Summary

Stanley Matthews City of East St Louis v. United States…

The further award of the annual sum of $10,000 to the relator, payable out of the remaining seventenths of the one per cent. levy cannot be justified. That fund, by the terms of the charter of the city, under which the bonds were issued, is authorized for the purpose of paying the necessary current expenses of administration, not including payments on account of the bonds of the municipal corporation.
Source: Wikisource

Stanley Matthews City of East St Louis v. United States…

The plaintiff in error has no reason to complain of so much of the command of this judgment as requires it to levy and collect an annual tax to the full amount of one per cent. upon the assessed value of the taxable property subject thereto, and to apply $3,000 out of three-tenths thereof to the payment of the interest and principal of the relator's judgments.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature