Us Supreme Court Court May 1870 Judgments
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New Buffalo Vs. Iron Co.
Court: US Supreme Court
Decided on: May-26-1870
New Buffalo v. Iron Co. - 105 U.S. 73 (1870) U.S. Supreme Court New Buffalo v. Iron Co., 105 U.S. 73 (1881) New Buffalo v. Iron Company 105 U.S. 73 ERROR TO THE CIRCUIT COURT OF THE UNITED STATES FOR THE WESTERN DISTRICT OF MICHIGAN Syllabus 1. Taylor v. Ypsilanti, supra, p. 105 U. S. 60 , cited and approved. 2. An assignee of municipal bonds issued to a railroad company succeeds to its rights by virtue of its contract with the municipality, although at the time of the assignment the statute under which they were issued was declared by the supreme court of the state to be repugnant to the constitution. 3. Bonds voted in aid of one company which, under the law then in force, was subsequently consolidated with another company may be delivered to the consolidated company. The judgment below was for the amount due on certain bonds, with interest coupons attached, issued by the Township of New Buffalo, in the County of Berrien and State of Michigan, plaintiff in error, under...
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