Veatch v. City of Moscow
Idaho Supreme Court
APPEAL from the District Court of tbe Second Judicial District, for Latah County. Hon. Edgar C. Steele, Judge. Action to enjoin the city of Moscow from issuing refunding bonds. Judgment for defendant. The supreme court of the United States in Township of Doon v. Cummins, 142 U. S. 366, 12 Sup. Ct. 222, 35 L. ed. 1044, held that the issuance of refunding bonds creates a new indebtedness.
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APPEAL from the District Court of tbe Second Judicial District, for Latah County. Hon. Edgar C. Steele, Judge. Action to enjoin the city of Moscow from issuing refunding bonds. Judgment for defendant. The supreme court of the United States in Township of Doon v. Cummins, 142 U. S. 366, 12 Sup. Ct. 222, 35 L. ed. 1044, held that the issuance of refunding bonds creates a new indebtedness. This court has adopted the law laid down by the supreme court of the United States in the case above mentioned, and cited the same quite at length in the case of Bannock County v. Bunting, 4 Ida. 156, 37 Pac.…
1Opinion of the CourtSullivan, C. J.
This action was brought against the city of Moscow, a municipal corporation, to restrain and enjoin the officers of said city from issuing refunding bonds for the purpose of refunding an indebtedness represented by sixteen one thousand dollar coupon bonds, said bonds having matured on or about November 1, 1909. After the maturity of said bonds, .the city having no funds on hand with which to pay the same, the city council passed an ordinance on February 7, 1910, providing for the issuance of the refunding bonds involved in this action. Thereafter notices were given as required by law, and…
2Cases cited14 opinions
- Doon Township v. CumminsSupreme Court of the United States · 1892
- City of Los Angeles v. TeedCalifornia Supreme Court · 1896
- Butler v. City of LewistonIdaho Supreme Court · 1905
- Hotchkiss v. MarionMontana Supreme Court · 1892
- Bannock County v. BuntingIdaho Supreme Court · 1894
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3Cited by28 opinions
- Beaumont v. FaubusSupreme Court of Arkansas · 1965
- Allison v. City of PhoenixArizona Supreme Court · 1934
- Lloyd Corporation v. Bannock CountyIdaho Supreme Court · 1933
- Hickey v. City of NampaIdaho Supreme Court · 1912
- Village of Heyburn v. Security Savings & Trust Co.Idaho Supreme Court · 1935
23 more not listed; retrieve them via the Exa API.