Maryland v. Railroad Co.
Supreme Court of the United States
Error to the Supreme Court of Maryland; the case being thus: Iu the year 1826 the State of Maryland incorporated the company now well known as the Baltimore and Ohio Railroad Company, for the purpose of making a railroad from Baltimore to the Ohio River.
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Error to the Supreme Court of Maryland; the case being thus: Iu the year 1826 the State of Maryland incorporated the company now well known as the Baltimore and Ohio Railroad Company, for the purpose of making a railroad from Baltimore to the Ohio River. The capital was $3,000,000; and the State took one-sixth of it, or $500,000. The company was,, however, not able to make the road with the $3,000,000 capital thus originally subscribed; and in 1836 the legislature of the State passed an act “for the promotion of internal improvements,"&c.,” meant to assist the completion of the road. By the…
1Opinion of the CourtJustice Strong
It is not contended in this case that the contract between the parties contains any express undertaking to pay what the company assumed to pay, either in coin or in any specified kind of money, or with anything other than that which might be a legal tender for the payment of debts, when the time for payment should arrive. But the argument on behalf of the State is, that the language used implies an undertaking to pay in coin, and that the case is therefore within the principle laid down in Trebileock v. Wilson. Conceding that such an undertaking may be implied, when there is no express…
2Cited by40 opinions
- Juilliard v. GreenmanSupreme Court of the United States · 1884
- Sanders v. CommissionerCourt of Appeals for the Tenth Circuit · 1955
- Union Stock-Yards & Transit Co. v. Western Land & Cattle Co.Court of Appeals for the Seventh Circuit · 1893
- Southern Express Co. v. StateSupreme Court of Alabama · 1914
- Merica v. BurgetIndiana Court of Appeals · 1905
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