Ashuelot Nat. Bank v. School-District No. 7

On the 15th of October, 1874, the defendant school-district voted in favor of issuing bonds, to the amount of $2,000, for the purpose of building and furnishing a school-house for the use of the district. About two years thereafter a school-house was erected under contract with the district, and the bonds in suit were turned over to the contractor or his assignee in payment for the building so erected for the district. The bonds contained the name of, and purported to be issued by, the three officers of the district. The name of one of these (Ziba Ferguson) was forged to the bonds. The jury…