John Hancock Mut. Life Ins. v. City of Huron

CARLAND, District Judge.

This action was commenced by the plaintiff, a Massachusetts corporation, against the defendant, a municipal corporation of this state, to recover from the defendant the amount of money claimed to be due to plaintiff on 240 coupons, of $15 each, detached from 20 bonds, of $500 each, issued by defendant on the 26th day of September, 1890. The bonds issued were all of the following form:

“The United States of America, State of South Dakota.

“$500.00.

“Bond of the City of Huron, Beadle County, State of South Dakota.

“The city of Huron, twenty years after date, for value…