Legal Opinion

Schaaf v. South Dakota Rural Credits Board

South Dakota Supreme Court

Decided October 27, 1917No. File No. 4262PublishedCited by 10 opinions

Original application in Supreme Court, by 'Leslie L. Schaaf, against the South Dakota Rural Credit Board, and Peter Nor-beck, C. M. Henry, A. W. Ewert, J. E. Ziebach, and Alfred Zoske, members of and composing said board, for a writ of prohibition prohibiting' defendants from borrowing $200,000 upon the good faith and credit of the state of South Dakota, to he' used in administrating the rural credit laws.

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Original application in Supreme Court, by 'Leslie L. Schaaf, against the South Dakota Rural Credit Board, and Peter Nor-beck, C. M. Henry, A. W. Ewert, J. E. Ziebach, and Alfred Zoske, members of and composing said board, for a writ of prohibition prohibiting' defendants from borrowing $200,000 upon the good faith and credit of the state of South Dakota, to he' used in administrating the rural credit laws. (1) To point one of the opinion, Plaintiff cited; State v. Scougal, 3 S. D. 55, is L. R. A. 477, 44 Am. St. Rep. 756; State v. Doran, 28 S. D. 486; C., M. & St. P. Ry. Co. v. Westby, 178…

1Opinion of the CourtMcCOY, J.

[1] By application for a writ of prohibition plaintiff has assailed the constitutionality of chapters 333 and 334, Laws of 1917. These legislative acts by their terms purport to provide for the establishment and maintenance of a system of rural credits for the loaning, of money by the state upon farm lands within this state; authorizing the state to borrow money on its warrants and bonds, secured by the good faith and credit of the state; creating a rural credit board for the management of said rural' credit system, and defining the powers and duties thereof; making an appropriation of…

2Cases cited2 opinions

  1. Barbier v. ConnollySupreme Court of the United States · 1884
  2. Hill v. RaeMontana Supreme Court · 1916

3Cited by10 opinions

  1. Valley Nat. Bank of Phoenix v. GloverArizona Supreme Court · 1945
  2. Boe v. FossSouth Dakota Supreme Court · 1956
  3. State v. ThompsonNew Mexico Supreme Court · 1953
  4. State v. Board of Com'rs.South Dakota Supreme Court · 1928
  5. State ex rel. Payne v. AndersonSouth Dakota Supreme Court · 1921

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