The Law of Municipal Bonds

Cover The Law of Municipal Bonds
The Law of Municipal Bonds
Dillon, John Forrest, 1831-1914
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Term, 1S75 3 Cent. Law Jour. 367, referred to at large infra sec. 19. Construction of Kansas legislation, Thayer v. Montgomery Co. , 3 Dillon, C. C. R. 389, and note.
1 8 THE LAW OF MUNICIPAL BONDS.
it should thus appear that they were issued for some purpose authorized by statute.^3 "3 Thayer V. Montgomery Co. , 3 Dillon, C. C. R. 389, and note; Ken- nard v. Cass County, lb. 147 ; Nashville v. Ray, 19 Wall. 468.
Mode of declaring on bonds and coupons. Kennard v. Cass County, 3 Dillon, C. C. R.
... 147, and cases cited in note on p. 150; Thayer v. Mont- gomery County, supra.
Mode of pleading defences. The plea of the generalissue in assump- sit in states where that mode of pleading is yet allowed, puts in issue the question of the authority of the officers to issue the bonds and the bona fides of the plaintiff, but presumptively the plaintiff is a holder for value before maturity, without notice ; the contrary must be shown by the de- fendant. Chambers County v. Clews, 21 Wall. 317, 1874; Pendleton County V.


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