Davis v. State

Citations

• 121 Cal. 210
• 53 P. 555
• 1898 Cal. LEXIS 876

Syllabus

<p>Indian Wab Bonds—Interest on Coupons—Liability op State.—The state is not liable to pay interest on its debts, unless its consent to do ■ so has been manifested by an act of the legislature, or some lawful contract of its executive officers; and interest cannot be recovered against the state on interest coupons attached to Indian war bonds, issued under the act of February 15, 1851. No right to recover interest on such coupons was created by the act of February 28, 1893, allowing the state to be sued.</p>