...is a fact, and cannot cease to be a fact." " When, then, a law is in its nature a contract — when absolute rights have vested under that contract — a repeal of the law cannot devest those rights ; and the Act annulling them, if legitimate, is rendered so by a power applicable...

...well settled in this court, that j a legislative act may be a contract, and that whenever it is so, and absolute rights have vested under that contract, a repeal of the law cannot devest these rights; and that, if the act of annulling them is legitimate, it is rendered so...

...they originally vested is a fact, and cannot cease to be a fact. When, then, a law is in the nature of a contract, and absolute rights have vested under that contract, a repeal of the law cannot divest those rights." It would seem to be quite obvious that the power in the existing Legislature,...

...is a fact, and cannot cease to be a fact When, then, a law which is in its nature a contract, when absolute rights have vested under that contract, a repeal of the law cannot divest those rights ; * * * "It may well be doubted whether the nature of society and of government...

...statutes, which had conveyed land, was invalid. "When, then, a law is in its nature a contract, when absolute rights have vested under that contract, a repeal of the law cannot devest these rights." M As indicated above, the appeal to the higher law was originally a very...

...authorizing the land grant to that of a contract. "When, then, a law is in the nature of a contract, when absolute rights have vested under that contract, a repeal of the law cannot devest those rights." Two important points are stressed here: 1) The Georgia law, as a contract,...

...cannot repeal it. Fletcher v. Peck, supra, 136 ("When, then, a law is in iU nature a contract, when absolute rights have vested under that contract, a repeal of the law cannot diveit those rights.") The contracts clause itielf inhibit! only the actions of the States....

...vested is a fact, and cannot cease to be a fact. When, then, a law is in its nature a contract, when absolute rights have vested under that contract, a repeal of the law cannot devest (sic) those rights. The powers of one legislature to repeal or amend the acts of the...

...Fletcher v. Peek. 19 0.8. (6 Cranch) 87, 135 (1810) (-When, then, a law is in its nature a contract, when absolute rights have vested under that contract, a repeal of the law cannot devest (sir ;e rights.")-11' This, too, the Memorandum recogniies but qo< . ...to utilize a...

...Marshall reached the nub of the matter. A law conveying property "is in its nature a contract," and "when absolute rights have vested under that contract, a repeal of the law cannot devest those rights." "[I]f the property of an individual, fairly and honestly acquired, may...