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Leiper Legal System

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The original locomotive was built in England in 1803, and very soon American industrialists ensured that the mode of transportation was built in the United Sates. “On February 28, 1827, the Baltimore & Ohio Railroad became the first United States railway chartered for commercial transport of passengers and freight” (The New Nation (1790-1828)). The Baltimore & Ohio Railroad, “America’s pioneering railroad” (Wolmar, Christian) was only 13 miles long and opened in 1830 causing a lot of exhilaration in American inhabitants. The Leiper Railroad was a three quarters of a mile horse drawn railway that opened in 1810. Thomas Leiper, the quarry owner, did not acquire an agreement with legal rights-of-way to instead create his anticipated canal laterally …show more content…
The incapable legal systems had to adapt rapidly with the railroads in order to meet their requirements. Anyone in search of starting a business and construct a corporation had to acquire a grant, which sited certain requirements on the new-fangled company. On the occasion of the railroads, these connected to such affairs as charges, the kind of the services, the site of the track, and even the speeds of the trains. The state, also, had powers over any company to which they approved a grant, including the notion that they could eventually rescind the grant and manage the company directly, it was only afterward, as the railroad companies expanded and became increasingly more influential, that this right was confronted and eventually dismissed. On the other hand, the railroads were approved well-known territory in numerous court cases, especially in New York, which recognized the value subsequently. The courts acknowledged the early railroads as a key industrial revolution, assuring vast economic advantages in opening new territories and permitting the speedy transportation of commodities, persons, post, and, of course, military personal in time of war. One critical New York case, in 1837, encapsulates the ambiance of the age and discloses the arguments set forth for the …show more content…
Allegedly, the railroads were believed to be private businesses, as suited the American philosophy. But, in reality, the impression that they were a completely private organization is one of the great falsehoods of railroad history, the railroads couldn’t be subsidized by entirely private resources. The finances and realities of railroad progress made that unfeasable, and the actuality was very dissimilar. The yearning to make the railroads a privately-owned operation, given the previously recognized American doubt of government engrossment, was always an unproductive hope. “The railroads were such a large and complex enterprise and so capital-hungry that, almost invariable, they were forced to seek various types of support and, in many cases, funding from either local or the federal government” (Wolmar,

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