Ottawa v. National Bank
Supreme Court of the United States
Error to the Circuit Court of the United States for the Northern District of Illinois. The facts are stated in the .opinion of the court.
1Opinion of the CourtJustice Haelan
The bonds in suit constitute a portion of the issue of $60,000 referred to in Hackett v. Ottawa, 99 U. S. 86. Like those held by Hackett, they were purchased before maturity, and without notice of any circumstances or facts impeaching their validity.
As in that case, so here, the bonds recite that they are issued in virtue of the power conferred by the charter of the city, upon its council, — the majority of voters, attending at an election for that purpose, assenting, — to borrow money on its credit and to issue bonds, pledging its revenue for the payment thereof; and also, in pursuance of…
2Cases cited9 opinions
- Cox and Dick v. United StatesSupreme Court of the United States · 1832
- Bell v. BruenSupreme Court of the United States · 1843
- Wall v. County of MonroeSupreme Court of the United States · 1881
- Hackett v. OttawaSupreme Court of the United States · 1879
- Johnson v. County of StarkIllinois Supreme Court · 1860
4 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Cole v. La GrangeSupreme Court of the United States · 1885
- Ottawa v. CareySupreme Court of the United States · 1883
- Presidio County v. Noel-Young Bond & Stock Co.Supreme Court of the United States · 1909
- City of Huron v. Second Ward Sav. BankCourt of Appeals for the Eighth Circuit · 1898
- Barnett v. DenisonSupreme Court of the United States · 1892
16 more not listed; retrieve them via the Exa API.