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SAGE v. LOUISIANA BOARD OF LIQUIDATION

No. 21.

144 U.S. 647 (1892)

12 S.Ct. 755

36 L.Ed. 577

SAGE, v. LOUISIANA BOARD OF LIQUIDATION.

Supreme Court of United States.

Decided April 18, 1892.

Attorney(s) appearing for the Case

Mr. B.J. Sage, in person, and Mr. Charles W. Hornor, for plaintiff in error.

Mr. Walter H. Rogers, Attorney General of the State of Louisiana, submitted on his brief.

MR. JUSTICE FIELD delivered the opinion of the court.

This was a suit against the board of liquidation of the State of Louisiana to compel it to fund certain bonds of the State held by the plaintiff, of August 1, 1864, and to exchange them for its consolidated bonds as provided in the act of the legislature known as No. 3, of 1874, at the rate of sixty per cent of their valuation. The petition of the plaintiff was filed in April, 1881, in the Civil District Court...

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