Lee v. Robinson

Citations

• 196 U.S. 64
• 25 S. Ct. 180
• 49 L. Ed. 388
• 1904 U.S. LEXIS 682

Syllabus

<p>Article IX, § 10, of the constitution of South Carolina of 1868, forbidding, except as specially authorized in the constitution, the issue of scrip or other evidence of state indebtedness except for the redemption of .existing indebtedness of the State, forbade the issue of scrip under an act passed in 1872 to take up the State’s guaranty of railroad bonds under an act passed in 1868 subsequent to the ratification of the constitution, notwithstanding that acts had been passed in 1852 and 1854 authorizing such guaranty, it appearing that the guaranty had not actually been endorsed on the bonds prior to the ratification of the constitution and that the act of 1868 was not an adjustment of an old debt but the granting of new aid to the railroad and the authorizing of an original issue of bonds.</p>