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" Nothing is better settled than that the franchise of a private corporation — which, in its application to a railroad, is the privilege of running it and taking fare and freight — is property, and of the most valuable kind, as it -cannot be taken for... "
North Carolina Reports: Cases Argued and Determined in the Supreme Court of ... - Page 712
by North Carolina. Supreme Court - 1876
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Volume 80

United States. Supreme Court - Law reports, digests, etc - 1872 - 1546 pages
...taken in this case. Nothing is better settled than that the franchise of n private corporation—which in its application to a railroad is the privilege of running it and taking fare and freight—is property, and of the most valuable kind, as it cannot be taken for public use even without...
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Monopolies and the People

D. C. Cloud - Monopolies - 1873 - 556 pages
...not inhibited from taxing it. This position is equally unsound with the others taken in this case. Nothing is better settled than that the franchise...be taken for public use even, without compensation. (Eedfield on Railways, p. 129, Sec. 70.) It is true it is not the same sort of property as the rolling...
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Monopolies and the People

D. C. Cloud - Monopolies - 1873 - 494 pages
...not inhibited from taxing it.' This position is equally unsound with the others taken in this case. Nothing is better settled than that the franchise...be taken for public use even, without compensation. (Redfield on Railways, p. 129, sec. 70.) It is true it is not the same sort of property as the rolling...
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Monopolies and the People

D. C. Cloud - Monopolies - 1873 - 488 pages
...taken in this case. Nothing is better settled than that the franchise of a private corporation—which, in its application to a railroad, is the privilege of running it and taking fare and freight—is property, and of the most valuable kind, as it cannot be taken for public use even, without...
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The American Railway Reports

Law reports, digests, etc - 1874 - 660 pages
...taken in this case. Nothing is better settled than that the franchise of a private corporation,—which in its application to a railroad is the privilege of running it and taking fare and freight,—is property, and of the most valuable kind, as it can not be taken for public use even without...
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A Treatise on the Law of Taxation as Imposed by the States and Their ...

William Henry Burroughs - Local taxation - 1877 - 970 pages
...for all other property, for the support of the government."8 And in a late case, the court say : " Nothing is better settled than that the franchise of a private corporation * * * is property, and of the most valuable kind, as it cannot be taken, for public use even, without...
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The American Reports: Containing All Decisions of General ..., Volume 45

Isaac Grant Thompson - Law reports, digests, etc - 1884 - 880 pages
...word is used, he proceeds thus: " This position is equally unsound with the others taken in this case. Nothing is better settled than that the franchise...valuable kind, as it cannot be taken for public use even with compensation." Redf. Rail. 129, § 70. The numerous cases referred to in the elaborate brief of...
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A Treatise on the Law of Railways, Volume 2

David Rorer - Railroad law - 1884 - 996 pages
...ever}' description necessary to the ше of the road, as also the franchise itself.5 The franchise, which, in its application to a railroad, is the privilege of running it and taking 1'are and freight, is property, and of the most valuable kind; and though not of the precise character...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 7

Law reports, digests, etc - 1885 - 892 pages
...inhibited from taxing it. This position is equally unsound with the others taken in this case. Xothing is better settled than that the franchise of a private...as it cannot be taken for public use even without compansation. lledfield on R'ys, 129, § 70. It is true it is not the same sort of property as the...
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The American and English Encyclopedia of Law, Volume 25

John Houston Merrill, Thomas Johnson Michie, Charles Frederic Williams, David Shephard Garland - Law - 1894 - 1162 pages
...property or under the principle of the excise.3 If an excise is ion of the court, used this language : " Nothing is better settled than that the franchise...freight, is property, and of the most valuable kind. It is true it is not the same sort of property as the rolling stock, road-bed, and depot grounds, but...
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