Pereles v. Watertown
District Court, W.D. Wisconsin
This was an action brought [by B. F. Pere-les] upon certain bonds of the city of Water-town bearing date on the 1st day of August, 1853, and due and payable on the 1st day of August, 1803, bearing interest at the rate of 8 per cent., payable semi-annually according to interest warrants or coupons attached. 1. The act does not impair contracts, because it fixed a reasonable time to sue; Ross v. Duval, 13 Pet. [38 U. S.] 45; Ruehl v. Voight, 28 Wis. 153; Wood v. Hustis, 17…
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This was an action brought [by B. F. Pere-les] upon certain bonds of the city of Water-town bearing date on the 1st day of August, 1853, and due and payable on the 1st day of August, 1803, bearing interest at the rate of 8 per cent., payable semi-annually according to interest warrants or coupons attached. 1. The act does not impair contracts, because it fixed a reasonable time to sue; Ross v. Duval, 13 Pet. [38 U. S.] 45; Ruehl v. Voight, 28 Wis. 153; Wood v. Hustis, 17 Wis. 410; Howell v. Howell, 15 Wis. 55; Call v. Hagger, 8 Mass. 423; Cooley, Const. Lim. 300 et seq. 2. Construction given…
1Opinion of the Court
HOPKINS, District Judge.
The bonds are executed under the corporate seal of the city and are not disputed. The only defense interposed is that of the statute of limitations. When they were issued and put into circulation, the period of limitation was twenty years, and so remained until the passage of the act entitled, “An act to limit the time for the commencement of actions against towns, counties, cities and villages, on demands made payable to bearer,” which was published and took effect April 3, 1872, and reads as follows, viz.: “Section 1. No action brought to recover any sum of money on…
2Cases cited12 opinions
- Price v. HopkinMichigan Supreme Court · 1865
- Parker v. KaneWisconsin Supreme Court · 1856
- Arimond v. Green Bay & Mississippi Canal Co.Wisconsin Supreme Court · 1872
- Call v. HaggerMassachusetts Supreme Judicial Court · 1812
- Von Baumbach v. BadeWisconsin Supreme Court · 1859
7 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Parmenter v. . StateNew York Court of Appeals · 1892
- Underwood v. GendellSupreme Court of Pennsylvania · 1910
- Arno v. Wayne Circuit JudgeMichigan Supreme Court · 1880
- Guillotel v. MayorNew York Court of Appeals · 1882