Summary

Stanley Matthews Mayor and Aldermen of the City of Savannah v…

The fifth section of an act, which took effect December 27, 1838, entitled 'An act to extend the limits of the city of Savannah, and to authorize the corporate authorities of said city to borrow money for works of internal improvement,' authorizes the mayor and aldermen 'to obtain money on loan, on the faith and credit of said city, for the purpose of contributing to works of internal improvements.' This provision is relied on as conferring authority for the guaranty in question.
Source: Wikisource

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