Allen v. Louisiana

Mr. Chtee Justice Waite. delivered- the opinion of the court.

Art. 10, sect. 14, of the Constitution of Missouri, adopted in 1865, is as follows: —-

“ The General Assembly shall not authorize any county, city, oi town to become a stockholder in, or to loan its credit' to, any company, association, or corporation,, unless two-thirds of the qualified voters of such county, city, or town, at a regular or special election to be held therein, shall assent thereto.”

The charter of the city of Louisiana, approved March 12, 1870,' contained the following sections as sects. 8 and 9 of art. 8, and sect.T4…