Armstrong v. Town of Grafton
West Virginia Supreme Court
Geeen, Judge, furnishes the following statement of the case : The mayor and council of the town of Grafton on the 28th clay of April, 1874, ordered its finance-committee to advertise fo/bids for the bonds of the towu of Grafton, which it proposed to issue for a loan payable in not less than twelve nor more than twenty-two years at nine pier cent, per annum interest.
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Geeen, Judge, furnishes the following statement of the case : The mayor and council of the town of Grafton on the 28th clay of April, 1874, ordered its finance-committee to advertise fo/bids for the bonds of the towu of Grafton, which it proposed to issue for a loan payable in not less than twelve nor more than twenty-two years at nine pier cent, per annum interest. Mrs. Elizabeth Texter, who afterwards by her marriage became Elizabeth Kalbe, bid for fifteen thousand dollars of this proposed loan. ' The bid was accepted; and by order of the council of Grafton the bonds of the town of Grafton…
1Opinion of the Court
Green, Judge •.
The decree appealed from shows, that the circuit court decided this cause on the bill and answer. ' The case, which is made by the bill and answer, and which is the only case the court below has acted on, is whether if the bonds issued to Elizabeth Texter now Elizabeth ICalbe for the loan made by her to the town of Grafton in 1874, were issued without a previous compliance with the statute-law authorizing such bonds to be issued, would they become valid by the formal ratification of the voters of the town in 1881 in the manner prescribed by law of an ordinance authorizing the…
2Cases cited1 opinion
- Chapman v. Pittsburgh & Steubenville RailroadWest Virginia Supreme Court · 1881
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- Alderson v. CommissionersWest Virginia Supreme Court · 1889
- Kesler v. LaphamWest Virginia Supreme Court · 1899
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