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RAILWAY CO. v. LOFTIN

Not in source.

98 U.S. 559 (1879)

25 L.Ed. 222

RAILWAY COMPANY, v. LOFTIN.

Supreme Court of United States.

March 24, 1879.

Attorney(s) appearing for the Case

Mr. U.M. Rose for the plaintiff in error.

Mr. A.H. Garland, contra.

MR. CHIEF JUSTICE WAITE, after stating the facts, delivered the opinion of the court.

The principal question in this case is whether the eleventh section of the charter of the Cairo and Fulton Railroad Company, which exempts for ever from taxation the capital stock and dividends of the company, carries with it an exemption of the lands in question so long as they remain unsold. We had occasion at the present term, in Railroad Companies v. Gaines (

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