Legal Opinion

St. Louis Union Trust Co. v. Franklin-American Trust Co.

Court of Appeals for the Eighth Circuit

Decided August 24, 1931No. 9116PublishedCited by 7 opinions

1Opinion of the Court

STONE, Circuit Judge.

The Cypress Creek drainage district issued four series of bonds. The first was issued under authority of two special aets of the Legislature of Arkansas, passed in 1911. The second issue was under a special act passed in 1915, and the last two issues were under two special aets passed in 1919 and 1921. The district came into default on all of these issues. Proceedings were begun by the trustees of the first and second issues to enforce the payment of the bonds and the issues in the ease finally developed info a contest of rights of priority between the first issue, the…

2Cases cited33 opinions

  1. Illinois Central Railroad v. DecaturSupreme Court of the United States · 1893
  2. Louisiana v. PilsburySupreme Court of the United States · 1882
  3. Mobile v. WatsonSupreme Court of the United States · 1886
  4. Kelly's Heirs v. McGuireSupreme Court of Arkansas · 1855
  5. Seibert v. LewisSupreme Court of the United States · 1887

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3Cited by7 opinions

  1. State School Building Finance Committee v. BettsCalifornia Court of Appeal · 1963
  2. Pape v. St. Lucie Inlet District & Port AuthorityCourt of Appeals for the Fifth Circuit · 1935
  3. Rowekamp v. Mercantile-Commerce Bank & Trust Co.Court of Appeals for the Eighth Circuit · 1934
  4. In re Drainage Dist. No. 7District Court, E.D. Arkansas · 1938
  5. In Re Imperial Irr. Dist.District Court, S.D. California · 1935

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