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The Chancellor’s Function

City of Columbus v. Mercantile Trust & Deposit Co. of Baltimore, 218 U.S. 645, 663 (1910): “In the case of Atty. Gen. v. Birmingham, the vice chancellor said: ‘I am not sitting here as a committee of public safety, armed with arbitrary power to prevent what it is said will be a great injury not to Birmingham only, but to the whole of England; that is not my function.'”

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