Tombigbee Railroad Company v. Kneeland/Opinion of the Court
The only question arising on this record is, whether, by the laws of Alabama, a contract made in that State by the agents of a corporation created by the law of another State is valid. This point was fully considered and decided in the case of the Bank of Augusta v. Earle, 13 Pet. 519, and cannot now be considered as open for argument in this court. The principles decided in that case must govern this; and the judgment of the District Court is therefore reversed, with costs.