Limitation of Common Carrier's Liability; Laws Governing the Settlement of Claims Against Common Carriers for Loss, Damage, Injury, And Delay to Property Transported in Interstate And Foreign Commerce. Reproduction of Chapter 20 of Loose-Leaf Traffic Law

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161.
7. Louisville & N. Rd. Co. v. Scott, 133 Ky. 724, 729, 118 S. W. 990, affirmed, Louisville & N. Rd. Co. V. Scott (1911), 219 U. S. 209, 31 Sup. Ct. Rep. 171, 55 L. Ed. 183.
8. New York Mercantile Exchange v. Baltimore & 0. Rd. Co. (1915), 36 I. C. C. Rep.
156, 160.
2020-B. Administrative power of the Interstate Commerce Commis- sion OVER STIPTJLATIONS IN CARRIERS' BILLS OF LADING AFFECTING LIABILITY.
In the proceeding entitled "In the Matter of Bills of Lading,"^ the Interstate Commerce Co
...mmission stated: "The Commission is merely the instrument of the law. Its func- tions are administrative and quasi-judicial. Its authority to prescribe and impose upon carriers the terms and conditions which they shall write into their bills of lading is limited (1) by the common law; that is, the Commission in no event could impose upon the carriers the as- sumption of any greater liability than the common law imposes upon them; and, (2) by the statutory law, since the Commission's power and authority springs from and is limited by the organic act.

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