Loan Assn. v. Topeka
Supreme Court of the United States
Error to the Circuit Court for the District of Kansas. The Citizens’ Savings an.d Loan Association o'f Cleveland brought their action in the court below, against the city of Topeka, on coupons for interest attached to' bonds of the city of Topeka.
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Error to the Circuit Court for the District of Kansas. The Citizens’ Savings an.d Loan Association o'f Cleveland brought their action in the court below, against the city of Topeka, on coupons for interest attached to' bonds of the city of Topeka. The bonds on'their face purported to be payable to the King Wrought-Irou Bridge Manufacturing and Iron-Works 'Company, of Topeka, to aid and encourage that company in establishing and operating bridge shops in said city of Topeka, under and in pursuance of section twenty-six of an act of.the. legislature of the State of Kansas, entitled “ An act to…
1Opinion of the Court
Mr. Justice MILLET!
delivered the opinion of the court.
Two grounds are taken in the opinion 6f the circuit judge •and in the argument of counsel for defendant, on which it is insisted that the section of the statute of February 29th, 1872, on which the main reliance is placed to issue the bonds, is unconstitutional.
The first of these is, that by section five of article twelve of the constitution of that State it is declared that provision shall be made by general law for the organization'of cities, towns, aud villages; and their power of taxation, assessment, borrowing money, contracting…
2Cases cited3 opinions
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3Cited by374 opinions
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- Keystone Bituminous Coal Assn. v. DeBenedictisSupreme Court of the United States · 1987
- Carmichael v. Southern Coal & Coke Co.Supreme Court of the United States · 1937
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