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Essay heading: Charles River Bridge Case
 
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Issue: American History
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Date added: July 11, 2000
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No of pages / words: 3 / 761
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Constitution by interfering with the state's separate obligations under its charter with the Charles River Bridge proprietors. They maintained that as successors to the original ferry service charter held by Harvard College, the Charles River Bridge proprietors had an implied exclusive right to tolls charged for crossing the Charles River...
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Moreover, they said that judicial policy should protect investments; without security in investments, entrepreneurs would not be willing to take risks in technological developments such as bridges and railroads. And this reluctance to take risks would only prove detrimental to the public. In anticipation of the opening of the Warren Bridge on Christmas Day, 1828, the stockholders of the Charles River Bridge reckoned anew the anticipated loss in tolls...
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