Carleton D. Beh Co. v. City of Des Moines

In 1924 and 1927 the defendant city assessed against each of numerous tracts of real estate, in a stated amount, a portion of the costs of certain street improve ments, and issued a certificate of each such assessment. Bach certificate in terms transferred the interests of the city in, and authorized the bearer or assigns to collect and receive, the assessment. Of two of these certificates plaintiff became holder, one issued in 1924, the other in 1927. They bore respectively the serial numbers 1292 and 1265, and their original principal amounts aggregated $9,138.77. In May 1931 plaintiff was…