had become holders of them. In June, 1874, the Board was abolished, and a Board of Audit was created to examine and audit for settlement the outstanding certificates of indebtedness issued by it. In October, 1874, G. filed a bill in equity for the purpose, among other things, of restraining the Board of Audit from allowing these certificates to their holders. On demurrer a restraining order, which had been made under this bill, was dissolved. The Board of Audit then allowed the certificates to their holders, and 3.65 bonds of the District were issued for them. G. then commenced this action against the District. Held, that he had been guilty of gross negligence in the matter, which pre- vented him from recovering against the District. Gleason v. District of Columbia, 133.
See CORPORATION, 1;
LIMITATION, STATUTES OF.
See CLAIMS AGAINST THE UNITED STATES, 8, 9.
The United States are not bound by any statute of limitations, nor barred by laches of their officers in a suit brought by them, as sovereign, to enforce a public right, or to assert a public interest; but where they are formal parties to the suit, and the real remedy sought in their name is the enforcement of a private right for the benefit of a private party, and no interest of the United States is involved, a court of equity will not be restrained from administering the equities between the real parties by any exemption of the government, designed for the protection of the rights of the United States alone. United States v. Beebe, 338.
See BANKRUPTCY; CORPORATION, 1;
1. Under the Code of Civil Procedure of California a plaintiff asserting
title to lands, though out of possession, may maintain an action to determine an adverse claim, estate, or interest in the premises. More v. Steinbach, 70.
2. While it is quite competent for the State of Virginia to impose upon the movable personal property of the Baltimore and Ohio Railroad Company, (a corporation organized under the laws of Maryland,)
which is brought within its territory and there habitually used and employed, the same rate of taxation which is imposed upon similar property used in like way by its own citizens, it has not done so in the taxing laws of the State which were in force when the tax in contro- versy was imposed. Marye v. Baltimore and Ohio Railroad, 117.
3. The statutes of Virginia relied upon by the plaintiff in error are not applicable to the Baltimore and Ohio Railroad Company, but are confined to corporations which derive their authority from the laws of Virginia. Ib.
4. In Michigan a declaration of trust which declares that the parties exe- cuting it hold the property in trust for themselves and two other persons is an express trust, and under the laws of that State the whole estate in law and in equity is vested in the trustees. Culbertson v. The H. Witbeck Co., 326.
5. When a party to an action of ejectment in Michigan sets up a tax title, several years old, it is competent for the other party, after showing by the official records that an illegal expenditure of public money was ordered, sufficient under the laws of the State to vitiate the whole tax if paid from it, to prove by parol evidence that the sum so ordered to be paid was paid out of the moneys raised by the tax in question. lb.
6. In a suit in Louisiana against a corporation for damages for refusal to permit a transfer of shares on its books, the prescription of ten years applies but that prescription is not available in this case. v. Levee Steam Cotton Press Co., 614.
See CONSTITUTIONAL LAW, A, 4;
CORPORATION, DEED; EVIDENCE, 1, 2;
JUDGMENT, 2;
NATIONAL BANK;
TRUST, 3; WILL, 6.
When the amount in controversy in a case decided in the Circuit Court is
too small to come here by writ of error, this court is without power by writ of mandamus to compel the judge of the Circuit Court to reverse his own judgment. In re Burdett, 771.
See CLAIMS AGAINST THE UNITED STATES, 7;
MEXICAN GRANT.
See PUBLIC LAND, 1, 2, 3, 8-13.
MINERAL LAND.
See EJECTMENT;
PUBLIC LAND, 6, 7, 14.
1. When a mortgage contains no provision for the payment of rents and profits to the mortgagee while the mortgagor remains in possession, the mortgagee is not entitled, -as against the owner of the equity of redemption, to the rents and profits of the mortgaged premises until he takes actual possession, or until possession is taken in his behalf; even though the income may be expressly pledged as security for the mortgage debt, with the right in the mortgagee to take possession upon failure by the mortgagor to perform the conditions of the mort- gage. Freedman's Saving and Trust Co. v. Shepherd, 494.
2. When a decree of foreclosure and sale of mortgaged property grants to the purchaser a credit for part of the purchase money, reserving a lien upon the property to enforce its payment, the court may, if the pur- chaser make default, and no rights of innocent third parties have intervened, order a resale of the property upon a rule to the purchaser to show cause why it should not be done. Stuart v. Gay, 518. 3. The decree of foreclosure in this case conferred upon the purchaser at the foreclosure sale no such right of acquiring the securities of the lower classes to be paid from the fund realized from the sale, as would authorize him, as such purchaser, to dispute in a proceeding in the original suit for foreclosure to compel payment of the amount remain- ing due of the purchase money, the computations by the master, con- firmed by the decree of the court, of the amounts which the creditors of the higher classes were to receive from the fund. Ib.
4. In marshalling the classes of debts entitled to be paid out of a fund arising from a sale of mortgaged property under a decree of foreclos- ure, it is immaterial whether the master calculates the interest to a day prior to the date of the decree of sale, or up to that day, for the purpose of determining the principal sum that is to bear interest thereafter. lb.
See RAILROAD, 3; TRUST, 1.
See MUNICIPAL CORPORATION.
1. In this case certain negotiable bonds, issued by the town of Milan, Ten- nessee, were held to have been issued without lawful authority. Kelley Milan, 139.
2. A municipal corporation, in order to exercise the power of becoming a stockholder in a railroad corporation, must have such power expressly onferred by a grant from the legislature; and even such power does not carry with it the power to issue negotiable bonds in payment of the subscription, unless the latter power is expressly, or by reasonable implication, conferred by statute. lb.
3. Certain provisions of the statutes of Tennessee considered and held not to confer power on the town of Milan to issue the bonds in ques- tion. Ib.
4. In a suit in chancery, brought by the town authorities to have the bonds declared invalid, a decree had been entered declaring them valid, on a consent to that effect signed by the mayor of the town: Held, that the consent of the mayor could give no greater validity to the bonds than they before had, and that the decree was not an adjudication of the question of such validity. Ib.
5. In this case, certain negotiable bonds issued by the town of Dyersburg, Tennessee, were held to have been issued without lawful authority. Norton v. Dyersburg, 160.
6. Certain provisions of the statutes of Tennessee considered and held not to confer power on the town of Dyersburg to issue the bonds in ques- tion.
7. The grant to a municipal corporation of the power to subscribe for stock in a railroad company does not carry with it the implied authority to issue negotiable bonds therefor; and such is the view of the Supreme Court of Tennessee. Ib.
8. In a suit at law against the town to recover on the bonds, no question growing out of the liability of the town for the subscription to the stock can be inquired into. Ib.
See CONTRACT, 2;
DISTRICT OF COLUMBIA; EQUITY.
1. The auditor of Cuyahoga County, Ohio, fixed the taxable value of shares in a national bank at 60 per cent of their true value in money, in ac- cordance with the practice adopted for the valuation of other moneyed capital of individuals in the counties and State, and transmitted the same to the State Board of Equalization for incorporated banks. That board increased the valuation to 65 per cent, and this value, being certified back to the auditor, was placed by him on the tax list without a corresponding change being made in the valuation of other moneyed capital of individuals. Held, that this was such a discrimi- nation as is forbidden by § 5219 of the Revised Statutes of the United States. Whitbeck v. Mercantile Bank, 193.
2. The statutes of Ohio regulating assessments for taxation allow an
owner of moneyed capital other than shares in a national bank to have a deduction equal to his bona fide indebtedness made from the amount of the assessment of the value of such moneyed capital; but they make no provision for a similar deduction from the assessed value of shares in a national bank, and provide no means by which such a deduction may be obtained. Held: (1) That the owners of such shares are entitled to have a deduction of their indebtedness made from its assessed value as in the case of other moneyed capital; and (2) that the right to it is not lost by not making a demand for it until the entire process of the appraisement and equalization of the value of the shares for taxation is completed, and the tax duplicate is delivered to the treasurer for collection. Ib.
3. The laws of Ohio regulating the taxation of shares in national banks considered.
NEGLIGENCE.
See COURT AND JURY, 1.
See CORPORATION, 3;
WRIT OF ERROR, 2.
1. Letters-patent No. 243,674, granted to James Forncrook, June 28, 1881, for an "improvement in sectional honey-frames," on an application filed May 13, 1879, are invalid, for want of novelty. Forncrook v. Root, 176.
2. The claim of the patent, namely, "As a new article of manufacture, a blank for honey-frames formed of a single piece of wood, having transverse angular grooves c, longitudinal groove d, and recesses b, all arranged in the manner shown and described," is not infringed by a blank which does not contain the longitudinal groove, or any substi- tute or equivalent for it. Ib.
3. A patent for a bushing, or tapering ring of metal, for the bungs of casks, with a screw-thread on its outer surface, and with a notched flange at the edge, so as to enable the bushing to be forced into place by a wrench having a projection to fit the notch, was reissued, nearly seven years afterwards, for a bushing without any notch. Held, that the reissue was void. Cornell v. Weidner, 261.
4. Claims 1 and 2 of letters-patent No. 281,640, granted to Moses Mosler, July 17, 1883, for an improvement in fire-proof safes, namely, "1. An angle bar for safe-frames, consisting substantially as before set forth, of a right-angled iron bar, one of the sides of which is cut away, leav- ing a curve facing the uncut side, whereby said uncut side may be bent to bear upon said curve to form a rounded corner. 2. An angle
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