Million v. Soule

Citations

• 15 Wash. 261
• 46 P. 234
• 1896 Wash. LEXIS 171

Syllabus

<p>MUNICIPAL CORPORATION — POWER TO DISCOUNT ITS WARRANTS.</p> <p>A municipal corporation cannot enter into a contract to discount its own warrants, and, in pursuance thereof, deliver in payment of the purchase price of land, warrants whose face value is in a larger sum than the purchase price agreed upon.</p>