Railroads and American Law

Railroads and American Law
Author: James W. Ely, Jr.
Publisher: University Press of Kansas
Total Pages: 376
Release: 2001-12-06
Genre: Law
ISBN: 0700611444

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No enterprise is so seductive as a railroad for the influence it exerts, the power it gives, and the hope of gain it offers.—Poor's Manual of Railroads (1900) At its peak, the railroad was the Internet of its day in its transformative impact on American life and law. A harbinger and promoter of economic empire, it was also the icon of a technological revolution that accelerated national expansion and in the process transformed our legal system. James W. Ely Jr., in the first comprehensive legal history of the rail industry, shows that the two institutions-the railroad and American law-had a profound influence on each other. Ely chronicles how "America's first big business" impelled the creation of a vast array of new laws in a country where long-distance internal transport had previously been limited to canals and turnpikes. Railroads, the first major industry to experience extensive regulation, brought about significant legal innovations governing interstate commerce, eminent domain, private property, labor relations, and much more. Much of this development was originally designed to serve the interests of the railroads themselves but gradually came to contest and control the industry's power and exploitative tendencies. As Ely reveals, despite its great promise and potential as an engine of prosperity and uniter of far-flung regions, the railroad was not universally admired. Railroads uprooted people, threatened local autonomy, and posed dangers to employees and the public alike-situations with unprecedented legal ramifications. Ely explores the complex and sometimes contradictory ways in which those ramifications played out, as railroads crossed state lines and knitted together a diverse nation with thousands of miles of iron rail. Epic in its scope, Railroads and American Law makes a complex subject accessible to a wide range of readers, from legal historians to railroad buffs, and shows the many ways in which a powerful industry brought change and innovation to America.

Act of Incorporation and Prospectus of the Raleigh and Eastern North Carolina Railroad Company (Classic Reprint)

Act of Incorporation and Prospectus of the Raleigh and Eastern North Carolina Railroad Company (Classic Reprint)
Author: Raleigh and Eastern Carolina Railroa Co
Publisher: Forgotten Books
Total Pages: 24
Release: 2017-10-17
Genre: Reference
ISBN: 9780265421697

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Excerpt from Act of Incorporation and Prospectus of the Raleigh and Eastern North Carolina Railroad Company Sec. 4. That after the organization of said company-the president and board of directors may. Again from time to time open books of subscription to the capital stock of said company at such times and places and under such rules and regulations as they may pre scribe. No stockholder shall be responsible for any amount greater than his unpaid subscription. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.