Power to Charter Corporations

In addition to the creation of banks, Congress has been held to have authority to charter a railroad corporation,1874 or a corporation to construct an interstate bridge,1875 as instrumentalities for promoting commerce among the states, and to create corporations to manufacture aircraft1876 or merchant vessels1877 as incidental to the war power.

Footnotes

1874
Pacific R.R. Removal Cases, 115 U.S. 1 (1885); California v. Pacific R.R., 127 U.S. 1, 39 (1888). back
1875
Luxton v. North River Bridge Co., 153 U.S. 525 (1894). back
1876
Clallam County v. United States, 263 U.S. 341 (1923). back
1877
Sloan Shipyards v. United States Fleet Corp., 258 U.S. 549 (1922). back