MR. CHIEF JUSTICE WAITE delivered the opinion of the court.
The questions in this case are, —
1. Whether, because the city of Memphis neglected to pay the debts it owed the appellant when they fell due, it must make good to him the losses he sustained on that account through exactions of extraordinary interest and discounts on sales of securities to raise money to meet his own obligations; and,
2. Whether, upon the facts as shown, a decree should...
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