Dartmouth College V. Woodward
Trustees of Dartmouth College v. Woodward, 17 U.S. (4 Wheat.) 518 (1819), was a landmark decision from the United States Supreme Court dealing with the application of the Contract Clause of the United States Constitution to private corporations. The case arose when the president of Dartmouth College was deposed by its trustees, leading to the New Hampshire legislature attempting to force the college to become a public institution and thereby place the ability to appoint trustees in the hands of the governor. The Supreme Court upheld the sanctity of the original charter of the college, which pre-dated the creation of the State. The decision settled the nature of public versus private charters and resulted in the rise of the American business corporation and the free American enterprise system.
Read more about Dartmouth College V. Woodward: Facts, Judgment
Famous quotes containing the word college:
“If any proof were needed of the progress of the cause for which I have worked, it is here tonight. The presence on the stage of these college women, and in the audience of all those college girls who will some day be the nation’s greatest strength, will tell their own story to the world.”
—Susan B. Anthony (1820–1906)