[Download] "North Carolina on Relation of Wiley H. Taylor. v. Carolina Racing Association Inc." by Court of Appeals of New York # eBook PDF Kindle ePub Free
eBook details
- Title: North Carolina on Relation of Wiley H. Taylor. v. Carolina Racing Association Inc.
- Author : Court of Appeals of New York
- Release Date : January 10, 1954
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 79 KB
Description
This Court has held: First, a purported contract imposes no binding obligations if its validity is dependent upon the provisions of an unconstitutional statute; and second, the provision of Art. I, Sec. 10, of the Federal Constitution, protecting the obligations of contracts against state action, is directed only against impairment by legislation and not by judgments of courts. Summrell v. Racing Asso., 240 N.C. 614, 83 S.E.2d 501; Racing Asso. v. Cahoon, et al., 214 F.2d 830, and cases cited.