Author: George Ticknor Curtis

Publisher: Forgotten Books

Published: 2017-12-24

Total Pages: 40

ISBN-13: 9780484683593

Excerpt from The Doctrine of Presumed Dedication of Private Property to Public Use, in Its Application to Railroads In the April (1881) number of the "North American Review," I published an article on "The Ownership of Railroad Property." It was the object of that article to maintain that the property of railroad corporations, which has been purchased by private funds, has all the attributes of private property; and that, unless the charter of the corporation, or some law of the State which, by fair implication, or by express provision, is to be regarded as a part of the contract between the State and the corporation, has reserved to the State a power to regulate the rates of fare and freight, the corporation has the same right to fix its own rates as the owner of any other property has to determine the price for which he will allow the use of his property, and will render his personal services in connection with that use. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.