Kentucky Trust Co. v. Lewis
Court of Appeals of Kentucky
Case 92 — CONSTITUTION APPEAL PROM LOUISVILLE CHANCERY COURT. 1. The constitutionality of this charter does not seem to us to he open to question, both because similar grauts have been sustained, and because the charter can be maintained upon principle and authority. 2. Whatever the words ‘-exclusive separate public emoluments.;’ or the words “exclusive separate public privilege” may mean, they certainly do not include the character of grant we have in this ease.
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Case 92 — CONSTITUTION APPEAL PROM LOUISVILLE CHANCERY COURT. 1. The constitutionality of this charter does not seem to us to he open to question, both because similar grauts have been sustained, and because the charter can be maintained upon principle and authority. 2. Whatever the words ‘-exclusive separate public emoluments.;’ or the words “exclusive separate public privilege” may mean, they certainly do not include the character of grant we have in this ease. (Beard v. Smith, 6 Mon , 500; Hahn v. Pindell, 3 Bush, 189; Patterson v. Trabue, 3 J. J. Mar., 598; 4 Mon., 91; 1 Dana, 232; 5…
1Opinion of the Court
JUDGE HOLT
delivered ti-ie opinion op the court.
The act of the Legislature incorporating the appellant, the Kentucky Trust Company, of Louisville, Kentucky, provides that it may “deal in the loaning of money, exchange, promissory notes and other evi*580dences of debt, take personal and other securities for-the payment thereof, ancl dispose of the latter as may be agreed upon, in all respects as natural persons may do under the common law. * * * * * The said company may negotiate loans of money, and may purchase, sell and manage property, real, personal and mixed, including stocks, bonds, bills,…
2Cases cited3 opinions
- Holden v. JamesMassachusetts Supreme Judicial Court · 1814
- Gordon v. Winchester Building & Accumulating Fund Ass'nCourt of Appeals of Kentucky · 1876
- Hahn v. PindellCourt of Appeals of Kentucky · 1867
3Cited by10 opinions
- Commonwealth v. Kentucky Jockey ClubCourt of Appeals of Kentucky (pre-1976) · 1931
- Schoolcraft's Adm'r v. Louisville & Nashville RailroadCourt of Appeals of Kentucky · 1891
- City of Corbin v. Louisville & Nashville RailroadCourt of Appeals of Kentucky (pre-1976) · 1930
- Louisville Ry. Co. v. Louisville Fire & Life Pro. Assn.Court of Appeals of Kentucky · 1913
- City of Covington v. HoadleyCourt of Appeals of Kentucky · 1885
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