City of Lafayette v. Bank of Lafayette
Supreme Court of Louisiana
Appeal from Eighteenth Judicial District Court, Parish of Lafayette; William Campbell, Judge. Action by the City of Lafayette, La., against the Bank of Lafayette, La., and others. From judgment for defendants, plaintiff appeals.
1Opinion of the Court
Statement of the Case.
MONROE, C. J.
Plaintiff sues for specific performance (or, in the alternative, for damages for nonperformance) of a contract, whereby, as it is alleged, the two defendant banks agreed to buy, at par, $20,000 of its bonds. The contract is admitted, and it is not disputed that the constitutional and statutory requirements for the issuance of bonds, if the case be one in which debt may be incurred and bonds issued by a municipal corporation, have been observed, but the defense relied on, and which was sustained by the district court, is that this is not such a case; that the…
2Cases cited14 opinions
- Sharpless v. Mayor of PhiladelphiaSupreme Court of Pennsylvania · 1853
- Comm'rs of Leavenworth Co. v. MillerSupreme Court of Kansas · 1871
- Railroad Co. v. County of OtoeSupreme Court of the United States · 1873
- City of Aurora v. WestIndiana Supreme Court · 1857
- Police Jury ex rel. New Orleans, Opelousas & Great Western Railroad v. Succession of McDonoghSupreme Court of Louisiana · 1853
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3Cited by3 opinions
- Shaw v. Board of Com'rs of Bayou Terre-Aux-Bœufs Drainage Dist.Supreme Court of Louisiana · 1915
- F. B. Williams Cypress Co. v. MartinSupreme Court of Louisiana · 1919
- Lancaster v. Police JuryDistrict Court, W.D. Louisiana · 1917