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Southern Iowa Electric Co. v. Chariton, 255 U.S. 539 (1921)
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General SummaryThis case is from a collection containing the full text of over 16,000 Supreme Court cases from 1793 to the present. The body of Supreme Court decisions are, effectively, the final interpretation of the Constitution. Only an amendment to the Constitution can permanently overturn an interpretation and this has happened only four times in American history.
Southern Iowa Electric Co. v. Chariton, 255 U.S. 539 (1921)
Southern Iowa Electric Company v. City of Chariton Nos. 180 , 189 , 190 Argued January 26, 28, 1921 Decided April 11, 1921 255 U.S. 539
APPEALS FROM THE DISTRICT COURT OF THE UNITED STATES
FOR THE SOUTHERN DISTRICT OF IOWA
Syllabus
I. In the absence of a contract obligation, the grantee of a franchise to supply the public with electricity or gas cannot constitutionally be required by the state or its agencies to observe rates which in effect are confiscatory of its property. P. 541.
2. The acceptance from a municipality of a franchise to supply the public with gas or electricity for a term of years at specified maximum rates does not bind the grantee with a contractual obligation to charge no more if the rates become in effect confiscatory where the law of the state (Iowa Code of 1897, § 720, 725) reposes in the municipality the continuing power to regulate such rates and, that the public may be protected from improvident bargains, forbids any abridgment of the power by ordinance, resolution, or contract. P. 542.
256 F. 929 reversed.
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Chicago: U.S. Supreme Court, "Syllabus," Southern Iowa Electric Co. v. Chariton, 255 U.S. 539 (1921) in 255 U.S. 539 255 U.S. 540. Original Sources, accessed November 22, 2024, http://originalsources.com/Document.aspx?DocID=RU8LL52M41X2994.
MLA: U.S. Supreme Court. "Syllabus." Southern Iowa Electric Co. v. Chariton, 255 U.S. 539 (1921), in 255 U.S. 539, page 255 U.S. 540. Original Sources. 22 Nov. 2024. http://originalsources.com/Document.aspx?DocID=RU8LL52M41X2994.
Harvard: U.S. Supreme Court, 'Syllabus' in Southern Iowa Electric Co. v. Chariton, 255 U.S. 539 (1921). cited in 1921, 255 U.S. 539, pp.255 U.S. 540. Original Sources, retrieved 22 November 2024, from http://originalsources.com/Document.aspx?DocID=RU8LL52M41X2994.
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