US SUPREME COURT DECISIONS
PEARCE V. MADISON & INDIANAPOLIS RAILROAD COMPANY, 62 U. S. 441 (1858)
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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 chanrobles.com-red
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.
