of business; and for the purpose of facilitating exchange between the several places at which said corporation may transact business, the said company shall have power to draw, accept, indorse, guaranty, buy, sell, and negotiate drafts and bills of exchange, inland and foreign; to receive coin, money, silver, and gold, in any form or other, and any kind of valuables on deposit at its offices, and make orders for the payment and delivery of the same, or an equivalent, at any other place whatsoever; to buy, sell, and dispose of gold and silver coin and bullion, gold-dust, money, and securities for money, and to do a general exchange and collection business; and to invest surplus or unemployed funds in bonds or notes, secured by mortgage on real estate, stocks of the government of the United States, of any of the United States, or otherwise, as the board of directors may designate.'
The bill alleges that this plaintiff has been in the express business in Oregon, Washington, Idaho, Montana, and places to the eastward thereof, for many years; that the defendant is furnishing express facilities to the plaintiff over its road from Kalama northward, and from Wallula junction eastward to Missoula; but that it has refused, and still refuses, to furnish express facilities over its road to the plaintiff from Portland to Kalama, and from Missoula eastward. The answer of the defendant substantially admits the facts upon which the plaintiff grounds its right; that is, the incorporation of the plaintiff, its express business, the ownership and operation of the Northern Pacific Railway and its branch lines by the defendant, and the refusal on the part of the defendant to furnish express facilities to the plaintiff within or between the points named. But, as a defense or reason for this refusal, the defendant sets up several matters; and, first, it says plaintiff is a banking corporation, and by section 1924 of the Revised Statutes it is prohibited from doing business in Washington Territory, and therefore, as an express company, cannot come into that territory; nor can it rightfully or lawfully demand any privileges or facilities or conveniences from the defendant over its railway lines within that territory. Section 1924, of the Revised Statutes referred to, is section 6 of the act of March 2, 1853, (10 St. 172,) organizing the territory of Washington, and it provides:
In Rapalje & L. Law Dict., under the word 'Bank,' occurs this definition of a bank:
Now, I think it is too plain for argument that the plaintiff is not a bank or a banking corporation in any of these senses; though it is undoubtedly true that it possesses some of the powers or facilities which may be used by a bank, and are commonly used by banks in the transaction of business; still, banking is not the object of its incorporation. The object of its incorporation is the transportation of packages, including money, from place to place; and, so far as money is concerned, this is also done at this day by telegraph, bills of exchange, drafts, and otherwise. It may be very convenient and very proper for Wells, Fargo & Co. to receive $1,000 in gold to be transmitted to New York, and to do so by giving a draft on New York, or by making a telegraphic transfer, and then transporting the coin to New York at its convenience, or keeping it here, if that should be more convenient, for the time being. I do not think I can better dispose of this objection than in the language of Mr. Justice GREENE, in the able and exhaustive opinion (1884) delivered by him in the case between these same parties in Washington Territory. He says:
To continue reading
Request your trial-
Virginian Ry. Co. v. SYSTEM FEDERATION NO. 40, ETC.
...539; Southern California Ry. Co. v. Rutherford (C.C.) 62 F. 796, 797; Parsons v. Marye (C.C.) 23 F. 113, 121; Wells, Fargo & Co. v. Northern Pac. Ry. Co. (C.C.) 23 F. 469, 480, 481; Myers v. Louisiana & A. Ry. Co. (D.C.) 7 F. Supp. 92; Id. (D.C.) 7 F.Supp. In the case of In re Lennon, supra......
-
State, on Inf. of Taylor, v. Currency Services
......180; Warren v. Shook, 91. U.S. 704; Wells Fargo Co. v. Northern Pacific Ry. Co., 23 F. 469; Marvin v. Kentucky ... . . In. Wells Fargo & Co. v. Northern Pac. Ry. Co., 23 F. 469,. [1884] the United States Circuit Court held that ......
-
State v. Reid
...that trust companies are not banks or banking institutions. Pratt v. Short, 79 N.Y. 437; Langard v. Railroad, 49 Iowa 317; Wells-Fargo & Co. v. Railroad, 23 F. 469; Loan & Trust Co. v. Helmer, 77 N.Y. 64; Bank v. N. 121 U.S. 138; Selden v. Trust Co., 94 U.S. 419; Beach on Corp. sec. 163. Te......
-
Appeal of Liggett
...trade." This definition is consistent with that given in other modern dictionaries. In Wells, Fargo & Co. v. Northern Pac. Ry. Co. (C. C.) 23 F. 469, 474, the express business is held to be "an industrial pursuit." In both Carver v. Hulme, 7 Mont. 566, 19 P. 213, 214, and Agua, etc. 139 A. ......