Savannah & Ogeechee Canal Co. v. Shuman
This text of 17 S.E. 937 (Savannah & Ogeechee Canal Co. v. Shuman) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
In the present case, the corporation answered that it had no funds, nor any means of obtaining such; and also, that it would not be profitable to operate the canal if it were .put in navigable condition. Nor the purposes-of the decision below this answer was taken as true,, the question of its sufficiency being raised by demurrer..
So long as'the corporation retains its franchise, it will not be allowed to urge as an excuse for failing to perform any duty required of it by its charter, that the-same would be unprofitable. It cannot consistently keep the franchise and refuse to perform the duties incident thereto for the mere reason that such performance-would be unremunerative. If the rights, privileges and franchises granted by the charter are, in connection with the corresponding duties thereby imposed, no longer-desirable, the company should simply surrender the charter.
As to the validity of the other reason alleged for [403]*403failing to put the canal'in a navigable condition, viz: that the company is without funds, and without means-of obtaining funds, the question is by no means so clear. The writer was inclined to hold that, under section 3200' of the code (providing that mandamus will, not be-granted when it is manifest that the writ would, for any cause, be nugatory or fruitless), the answer of the company presented a good reason for refusing in this case to make the writ absolute.- After some reflection, however, I have yielded to the better judgment of my brethren, and concluded to agree with them in holding that the entire matter may be safely left to the discretion of the circuit judge. "While it is quite cértain that if the company has no funds now, nor any means of obtaining them, and remains permanently in this condition,' compliance with the judge’s final order will be impossible, so far as the corporation itself is concerned, there may be a change in the present condition of things, and the officers of the company may be able to find some way to raise money in order to obey the mandate of the court. At any rate, they should make a bona fide effort to do so. If, because of the want of means, they cannot comply with the writ, and if, after due diligence, they remain unable to procure the necessary means for this purpose', and make these things appear to the court in any proceeding for contempt which may be instituted against them, we apprehend the presiding judge would take great care to see that no injustice or hardship was imposed upon them, and certainly would not inflict punishment for a failure to do a thing impossible of accomplishment. This matter is not now directly before us, and we leave the question thus raised to be dealt with by the judge of the court below when it arises, if it ever does. Judgment affirmed.
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17 S.E. 937, 91 Ga. 400, Counsel Stack Legal Research, https://law.counselstack.com/opinion/savannah-ogeechee-canal-co-v-shuman-ga-1893.