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" The bonds on their face, import a compliance with the law under which they were issued, and the purchaser was not bound to look further for evidence of a compliance with the condition of the grant of the power. "
Cases Argued and Adjudged in the Supreme Court of the United States - Page 368
by United States. Supreme Court - 1873
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United States Reports: Cases Adjudged in the Supreme Court, Volume 71

United States. Supreme Court - Courts - 1867 - 732 pages
...imported a compliance with the law under which they were issued, the purchaser and holder for value was not bound to look further for evidence of a compliance with the conditions in the grant of power. Precisely the same rule was applied to cities in the case Syllabus....
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The American Law Register, Volume 7

Law - 1868 - 894 pages
...1. That as the bonds imported on their face a compliance with the law under which they were issued, the purchaser was not bound to look further for evidence of a compliance with the conditions to the grant of the power. " The purchaser of the bonds had a right to assume that the vote...
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A General Digest of the Law of Corporations: Presenting the American ...

Benjamin Vaughan Abbott, Austin Abbott - Corporation law - 1869 - 1028 pages
...notified, the vote of the people duly sanction it, are valid in the hands of Ъопа fide holders, if the bonds on their face import a compliance with the law under which they were issued. The officers issuing them i are to determine the regularity of the notice j of election ; and the purchaser...
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The Law of Municipal Corporations, Volume 1

John Forrest Dillon - Corporation law - 1873 - 546 pages
...of the subscription by the board to the stock of the railroad company, and the issuing of the bonds. The bonds, on their face, import a compliance with the law under which they were issued. 4This bond,1 we quote, %is issued in part payment of a subscription of $200,000, by the said Knox county,...
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The American Reports: Containing All Decisions of General Interest ..., Volume 8

Isaac Grant Thompson - Law reports, digests, etc - 1873 - 802 pages
...Barrett v. County Court of Sihuyler County, 44 Mo. 197. The language used in the cases that, where the bonds on their face import a compliance with the law under which they were issued, the purchaser is not bound to look further, must be taken and used with respect to the facts in those...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 8

Law - 1874 - 440 pages
...judges whether or not a majority of the votes of the county had been cast in favor of the subscription. The bonds on their face, import a compliance with...the grant of the power. In Woods v. Lawrence County, 1 Black R. 386, it was held that where the statute requires the grand jury to fix the amount of a subscription...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 8

Law - 1874 - 450 pages
...judges whether or not a majority of the votes of the county had been cast in favor of the subscription. The bonds on their face, import a compliance with...grant of the power. " In Woods v. Lawrence County, 1 Black R. 386, it was held that where the statute requires the grand jury to fix the amount of a subscription...
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American municipal bonds as investments, ed. by J.H. Rudall & sons, Volume 96

J.H. Rudald (and sons) - 1874 - 212 pages
...the subscription, by the Board, to the stock of the railroad company, and the issuing of the bonds. The bonds on their face import a compliance with the law under which they were issued. " This bond," we quote, " is issued in part payment of a subscription of two hundred thousand dollars,...
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Reports of Decisions in the Supreme Court of the United States, Volume 3

United States. Supreme Court, Samuel Freeman Miller - Law reports, digests, etc - 1875 - 756 pages
...the subscription, by the board, to the Block of the railroad company, and the issuing of the bonds. The bonds on their face import a compliance with the law under which they were issued. "This bond," we quote, " is issued in Commissioners of Knox County v. Aspinwall. part payment of a...
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Southern Law Review and Chart of the Southern Law and Collection Union, Volume 1

Law - 1872 - 940 pages
...Gauge Act. But the Court said : " We have decided in Commissioners Knox Co. vs. Aspinwall, that when bonds, on their face, import a compliance with the law under which they were issued, the purchaser is not bound to look farther." In Gelpecke vs. Dubuque, 1 Wai., 175, Judge Swayne said:...
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