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INSURANCE CO. v. BRUCE

105 U.S. 328 (____)

INSURANCE COMPANY v. BRUCE.

Supreme Court of United States.

Attorney(s) appearing for the Case

The case was argued by Mr. Henry Hazlehurst for the plaintiff in error, and by Mr. Philip Phillips for the defendant in error.

MR. JUSTICE HARLAN delivered the opinion of the court.

This action involves the liability of the town of Bruce, in the State of Illinois, upon sundry interest coupons, attached to bonds, in the ordinary form of negotiable municipal bonds. On the first day of December, 1870, they were delivered by the constituted authorities of the town to the Plymouth, Kankakee, and Pacific Railroad Company in payment of a subscription to the capital stock of the Kankakee and Illinois...

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