Cooper v. Thompson
District Court, S.D. New York
[Action by Joseph P. Cooper against the town of Thompson on coupons of municipal aid bonds issued by defendant. There was a verdict for plaintiff, and defendant moves for a new trial.]
1Opinion of the Court
WALLACE, District Judge.
Conceding for the purposes of this case, that the bonds to which the coupons in suit were originally attached were issued in contravention of the .statute (Act May 4, 1868; Laws N. Y. 1868, p. 1128) which authorized the town to lend i s aid to the railroad, the defence is untenable, by force of the act (Act April 28,1871; Laws N. Y. 1871, p. 1838) legalizing the acts of the commissioners in issuing and disposing of the bonds. That act validates the action of the commissioners in issuing the bonds, and in exchanging them for the stock of the railroad company, and…
2Cited by4 opinions
- Thompson v. PerrineSupreme Court of the United States · 1881
- Thompson v. PerrineSupreme Court of the United States · 1883
- Whiting v. WellingtonU.S. Circuit Court for the District of Massachusetts · 1882
- McClure v. Bowles, Court of Common Pleas of Ohio, Hamilton County1898