(Download) "Railroad Company v. Howard" by United States Supreme Court # Book PDF Kindle ePub Free

August 04, 2021

eBook details

Title: Railroad Company v. Howard
Author : United States Supreme Court
Release Date : January 01, 1868
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 71 KB

Description

Messrs. Emmot, Cook, and Drury, for the appellants: 1. We submit as a preliminary point that the guaranty made by the Mississippi and Missouri Railroad Company, of the Devenport city bonds, was beyond the power of the corporation, and void. A railroad corporation can no more guaranty the payment of a bond issued by a town or a county, than it can the payment of a similar obligation made by an individual, to enable either to raise money to pay their subscriptions to its stock.1