MR. CHIEF JUSTICE WAITE delivered the opinion of the court.
This was a suit brought to recover the amount of certain coupons cut from bonds issued by the city of Shreveport, Louisiana, which appear on their face to have been issued "in aid of the Texas & Pacific Railroad Company." In point of fact, the bonds were used to buy lands to be donated to the railroad company as a site for depots and machine shops.
We have had occasion, at this term, in the case...
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