Nevada Bank v. Steinmitz
California Supreme Court
Petition for a writ of mandate to compel the respondent, treasurer of Santa Cruz County, to pay the coupons of certain railroad bonds issued by the county. The facts are stated in the opinion of the court.
1DissentMyrick, J.
Under the Act of April 4, 1870, (Stats. 1869—70, p. 746), a vote was had authorizing the granting of aid, and a contract had been made between the board of supervisors of Santa Cruz and the Santa Cruz and Watsonville Bailroad Company, by which aid to the amount of one hundred thousand dollars was granted to that company to assist in the construction of a railroad from the town of Watsonville to the town of Santa Cruz. Bor some reason the work did not progress. On the 25th of September, 1872, the board of supervisors made an order for an election to be held upon the proposition of granting aid…
2Cases cited1 opinion
- Selma and Meridian Railroad Company v. Louisiana National Bank of New OrleansSupreme Court of the United States · 1876