Village of Kent v. Dana
Court of Appeals for the Sixth Circuit
In Error to the Circuit Court of the United States for the Northern District of Ohio. This action was brought by Edward Dana, who was the plaintiff in the court below, and who is the defendant in error here, to recover upon 75 interest coupons of $30 each, maturing, part of them, September 1, 1896, part March .1, 1897, and the remainder September 1, 1897. These coupons were originally attached to certain refunding bonds, being part of an issue of such bonds issued by the…
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In Error to the Circuit Court of the United States for the Northern District of Ohio. This action was brought by Edward Dana, who was the plaintiff in the court below, and who is the defendant in error here, to recover upon 75 interest coupons of $30 each, maturing, part of them, September 1, 1896, part March .1, 1897, and the remainder September 1, 1897. These coupons were originally attached to certain refunding bonds, being part of an issue of such bonds issued by the village of Kent, the defendant below, which is a municipal corporation in Portage county, Ohio. The bonds bear date March…
1Opinion of the CourtSevererts, District Judge
The questions which were argued, and with which we have to deal in this case, are:
1. Whether it is competent for a municipal corporation, having the power to issue bonds for the refunding of its indebtedness, and having exercised that power by passing an ordinance directed to that purpose, and issued in due form its negotiable bonds, reciting that they are issued in conformity with the statute, and that all the requirements of the law have been duly complied with, and that all the conditions precedent exist, to deny its obligation as against a bona fide holder thereof for value, who has taken…
2Cases cited9 opinions
- Evansville v. DennettSupreme Court of the United States · 1896
- Hays v. . HathornNew York Court of Appeals · 1878
- Cottle v. ColeSupreme Court of Iowa · 1866
- City of Cadillac v. Woonsocket Inst. for SavingsCourt of Appeals for the Sixth Circuit · 1893
- Eaton v. . AlgerNew York Court of Appeals · 1872
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3Cited by20 opinions
- Greene v. McAuleySupreme Court of Kansas · 1905
- Thompson v. Village of MecostaMichigan Supreme Court · 1901
- Board of Education of Town of Carmen, Okl. v. JamesCourt of Appeals for the Tenth Circuit · 1931
- City of Defiance v. SchmidtCourt of Appeals for the Sixth Circuit · 1903
- Village of Kent v. United States ex rel. DanaCourt of Appeals for the Sixth Circuit · 1902
15 more not listed; retrieve them via the Exa API.