Hancock v. Louisville & Nashville R. Co. - 145 U.S. 409 (1892)
U.S. Supreme Court
Hancock v. Louisville & Nashville R. Co., 145 U.S. 409 (1892)
Hancock v. Louisville and Nashville Railroad Company
Nos. 325, 326
Argued April 21-22, 1892
Decided May 16, 1892
145 U.S. 409
The Act of the Legislature of Kentucky of January 22, 1858, authorizing any railroad company to lease its road to another railroad company provided its road so leased should be so connected as to form a continuous line permits the lessee company to take leases of branches by means of which it establishes continuous lines from their several termini to each of its own.
Under the legislation of the State of Kentucky, the right to receive and vote upon the shares of stock in the Shelby Railroad Company which were issued upon the subscription of a part of Shelby County became vested in the Shelby Railroad District of Shelby County as a corporation quoad hoc.
The case is stated in the opinion.