Vicksburg, Shreveport & Texas Railroad v. Parish of Ouachita

The plaintiffs set forth in their petition, filed April 11th,. 1856, that the parish of Ouachita, through its Police Jury, passed an ordinance for the subscription, by said parish, of sis thousand shares, or one hundred and fifty thousand dollars, to the capital stock of the Vicksburg, Shreveport and Texas Railroad Company, payable in ten annual instalments, from March *6501854 to March 1863, inclusive, of $15,000 each ; that all the forms of law have been fulfilled to make the said subscription perfect, and to constitute it a valid and binding contract on the part of the parish, which the…