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Reagan v. Farmers' Loan & Trust Co.
Citations: 154 U.S. 420; 14 S. Ct. 1062; 38 L. Ed. 1031; 1894 U.S. LEXIS 2239Docket: 1170
Court: Supreme Court of the United States; May 25, 1894; Federal Supreme Court; Federal Appellate Court
The Supreme Court case Reagan v. Farmers' Loan and Trust Company involves an appeal from the Circuit Court for the Western District of Texas. The court, led by Justice Brewer, determined that the case's outcome is consistent with the preceding four cases, with minor factual differences that do not impact the substantive issues at hand. The Gulf, Colorado and Santa Fé Railroad Company, incorporated in Texas, constructed part of its railroad line through the Indian Territory under Congressional authority. Variations in earnings data were noted, but they ultimately support the same conclusions regarding the reasonableness of the rates in question. The court decided to issue a decree similar to those made in the earlier cases.