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Johnson City Bonds Challenge Illegal Foreign Railroad Aid
The suit challenges Johnson City's 1890 bonds issued to the Charleston Cincinnati & Chicago Railroad Company. It argues the town lacked authority to subscribe stock or issue bonds for a foreign corporation, citing Tennessee constitutional limits and 1887 acts. The plaintiff alleges the bonds violated state law by aiding a nonresident firm and exceeding municipal powers.
MENTIONED IN THIS ARTICLE
Came
Wethe Corporate Wuthurintiek
Johnson City
Eaid
Corporation
Charleston, Cincinnati & Chicago Railroad Company
North Carolina
South Carolina
Tennessee
Tennewes
Tennessee Corporation
J. T. Wilder
H. H. Carr
North and South Carolina Corporation
Corporation of
East Tennessee, Virginia and Georgia
Saidtown
O.,c.& Orr. Co
BR. BR. Co
B. T
Charleston, Cincinnati & Ohi Railroad Company
Travellers Insurance Company
Crandall
Hunter
Ng Fund For Aid C
RB. B. Co