11th Amendent to US Constitution ratified

On February 7, 1795, the 11th Amendment to the United States Constitution took effect with ratification by North Carolina. Adopted in the aftermath of the US Supreme Court’s ruling in Chisholm v. Georgia, the amendment limited the jurisdiction of the federal courts to automatically hear cases brought against a state by the citizens of another state.

Learn more about the meaning and history of the 11th Amendment from the National Constitution Center.

THIS DAY @ LAW

Standard Oil incorporated

On January 10, 1870, John Davison Rockefeller incorporated Standard Oil. Rockefeller's corporation would grow to achieve a virtual monopoly over oil production in the United States. Standard Oil's dominance lasted until the corporation was split into 34 separate companies in 1911 after the Supreme Court found the company in violation of the Sherman Anti-Trust Act. The rise of Standard Oil made Rockefeller America's first billionaire and eventually the richest man in the world. Read the text of Standard Oil Co. of New Jersey vs. United States, 221 U.S. 1 (1910).