Stone v. Illinois Central Railroad

Citations

• 116 U.S. 347
• 6 S. Ct. 348
• 29 L. Ed. 650
• 1886 U.S. LEXIS 1765

Syllabus

<p>An act of incorporation of a railway company which provides that the president and directors may “adopt and establish such a tariff of charges for the transportation of persons and property as they may think proper,” and the same “ alter and change at pleasure,” does not deprive the State of its power, within the limits of its general authority as controlled by the Constitution of the United States, to aot upon the reasonableness of the tolls and charges so adopted and established.</p> <p>A corporation of one State leasing and operating a railroad in another State is, as to the leased road, subject to local legislation to the extent to which the lessor would have been subject had there been no lease.</p>