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LOUISIANA v. WOOD

102 U.S. 294 (____)

LOUISIANA v. WOOD.

Supreme Court of United States.

Attorney(s) appearing for the Case

Mr. David P. Dyer for the plaintiff in error.

Mr. John D.S. Dryden, contra.

MR. CHIEF JUSTICE WAITE, after stating the facts, delivered the opinion of the court.

That the bonds in question are invalid, is conceded. Such is the effect of Anthony v. County of Jasper (101 U.S. 693), decided at the last term. It is equally true that the legal effect of the transactions by which the plaintiff and his assignors got possession of the bonds was a borrowing by the city of the...

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