Summary

Stanley Matthews Louisiana v. Taylor — Opinion of the Court

It shall be lawful for the county court of any county in which any part of the route of said railroad may be, to subscribe to the stock of said company, and it may invest its funds in stock of said company and issue the bonds of such county to raise funds to pay the stock thus subscribed, and to take proper steps to protect the interest and credit of the county. Such county court may appoint an agent to represent the county, vote for it, and receive its dividends
Source: Wikisource

Stanley Matthews Louisiana v. Taylor — Opinion of the Court

Macon County Court, 41 Mo. 453. It was there said by the court: 'There is no such inconsistency between the acts that they may not both stand and be carried into operation. A general prohibition against subscribing for stock in any corporation may well subsist with a permission to subscribe for stock in a particular corporation. Besides, the seventeenth section of the general railroad law, with which the enabling act is supposed to conflict, uses no negative words.
Source: Wikisource

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