Stone v. New Orleans & Northeastern Railroad

Citations

• 116 U.S. 352
• 6 S. Ct. 349
• 29 L. Ed. 651
• 1886 U.S. LEXIS 1766

Syllabus

<p>A State statute providing that a railroad company may receive for transporting, carrying and telegraphing, such tolls and charges as might from time to time be established, fixed and regulated by the directors, and that the act should be construed liberally so as to favor its purposes and objects, provided, that nothing in it should be construed as preventing the legislature from regulating the rates of transportation for passengers and freight over the road, smd provided further, that there should be no discrimination in favor of any road, 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 act upon the reasonableness of the tolls and charges so established, fixed and regulated. Subsequent legislation by the State fixing a maximum rate for other railroads does not apply to this road by virtue of the proviso as to discrimination.</p>