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MEYER v. THE CITY OF MUSCATINE

68 U.S. 384 (1863)

1 Wall. 384

MEYER v. THE CITY OF MUSCATINE.

Supreme Court of United States.

Attorney(s) appearing for the Case

The case was submitted on briefs of Mr. Cook for the bondholders, and of Mr. Richman and Butler for the city of Muscatine.

Mr. Justice SWAYNE delivered the opinion of the court:

The demurrer brings under examination the objections taken by the defendant to the validity of the coupons upon which this suit is founded.

These objections will be considered as we proceed.

I. "That there is no authority in the charter of the city of Muscatine under which money may be borrowed to aid in the construction of railroads."

The charter gives the city authority "to borrow money...

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