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TOWN OF COLOMA v. EAVES

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92 U.S. 484 (1876)

23 L.Ed. 579

TOWN OF COLOMA, v. EAVES.

Supreme Court of United States.

March 27, 1876.

Attorney(s) appearing for the Case

Mr. C.M. Osborn for plaintiff.

Mr. J. Grant, contra.

MR. JUSTICE STRONG delivered the opinion of the court.

It appears by the record that the plaintiff is a bona fide holder and owner of the coupons upon which the suit is founded, having obtained them before they were due, and for a valuable consideration paid. The bonds to which the coupons were attached were given in payment of a subscription of $50,000 to the capital stock of the Chicago and Rock River Railroad Company, for which the town received in return...

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