Township of Pine Grove v. Talcott
Citations
- 86 U.S. 666
- 22 L. Ed. 227
- 19 Wall. 666
- 1873 U.S. LEXIS 1480
Syllabus
<p>• 1. There is nothing in the constitution of Michigan (established A.D. 1850, and which ordains among other things that—</p> <p>“No person shall be deprived of property without due process of law. The. credit of the State shall not be granted in aid of any person, association, or corporation. The State Bhall not .be a party to or interested in any work of internal improvement”)</p> <p>which makes void the act of the legislature of that State passed March 22d, 1869, and by which it was enacted—</p> <p>“ That it shall be lawful for any township or city to pledge its aid to any railroad company now chartered, organized, or that may hereafter be organized under or by virtue of tbe laws of the State of Michigan, in the construction of its road, by loan or donation, with or without conditions, for such snm or sums, not exceeding 10 per centum of the assessed valuation then last made of the rea! and persona! property in such township or oily, as a majority of the electors of such township or city voting shall, at a meeting or meetings to be called for that purpose, determine.”</p> <p>2. The decisions of the highest court of the State to the contrary will not be respected by this court when such decisions are not satisfactory to the minds of the judges here, and when the matter in question is bonds issued in negotiable form by a township of that State, and now in the hands of a citizen of another State or a foreigner, bond fide and for value paid.</p> <p>8. Questions relating to bonds issued in a negotiable form, under such an act, involve questions relating to commercial securities; and whether under the constitution of the State such securities are valid or void, belongs to the domain of general jurisprudence.</p> <p>4. County of Otoe v. Railroad Company (16 Wallace, 667) and Alcott v. The Supervisors (Id. 678) affirmed.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “Though the [railroad] corporation was private, its work was public, as much so as if it were to be constructed by the State.”
- “Though the [railroad] corporation was private, its work was public, as much so as if it were to be constructed by the State.”
- “Though the [railroad] corporation was private, its work was public, as much so as if it were to be constructed by the State.”
- “Though the [railroad] corporation was private, its work was public, as much so as if it were to be constructed by the State.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Swayne, Miller, Davis
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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