Legal Opinion

First National Bank v. Keith

Appellate Court of Illinois

Decided September 5, 1899Published

Assumpsit, on a check. Trial in the Circuit Court of Perry County; the Hon. Martin W. Schaefer, Judge, presiding. Finding and judgment for plaintiff; appeal by defendant Heard in this court at the February term, 1899.

1Opinion of the CourtJustice Bigelow

It is contended by appellant that when the city fixed and declared by ordinance the beginning and termination of its fiscal year, its power over the subject was forever thereafter exhausted.

The section of the law under which a city or village is given the power to establish its fiscal year is as follows:

“ The fiscal year of each city or village organized under this act, shall commence at the date established by law for the annual election of municipal officers therein, or at such other times as may be fixed by ordinance.” Hurd’s R. S. of 1897, Chap. 24, Article VII, Sec. 1.

It will be seen…

2Cases cited4 opinions

  1. Union National Bank v. Oceana County BankIllinois Supreme Court · 1875
  2. Swarth v. People ex rel. PaxtonIllinois Supreme Court · 1884
  3. Merchants National Bank v. RitzingerAppellate Court of Illinois · 1886
  4. Public Grain & Stock Exchange v. KuneAppellate Court of Illinois · 1886

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