County of Clay v. Society for Savings
Supreme Court of the United States
' Error to the Circuit Court of the United States for the -Southern District of Illinois. On Nov. 6, 1849, the legislature of Illinois passed' an “Act authorizing counties and cities in the State of Illinois to subscribe to the' capital stock or- make loans to railway companies,” which contained the following provisions: — ■ “ Sect. 1. Whenever the citizens of any city or county in this State are desirous that said city or county should subscribe for stock in any railroad…
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' Error to the Circuit Court of the United States for the -Southern District of Illinois. On Nov. 6, 1849, the legislature of Illinois passed' an “Act authorizing counties and cities in the State of Illinois to subscribe to the' capital stock or- make loans to railway companies,” which contained the following provisions: — ■ “ Sect. 1. Whenever the citizens of any city or county in this State are desirous that said city or county should subscribe for stock in any railroad company, already organized or incorporated, or hereafter to be organized or incorporated, under any law of this State,…
1Opinion of the CourtJustice Woods
Two classes of bonds are sued on, namely, the subscription' bonds and the donation bonds. The defences set up against each class will be separately considered!
The findings of the court and the sections of the act of 1849, recited in the preceding statement of facts, furnish ample ground for the judgment in favor of the defendant in error upon the subscription bonds held by it.
The plaintiff in error, however, insists that there is no evi-. dence or finding that the thirty days’ notice of the election, required by the statute had been given, or that a majority of, the legal voters, taking as a…
2Cases cited5 opinions
- Town of Coloma v. EavesSupreme Court of the United States · 1876
- McCool v. SmithSupreme Court of the United States · 1862
- Supervisors v. SchenckSupreme Court of the United States · 1867
- Lincoln v. Iron Co.Supreme Court of the United States · 1881
- Town of Concord v. Portsmouth Savings BankSupreme Court of the United States · 1876
3Cited by25 opinions
- Washington County v. WilliamsCourt of Appeals for the Eighth Circuit · 1901
- County of Jefferson v. B. C. Lewis & SonsSupreme Court of Florida · 1884
- Fifer v. WilliamsCourt of Appeals for the Ninth Circuit · 1925
- Dudley v. Board of Com'rs of Lake CountyCourt of Appeals for the Eighth Circuit · 1897
- Farmers' Loan & Trust Co. v. Toledo, A. A. & N. M. Ry. Co.U.S. Circuit Court for the District of Northern Ohio · 1895
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