Mitchell v. Stephens
District Court, S.D. California
In Equity. Suit by S. H. Mitchell against William D. Stephens and others. On motions by defendants to dismiss bill.
1Opinion of the Court
BLEDSOE, District Judge.
In 1919, the state of California by constitutional amendment issued $40,000,000 in bonds for the construction of state highways. Article 16, § 2, Cal. Const.; Stats. 1921, p. lxi. It was appropriately provided in said amendment that said bonds should bear interest at the rate of 4% per cent, per annum and that when sold no hid should be accepted “less than the par value of *757the bond plus the interest which has accrued thereon between the date of sale and the last preceding interest maturity date.” Early in 1920, pursuant to an effort to complete the highway system of…
2Cases cited6 opinions
- Porter v. SabinSupreme Court of the United States · 1893
- Davenport v. DowsSupreme Court of the United States · 1874
- Land, Log & Lumber Co. v. McIntyreWisconsin Supreme Court · 1898
- Ellis v. StephensCalifornia Supreme Court · 1921
- Schneider v. YellottCourt of Appeals of Maryland · 1914
1 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Ahlgren v. CarrCalifornia Court of Appeal · 1962
- Powers v. United States Fidelity & Guaranty Co.Supreme Court of Alabama · 1938
- Craig v. Southern Natural Gas Co.Court of Appeals for the Fifth Circuit · 1942