MR. CHIEF JUSTICE FULLER, after stating the case, delivered the opinion of the court.
Plaintiff in error was a corporation duly organized under the laws of Arkansas and engaged in operating a railroad in that State.
The state constitution provided: "Corporations may be formed under general laws; which laws may, from time to time, be altered or repealed. The general assembly shall have the power to alter, revoke or annul any charter of incorporation now existing...
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