Town of Coloma v. Eaves
Supreme Court of the United States
Error to the Circuit Court of the United States for tbe Northern District of Illinois. Assumpsit brought by the plaintiff below to recover the amount due on the coupons attached to certain bonds, purporting to have been issued by the town of Coloma, through its proper officers, to the Chicago and Rock River Railroad Company, in payment of a subscription of $50,000 by the town to said company.
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Error to the Circuit Court of the United States for tbe Northern District of Illinois. Assumpsit brought by the plaintiff below to recover the amount due on the coupons attached to certain bonds, purporting to have been issued by the town of Coloma, through its proper officers, to the Chicago and Rock River Railroad Company, in payment of a subscription of $50,000 by the town to said company. The form of the bond is as follows: — “ United States of America. [$1,000. “ County of Whiteside, "State of Illinois, Town of Coloma:— “ Know all men by these presents, That the township of Coloma, in…
1Opinion of the CourtJustice Strong
It appears, by the record that the plaintiff is a bona fide holder and owner of the coupons upon which the suit is founded, having obtained them before they were due, and for a valuable consideration paid. The bonds to which the coupons were attached were given in payment of a subscription of $50,000 to the capital stock of the Chicago and Rock River Railroad Company, for which the town received in return certificates of five hundred shares, of $100 each, in the stock of the company. That stock the town retains, but it resists the' payment of the bonds, and of the coupons attached to them,…
2Cases cited6 opinions
- Merchants' Bank v. State BankSupreme Court of the United States · 1871
- Mercer County v. HacketSupreme Court of the United States · 1864
- St. Joseph Township v. RogersSupreme Court of the United States · 1873
- Moran v. the Commissioners of Miami CountySupreme Court of the United States · 1863
- BISSELL v. City of JeffersonvilleSupreme Court of the United States · 1861
1 more not listed; retrieve them via the Exa API.
3Cited by136 opinions
- Commissioners of Marion County v. ClarkSupreme Court of the United States · 1877
- Driscoll v. Burlington-Bristol Bridge Co.Supreme Court of New Jersey · 1952
- Dixon County v. FieldSupreme Court of the United States · 1884
- Town of South Ottawa v. PerkinsSupreme Court of the United States · 1877
- Chemical Bank v. Washington Public Power Supply SystemWashington Supreme Court · 1984
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