Stone v. Farmers' Loan & Trust Co.
Supreme Court of the United States
APPEAL PROM THE CIRCUIT COURT OE THE UNITED STATES FOR THE SOUTHERN DISTRICT OF MISSISSIPPI. This was a suit brought by the Farmers’ Loau and Trust Company, a New York corporation, to enjoin the Railroad Commission of Mississippi from enforcing against the Mobile and.
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APPEAL PROM THE CIRCUIT COURT OE THE UNITED STATES FOR THE SOUTHERN DISTRICT OF MISSISSIPPI. This was a suit brought by the Farmers’ Loau and Trust Company, a New York corporation, to enjoin the Railroad Commission of Mississippi from enforcing against the Mobile and. Ohio Railroad Company the provisions of the statute of Mississippi passed March 11, 1884, entitled “An Act to provide for the regulation of freight and passenger rates on railroads in 'this State, and to create a commission to supervise the same, and for other purposes.” That act was as follows: “ Section 1. Be it enacted by the…
1Opinion of the CourtChief Justice Waite
After stating the facts in the language above reported, he continued:
The argument in support of the decree below is :
1. That the statute under which the commissioners are to act impairs the obligation of the charter contract of the Mobile and Ohio Railroad Company;
2. That it is, so far as that company is concerned, a regulation of commerce- among the States;
3. That it denies the company the equal protection of the laws; and deprives it of its property without due process of law;
4. That it confers both legislative and judicial powers on the commission, and is thus repugnant to the Constitution…
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