Stone v. City of Chicago
Illinois Supreme Court
Appeal from the Circuit Court of Cook county; the Hon. L. Honoke, Judge, presiding. This was a bill in chahcery filed by the appellant, a resident and tax-payer of the city of Chicago, in the circuit court of Cook county, against the city of Chicago, its mayor, Carter H. Harrison, and Lawrence E. McCann, its comptroller, to enjoin the issue and sale of $4,000,000 twenty-year three and one-half per cent bonds of the city about to be issued and sold, the proceeds arising from…
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Appeal from the Circuit Court of Cook county; the Hon. L. Honoke, Judge, presiding. This was a bill in chahcery filed by the appellant, a resident and tax-payer of the city of Chicago, in the circuit court of Cook county, against the city of Chicago, its mayor, Carter H. Harrison, and Lawrence E. McCann, its comptroller, to enjoin the issue and sale of $4,000,000 twenty-year three and one-half per cent bonds of the city about to be issued and sold, the proceeds arising from the sale of which were to be used in paying an equal amount of judgments before that time rendered by the Federal courts…
1Opinion of the CourtChief Justice Hand
It is first contended that as cities are given power to borrow money with which to pay judgments recovered against such municipalities by the last paragraph of section 3 of article 7 of the City and Village act, that method of raising funds with which to pay the judgment indebtedness of a city is exclusive. By section 1 of said article 7 it is provided that the fiscal year of cities shall commence at the date established by law for the annual election of municipal officers therein, or at such other time as may be fixed by ordinance. By section 2, that city councils shall, within the first…
2Cases cited11 opinions
- City of Springfield v. EdwardsIllinois Supreme Court · 1877
- City of Joliet v. AlexanderIllinois Supreme Court · 1902
- Taylor v. ThompsonIllinois Supreme Court · 1866
- Rice v. City of MilwaukeeWisconsin Supreme Court · 1898
- Kelly v. City of MinneapolisSupreme Court of Minnesota · 1895
6 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- City of Stamford v. Town of StamfordSupreme Court of Connecticut · 1928
- State ex rel. Smith v. Mayor of AldermanSupreme Court of Missouri · 1907
- O'Rear v. SartainSupreme Court of Alabama · 1915
- Crocher v. AbelIllinois Supreme Court · 1932
- People Ex Rel. Lindheimer v. HamiltonIllinois Supreme Court · 1940
18 more not listed; retrieve them via the Exa API.