Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 2, 2025
Maryland, which was decided at the same term with the Dartmouth College case and that of Sturges vs. Crowinshield the greatest six weeks in the history of the Court. The question immediately involved was whether the State of Maryland had the right to tax the notes issued by the branch which the Bank of the United States had recently established at Baltimore.
That the antijudicial movement was extending to other States was indeed apparent. The decision in Sturges vs. Crowinshield * left for several years the impression that the States could not pass bankruptcy laws even for future contracts and consequently afforded a widespread grievance. Ohio had defied the ruling in M'Culloch vs.
The treasurers of the company have been Kirk Boott, Francis C. Lowell, Eben Chadwick, Francis B. Crowinshield, Arthur T. Lyman, Augustus Lowell, and Charles H. Dalton. The property of the company occupies twenty-four acres of land. They have five mills besides the print-works, 153,552 spindles, 4,465 looms, and employ 3,300 operatives. They use up 18,000 tons of coal.
The treasurers were James Bell, from 1845 until his decease, in May, 1857; Francis B. Crowinshield, to October, 1861; J. Thomas Stevenson, to June, 1864; Homer Bartlett, to June, 1872; Charles S. Storrow, to June, 1878; James A. Dupee, to June, 1882. Directors, 1883: Charles Storrow, president; James A. Dupee, Augustus Lowell, Howard Stockton, George Atkinson.
The decision of the majority, speaking through Justice Washington, laid down the principle that the obligation of a private executory contract cannot be said to be "impaired" in a constitutional sense by the adverse effect of legislative acts antedating the making of the contract; and thus the dangerous ambiguity of Sturges vs. Crowinshield was finally resolved in favor of the States.
The presidents were Abbott Lawrence, from August, 1846, to July, 1850; Henry Hall, to June, 1856; Francis B. Crowinshield, to August, 1857; John Amory Lowell, to June, 1864; J. Thomas Stevenson, to June, 1877; Richard S. Fay, until his decease, March 7, 1882.
Word Of The Day
Others Looking