Humboldt Township v. Long

delivered tbe opinion of tbe court.

Tbe first question certified from tbe court below, is, whether tbe bonds to which tbe coupons in suit were attached are negotiable bonds, such as to entitle tbe plaintiff to tbe rights of a Iona fide bolder of negotiable paper taken in tbe ordinary course of business before maturity.

They are certificates of indebtedness to tbe railroad company, or bearer, each for §1,000, lawful money of tbe United States, payable on a day certain, with interest at the rate of seven per cent, payable annually on tbe first days of January in each year, at a specified…