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MEMPHIS RAILROAD CO. v. COMMISSIONERS

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112 U.S. 609 (1884)

5 S.Ct. 299

28 L.Ed. 831

MEMPHIS & LITTLE ROCK RAILROAD COMPANY, v. RAILROAD COMMISSIONERS.

Supreme Court of United States.

Decided December 22, 1884.

Attorney(s) appearing for the Case

Mr. B.C. Brown for plaintiff in error.

Mr. U.M. Rose, for defendants in error.

MR. JUSTICE MATTHEWS delivered the opinion of the court. He recited the facts as above stated, and continued:

The case of the plaintiff in error rests entirely upon the words of the ninth section of the act of incorporation of the Memphis and Little Rock Railroad Company of January 11, 1853, by which it was empowered to borrow money "on the credit of the company and on the mortgage of its charter and works." It is argued that these words confer power upon the company...

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