[DOWNLOAD] "Humphrey v. Pegues" by United States Supreme Court ~ eBook PDF Kindle ePub Free

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eBook details

• Title: Humphrey v. Pegues
• Author : United States Supreme Court
• Release Date : January 01, 1872
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 54 KB

Description

Mr. D. H. Chamberlain, for the State officers, appellants, contended that an exemption from taxation was never to be implied; that nothing less than a clear intention on the part of the legislature–an intention expressed in terms which admit no other reasonable construction–would suffice to sustain a privilege so valuable and so far-reaching; that as was shown by the words–'an act to amend the charter of the Northeastern Company'–in the amendatory act of 1855, it was the act of 1851 incorporating the company which constituted its charter; and that when the act of 1863 gave to the Cheraw and Darlington Railroad all the powers, rights, and privileges granted by the charter of the Northeastern Railroad Company, it gave it only the powers, rights, and privileges granted by that act of 1851. In addition to this, that the original grant of powers, rights, and privileges made to the Cheraw and Darlington road by the section 5 of the act of December 19th, 1849, to charter that road, was 'for the purpose of organizing and forming that company,' and that when this act was amended by substituting the new words contained in the amendatory act of the 17th of December, 1863, granting other privileges–the road not yet being so much as undertaken–the original purpose 'of organizing and forming the company' still remained; and that it was a construction such as, in regard to a law exempting property from taxation, was not to be made, that would extend the interpretation so much further, as the complainant sought to do.

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