Hackett v. Ottawa
Supreme Court of the United States
Error to tbe Circuit Court of the United States for the Northern District of Illinois. This action is upon certain bonds issued by the city of Ottawa, 111., in the year 1869, and of which the testator of plaintiffs in error became the holder and owner, for value, before maturity.
Read the full summary
Error to tbe Circuit Court of the United States for the Northern District of Illinois. This action is upon certain bonds issued by the city of Ottawa, 111., in the year 1869, and of which the testator of plaintiffs in error became the holder and owner, for value, before maturity. They are' in the usual form of municipal bonds, and, besides pledging the faith of the city irrevocably for their payment, contain these recitals : — This is one of one hundred and twenty bonds of like amount and even-date herewith, numbered one to one hundred and twenty respectively, issued by the city of Ottawa, by…
1Opinion of the CourtJustice Harlan
The bonds in suit upon their face .import: 1st, That the faith of the city is irrevocably pledged for their payment. 2d, That they were issued in pursuance of the power which the council possessed to borrow money on the credit of the city and issue bonds therefor, and also in accordance with certain ordinances which provided for a loan for municipal purposes. The recitals of the bonds, in themselves, furnish no ground whatever to suppose that the council transcended its authority, or issued them for other than such purposes. They justify the opposite conclusion.
The city, however, claims that…
2Cases cited2 opinions
- Supervisors v. SchenckSupreme Court of the United States · 1867
- Taylor v. ThompsonIllinois Supreme Court · 1866
3Cited by50 opinions
- Waite v. Santa CruzSupreme Court of the United States · 1902
- Cole v. La GrangeSupreme Court of the United States · 1885
- Vogt Ex Rel. Vogt v. Borough of BelmarSupreme Court of New Jersey · 1954
- Ottawa v. CareySupreme Court of the United States · 1883
- Presidio County v. Noel-Young Bond & Stock Co.Supreme Court of the United States · 1909
45 more not listed; retrieve them via the Exa API.