Rees v. City of Watertown
Supreme Court of the United States
Rees, a citizen of Illinois, being owner of certain bonds issued under authority of an act of the legislature of the State of Wisconsin, by the city of Watertown, in that State, to the Watertown and Madison Railroad Company, and by the company sold for its benefit, brought suit in the Circuit Court of the United States for the District of Wisconsin, against the city, and, in 1867, recovered two judgments for about $10,000. In the summer of 1868 he issued executions upon the…
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Rees, a citizen of Illinois, being owner of certain bonds issued under authority of an act of the legislature of the State of Wisconsin, by the city of Watertown, in that State, to the Watertown and Madison Railroad Company, and by the company sold for its benefit, brought suit in the Circuit Court of the United States for the District of Wisconsin, against the city, and, in 1867, recovered two judgments for about $10,000. In the summer of 1868 he issued executions upon the two judgments thus obtained, which were returned wholly unsatisfied. In November of the same year he procured from the…
1Opinion of the CourtJustice Hunt
This case is free from the objections usually made to a recovery upon municipal bonds. It is beyond doubt that the bonds were issued by the authority of an act of the legislature of the State- of Wisconsin, and in the manner prescribed by the statute. It is not denied that the railroad, in aid of the construction of which they were issued, has been built, and was put in operation.
Upon a class of the defences interposed in the answer and in the argument* it is. not necessary to spend much time. The theories upon which they proceed are vicious. They are based upon the idea that a refusal to pay…
2Cited by139 opinions
- Mitchell v. W. T. Grant Co.Supreme Court of the United States · 1974
- Immigration & Naturalization Service v. PangilinanSupreme Court of the United States · 1988
- Meriwether v. GarrettSupreme Court of the United States · 1880
- Coe v. Armour Fertilizer WorksSupreme Court of the United States · 1915
- Louisville & Nashville Railroad v. SchmidtSupreme Court of the United States · 1900
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