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Troy Herald in Troy, Missouri

04 Oct 1876

Page 3

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Troy Herald October 4, 1876 Page 3 old newspaper archives

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Newspaper

Troy Herald

Location

Troy, Missouri, United States of America

Date

Oct 04, 1876

Page

3

Legal debate over county bonds and railroad stock debt

An open letter argues against repudiating Lincoln County bonds tied to the St Louis and Keokuk railroad. It cites Missouri case law, analyzes constitutional provisions from 1865 and 1866, and cites Macon county and St Louis decisions, asserting legal obligations remain despite calls for repudiation.

MENTIONED IN THIS ARTICLE

France Afalra General Assembly State of Missouri St. Louis and Keokuk Salh Alate Lincoln Missouri Missouri and Misalasippi Railroad Company Macon County Supreme Court of Macon Missouri and Miewlasippi Railroad Company
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Constitutional clause restrains future Acts not existing laws

The text debates whether constitutional section 14 article 11 limits only future legislation or retracts past legal actions. It cites Ohio law, Aspinwall v. Daviess, and Indiana analogies to argue the clause acts as a future power limit, not a retroactive veto on existing bonds. It warns repudiation risks and outlines fiscal implications of unpaid debt and taxes.

MENTIONED IN THIS ARTICLE

St. Louis & Keokuk General Assembly Democratic Party Wagner Osio Supreme Court of Ohio Acton Atouk Slacon Supreme Court United States Courts Aspinwall Indiana Justice Nelson Wonteer Esse Supreme Court of the United States Evans Ve Culatue Coloma Iluety Allinan Tardiuney Courleul Leas
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Also Mentioned on This Page

Troy Herald County Court of Bull Jo Ee Supreme Courts St. Lote Enya Aoc Thorn
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