Fetzer v. Johnson

LEWIS, Circuit Judge.

In 1912 appellant, William Fetzer, a citizen and resident of Illinois, purchased and still owns nine negotiable coupon bonds of $1,000.00 each, payable to bearer, issued of date August 14, 1911, by Mineo Drainage District No. 2, Grady county, Oklahoma. Each bond recites that it is one of a series of bonds issued for the purpose of paying the cost of a system of drainage known as Mineo Drainage District No. 2 of said county, and in anticipation of the collection of the installments of a special assessment duly levied upon lands within said district and benefited by said…