Gamble v. Rural Independent School Dist.
U.S. Circuit Court for the District of Northern Iowa
In Equity. Suit on school bonds. On final hearing. This suit was commenced December 20, 1901, to recover the amount due upon certain negotiable school bonds and coupons attached issued by the Independent school district of Riverside, in Lyon county, a school corporation duly organized under the laws of Iowa. Finding of Facts.
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In Equity. Suit on school bonds. On final hearing. This suit was commenced December 20, 1901, to recover the amount due upon certain negotiable school bonds and coupons attached issued by the Independent school district of Riverside, in Lyon county, a school corporation duly organized under the laws of Iowa. Finding of Facts. From the evidence adduced and the stipulation of the parties the facts are found to be as follows: (1) That the complainant herein at and prior to the time of the commencement of this suit was, and still is, a resident and citizen of the state of South Dakota. That the…
1Opinion of the Court
REED, District Judge (after stating the facts as above).
The bonds sued upon are No. 17, for $500, issued by the Independent school district of Riverside, Eyon county, Iowa, October 11, 1873, and Nos. 43 and 46, issued by said district February 15, 1882. Bond No. 17, and all coupons thereon, were fully barred by the statute of limitations prior to the commencement of this suit. As there can be no recovery thereon for that reason, this bond need not be further considered.
Bonds Nos. 43 and 46 are a part of the issue of bonds of February 15, 1882. The defense thereto is that said bonds were…
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