Pearce v. Madison & Indianapolis Railroad Company
62 U.S. 441 (1858)

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U.S. Supreme Court

Pearce v. Madison & Indianapolis Railroad Company, 62 U.S. 21 How. 441 441 (1858)

Pearce v. Madison & Indianapolis Railroad Company

62 U.S. (21 How.) 441

Syllabus

Where two separate corporations were created to make railroads, they had no right to unite and conduct their business under one management, nor had

Page 62 U. S. 442

they a right to establish a steamboat line to run in connection with the railroads.

Notes given for the purchase of the steamboat cannot be recovered upon.

The case is stated in the opinion of the Court.

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