Wilson v. Town of Monticello

The first paragraph of the appellee’s .complaint alleges, that in the month of May, 1878, it had outstanding, in the hands of bona fide holders, bonds to the amount of $21,000, which had been executed for the purpose of raising money to erect a school-house; that, for the purpose of substituting for these bonds others bearing a lower rate of interest, the appellee appointed Joseph C. Wilson an agent to negotiate and sell bonds issued by its board of trustees, and placed in his hands bonds to the amount of $21,000; that afterwards, in September of the same year, the board of trustees directed…