Wisconsin & Michigan Ry. Co. v. Powers, 191 U.S. 379 (1903)
U.S. Supreme CourtWisconsin & Michigan Ry. Co. v. Powers, 191 U.S. 379 (1903)
Wisconsin and Michigan Railway Company v. Powers
Submitted November 13, 1903
Decided November 30, 1903
191 U.S. 379
A provision in a general tax law that railroads thereafter building and operating a road north of a certain parallel shall be exempted from the tax for ten years unless the gross earnings shall exceed a certain sum is not addressed as a covenant to such railroads, and does not constitute a contract with them, the obligations of which cannot be impaired consistently with the Constitution of the United States.
The facts are stated in the opinion of the court.