Bucksport & Bangor Railroad v. Inhabitants of Brewer
Supreme Judicial Court of Maine
On eepoet. Case to recover $20,000, subscription to the capital stock of the plaintiff company, alleging a completion of the road and a demand and refusal to pay the subscription, which was in accordance with the following vote of the inhabitants of Brewer at a meeting held December 5,1871: “That the selectmen be and are hereby authorized and instructed to subscribe twenty thousand dollars to the capital stock of the'Peno bscot and Union River Railroad Company, on the…
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On eepoet. Case to recover $20,000, subscription to the capital stock of the plaintiff company, alleging a completion of the road and a demand and refusal to pay the subscription, which was in accordance with the following vote of the inhabitants of Brewer at a meeting held December 5,1871: “That the selectmen be and are hereby authorized and instructed to subscribe twenty thousand dollars to the capital stock of the'Peno bscot and Union River Railroad Company, on the following conditions, viz: The road, when built, shall connect with the European and North American Railroad, and shall be…
1Opinion of the CourtVirgin, J.
Any city or town, by a two-thirds vote, may raise and appropriate a sum of money not exceeding five per cent, on *298its valuation, “to aid in the construction of railroads in such manner as it deems proper; and for such purpose may make contracts with any person or railroad corporation.” ft. S., c. 51, § 80.
The plaintiffs contend that the subscription contract declared on was made by the defendants in accordance with the authority conferred by the foregoing statute.
Passing all questions of consideration, acceptance, or whether the subscription contains a promise to pay money, or whether the…
2Cases cited5 opinions
- Dermott v. JonesSupreme Court of the United States · 1865
- Brown v. FosterMassachusetts Supreme Judicial Court · 1873
- Mead v. BallardSupreme Court of the United States · 1869
- Schwoerer v. Boylston Market Ass'nMassachusetts Supreme Judicial Court · 1868
- Burlington & Missouri River Railroad v. BoestlerSupreme Court of Iowa · 1864
3Cited by11 opinions
- Sax v. Detroit, Grand Haven & Milwaukee Railway Co.Michigan Supreme Court · 1900
- Southard v. Arkansas Valley & W. Ry. Co.Supreme Court of Oklahoma · 1909
- Loyal Erectors, Inc. v. Hamilton & Son, Inc.Supreme Judicial Court of Maine · 1973
- Cavanagh v. Iowa Beer Co.Supreme Court of Iowa · 1907
- Bryan v. St. Andrews Bay Community Hotel Corp.Supreme Court of Florida · 1930
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