Northwestern Savings Bank v. Town of Centreville Station, Ill.
Court of Appeals for the Seventh Circuit
In Error to the Circuit Court of the United States for the Southern District of Illinois. The Northwestern Savings Bank, plaintiff in error, sued the town of Centreville Station, in assumpsit, for recovery upon a series of bonds 'issued by that municipality and held by the bank as bona fide owner for value.
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In Error to the Circuit Court of the United States for the Southern District of Illinois. The Northwestern Savings Bank, plaintiff in error, sued the town of Centreville Station, in assumpsit, for recovery upon a series of bonds 'issued by that municipality and held by the bank as bona fide owner for value. Upon trial of the issues before the court, on waiver of a jury, a general finding was entered in favor of the defendant town, and this writ of error is prosecuted from the ensuing judgment against the bank. The issue of bonds in controversy aggregated $35,500, all held by plaintiff in…
1Opinion of the CourtSeaman, Circuit Judge
(after stating the facts). The bonds in suit are executed on behalf of the town of Centreville Station, by the supervisor and town clerk, to borrow money for improvements, under the purported authority of an act of the Illinois Legislature, approved June 23, 1883, which appears as section 20, in 3 Starr & C. Anri. St. 1896, c. 121, p. 3559, pai. 20. This act is entitled as one “in regard to roads and bridges in counties under township organization,” and authorizes the issue of bonds “by the supervisor and town clerk, acting under the direction of the commissioners, when the commissioners…
2Cases cited8 opinions
- Burgess v. SeligmanSupreme Court of the United States · 1883
- Board of Comm'rs of Knox Cty. v. AspinwallSupreme Court of the United States · 1859
- Folsom v. Ninety SixSupreme Court of the United States · 1895
- Stanly County v. ColerSupreme Court of the United States · 1903
- Lincoln v. Iron Co.Supreme Court of the United States · 1881
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