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REES v. CITY OF WATERTOWN

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86 U.S. 107 (1874)

19 Wall. 107

22 L.Ed. 72

REES, v. CITY OF WATERTOWN.

Supreme Court of United States.

March 2, 1874.

Attorney(s) appearing for the Case

Messrs. H.W. and D.W. Tenney (with whom was Mr. S.U. Pinney), for the creditor appellant:

Mr. D. Hall (with whom was Messrs. M.H. Carpenter and H.L. Palmer), contra.

Mr. Justice HUNT delivered the opinion of the court.

This case is free from the objections usually made to a recovery upon municipal bonds. It is beyond doubt that the bonds were issued by the authority of an act of the legislature of the State of Wisconsin, and in the manner prescribed by the statute. It is not denied that the railroad, in aid of the construction of which they were issued, has been built, and was put in operation.

Upon a class of the defences...

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