Wade v. Town of La Moille

Citations

• 112 Ill. 79
• 1 N.E. 336

Syllabus

<p>1. Constitution—-when article prohibiting municipal aid to railway companies took effect. The separate article of the constitution of 1870 which forbids a municipal corporation from making a subscription or donation to a railroad or private corporation, having been submitted, with other separate articles, to a vote of the people, and adopted with the main body of the constitution, became a part of the organic law of the State from and after July 2, 1870, and a constituent part of the same eo inslanti.</p> <p>2. ' Municipal bonds—constitutional prohibition. Municipal bonds of a town were voted on August 6,1870, and issued in aid of a railroad corporation: Held, in a suit on the same, that all previous laws that had authorized municipal corporations to vote aid to railroad or other private corporations, by donation or subscription, had ceased and become inoperative before the vote was taken, and that the bonds so issued were void, even in the hands of innocent holders for value, and no recovery could be had.</p>