[DOWNLOAD] "Railroad Company v. Howard" by United States Supreme Court # Book PDF Kindle ePub Free
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