Town of Solon v. Williamsburgh Savings Bank
New York Supreme Court
Appeal from a judgment in favor of tlie plaintiff, entered upon the trial of this action by the court without a jury. July 2, 1870, certain tax-payers of the town of Solon filed with the county judge of Cortland county a petition, under chapter 907, Laws 1869 (the General Bonding Act), the first paragraph of which reads as follows : “ To the honorable the county judge of Cortland cotmty: “ The undersigned, representing a majority of the tax-payers of the town of Solon, in…
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Appeal from a judgment in favor of tlie plaintiff, entered upon the trial of this action by the court without a jury. July 2, 1870, certain tax-payers of the town of Solon filed with the county judge of Cortland county a petition, under chapter 907, Laws 1869 (the General Bonding Act), the first paragraph of which reads as follows : “ To the honorable the county judge of Cortland cotmty: “ The undersigned, representing a majority of the tax-payers of the town of Solon, in said county of Cortland, whose names appear upon the last preceding tax list or assessment-roll of said town (being the…
1Opinion of the Court
Folleto,- J.:
' The respondent urges in support of the judgment all of the grounds above stated except the sixth, which was not argued and is not referred to in its brief.
The provisions of the general bonding act, so far as it relates to the power to bond, and the mode in which the power is to be executed, are divisible into two classes. The first class prescribes the conditions or facts which must exist before a town ca,n borrow money for investment in the stock or bonds of a railroad coloration, and the procedure by which those conditions or facts are to be ascertained and authenticated. The…
2Cases cited23 opinions
- Whitney Arms Co. v. . BarlowNew York Court of Appeals · 1875
- McCool v. SmithSupreme Court of the United States · 1862
- United States v. LinnSupreme Court of the United States · 1841
- San Antonio v. MehaffySupreme Court of the United States · 1878
- Mygatt v. . WashburnNew York Court of Appeals · 1857
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