McLendon v. . Commissioners

The case as settled by the counsel in the Court below is substantially this:

The County of Anson, as authorized by the act of 1857, to alter and amend the charter of the Wilmington, Charlotte Rutherford Railroad Company, issued certain coupon bonds, each dated 1st January, 1859, redeemable on the 1st January, 1881, and bearing interest at the rate of seven per cent. The plaintiff in this action became the holder of a number of said bonds, and some time in the spring of 1865, by exposure to the weather, his bonds and coupons (having been buried to secure them against loss at the hands of…