Legal Opinion

City of Columbus v. Woonsocket Institution of Savings

Court of Appeals for the Fifth Circuit

Decided February 25, 1902No. 1,055PublishedCited by 9 opinions

In Error to the Circuit Court of the United States for the Eastern District of Texas. This is a suit against the city of Columbus, a municipal corporation of the county of Colorado, state of Texas, to recover on municipal bonds issued by said corporation in the year 1883 for the purpose of erecting waterworks.

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In Error to the Circuit Court of the United States for the Eastern District of Texas. This is a suit against the city of Columbus, a municipal corporation of the county of Colorado, state of Texas, to recover on municipal bonds issued by said corporation in the year 1883 for the purpose of erecting waterworks. The issue was $25,000 in coupon bonds, of $500 each, bearing interest at 8 per cent, per annum, payable semiannually; one-half falling due in 15 years; the other half, in 25 years. Interest was paid on the whole issue up to December 8, 1893, after which the city neglected and refused to…

1Opinion of the CourtPardee, Circuit Judge

(after stating the facts as above). From the facts as found by the trial judge, it appears that the city of Columbus, a municipal corporation in Colorado county, state of Texas, was in the year 1883 a city of less than 10,000, and about 3,000, inhabitants, with taxable property within its limits of the assessed value of $600,000, upon which was levied a tax of one-fourth of 1 per cent., and for that year there was levied and collected as occupation taxes the sum of $1,350, and as poll taxes the sum of $150, and during the same year the revenues of the city, collected and received in the shape…

2Cases cited9 opinions

  1. McPherson v. Foster Bros.Supreme Court of Iowa · 1876
  2. Citizens Bank v. City of TerrellTexas Supreme Court · 1890
  3. Daviess County v. DickinsonSupreme Court of the United States · 1886
  4. City of Terrell v. DessaintTexas Supreme Court · 1888
  5. Nolan County v. StateTexas Supreme Court · 1891

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3Cited by9 opinions

  1. Commercial Trust Co. of Hagerstown v. Laurens CountsDistrict Court, S.D. Georgia · 1920
  2. Schmitz v. ZehSupreme Court of Minnesota · 1904
  3. Kirby v. City of MonroeMichigan Supreme Court · 1921
  4. Shelby County v. Provident Sav. Bank & Trust Co.Court of Appeals for the Fifth Circuit · 1932
  5. Corbet v. Town of RocksburySupreme Court of Minnesota · 1905

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