Samuel Blatchford

“ The provision is inhibitory on the legislature, and not permissive or enabling to the city. Whether the voting which the declaration says took place was the holding of such an election as the constitution contemplated, (for the assent is to be given at an election to be held, and not otherwise,) is a question not necessary to be decided; because we are of opinion that the act relied on as a validating or ratifying act has no such effect. ”

“ Under the provision of the constitution of Mississippi before cited, it is clear that the authority of the legislature is necessary to enable the county, city, or t wn to become a stockholder in, or lend its credit to, a corporation. The act of March 16, 1872, relied on as the validating act, was passed after the so-called election took place, and after the making of the subscription, but before the issuing of the bonds. ”