Thomson v. Lee County
Supreme Court of the United States
The constitution of Iowa, made in 1846, and which invested the General Assembly with all the legislative power of the State, ordained thus: “ The General Assembly shall not in any manner create any debt or debts, liability or liabilities, which shall singly or in the aggregate, with any previous debts or liabilities, exceed the sum of one hundred thousand dollars, except in the case of war, &c., unless the same shall be authorized by some law for some single object or work…
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The constitution of Iowa, made in 1846, and which invested the General Assembly with all the legislative power of the State, ordained thus: “ The General Assembly shall not in any manner create any debt or debts, liability or liabilities, which shall singly or in the aggregate, with any previous debts or liabilities, exceed the sum of one hundred thousand dollars, except in the case of war, &c., unless the same shall be authorized by some law for some single object or work to be distinctly specified therein, &e. No such law shall take effect until at a general election it shall have been…
1Opinion of the CourtJustice Davis
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There is hardly any question, connected with the species of securities on which this suit was brought, that has not been discussed and decided by this court; and it is unnecessary to do more in this opinion than reaffirm the general doctrines of the court on the subject, so far as they apply to the case in hand, without attempting to restate the reasons which were given for our decisions.
A county, or other municipal corporation, has no inherent right of legislation, and cannot subscribe for stock in a public improvement, unless authorized to do so by the legislature. Such a corporation acts…
2Cases cited1 opinion
- McMillen v. County Judge of Lee CountySupreme Court of Iowa · 1858
3Cited by71 opinions
- Grenada County Supervisors v. BrogdenSupreme Court of the United States · 1884
- Hammond v. ClarkSupreme Court of Georgia · 1911
- Danforth v. Groton Water Co.Massachusetts Supreme Judicial Court · 1901
- Commonwealth v. BrownMassachusetts Supreme Judicial Court · 1876
- Anderson v. Santa AnnaSupreme Court of the United States · 1886
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