Stone v. Mississippi
Supreme Court of the United States
Error to the Supreme Court of tbe State of Mississippi. The legislature of Mississippi passed an act, approved Feb. 16, 1867, entitled “An Act incorporating the Mississippi Agricultural and Manufacturing Aid Society.”
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Error to the Supreme Court of tbe State of Mississippi. The legislature of Mississippi passed an act, approved Feb. 16, 1867, entitled “An Act incorporating the Mississippi Agricultural and Manufacturing Aid Society.” Its provisions, so' far as they bear upon the questions involved, are as follows: — “The corporation shall have power to receive subscriptions, and sell and dispose of certificates of subscriptions which shall entitle the holders thereof to any articles that may be awarded to them, and the distribution of the awards shall be fairly made in public, after advertising, by the…
1Opinion of the Court
Mu. Chief Justice 'Waite
delivered the opinion of the court.
It is now too late to contend that any contract which a State actually enters into when granting a charter to a private corporation is not within the protection of the clause in the Constitution of the United States that prohibits States from passing laws impairing the obligation of contracts. Art. 1, sect. 10. The doctrines of Trustees of Dartmouth College v. Woodward (4 Wheat. 518), announced by this court more than sixty years ago, have become so imbedded in the jurisprudence of the United States as' to make them to all intents and…
2Cases cited4 opinions
- Boyd's Lessee v. GravesSupreme Court of the United States · 1819
- Metropolitan Board of Excise v. . BarrieNew York Court of Appeals · 1866
- Boyd v. AlabamaSupreme Court of the United States · 1877
- Phalen v. VirginiaSupreme Court of the United States · 1850
3Cited by375 opinions
- Home Building & Loan Assn. v. BlaisdellSupreme Court of the United States · 1934
- Mugler v. KansasSupreme Court of the United States · 1887
- United States Trust Co. of NY v. New JerseySupreme Court of the United States · 1977
- United States v. Winstar Corp.Supreme Court of the United States · 1996
- Holden v. HardySupreme Court of the United States · 1898
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