Court : US Supreme Court
Decided on : Jan-01-1840
Runyan v. Lessee of Coster - 39 U.S. 122 (1840) U.S. Supreme Court Runyan v. Lessee of Coster, 39 U.S. 14 Pet. 122 122 (1840) Runyan v. Lessee of Coster 39 U.S. (14 Pet.) 122 ERROR TO THE CIRCUIT COURT OF THE UNITED STATES FOR THE EASTERN DISTRICT OF PENNSYLVANIA Syllabus The Legislature of the State of New York, on 18 April, 1823, incorporated "The New York & Schuylkill Coal Company." The act of incorporation was granted for the purpose of supplying the City of New York and its vicinity with coal, and the company having, at great expense, secured by purchase valuable and extensive coal lands in Pennsylvania, the Legislature of New York, to promote the supply of coal as fuel, granted the incorporation with the usual powers of a body corporate, giving to it the powers to purchase and hold lands to promote and attain the objects of the incorporation. The recitals in the act of incorporation show that this power was granted with special reference to the purchase of lands in the S...
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