Trustees of William Jewell College v. Beavers

ON MOTION FOR REHEARING.

Defendant's motion for rehearing, as did its brief en Banc (also brief of amicus curiae), stresses the provision of the general corporation laws of 1845 (R.S. 1845, p. 232, Ch. 34, Art. 1, Sec. 7) making charters "subject to alteration, suspension, and repeal in the discretion of the legislature." Seton Hall College v. South Orange, 242 U.S. 100, 37 S.Ct. 54, 61 L.Ed. 170, and Covington v. Kentucky, 173 U.S. 231, 19 S.Ct. 383, 43 L.Ed. 679, are cases cited as authority for the proposition that this statute became a part of the plaintiff's charter and contract, and was…