Summary

by John Marshall Harlan Town of Thompson v. Perrine — Opinion of the Court

The reference, in the former case, to the date when Perrine purchased, was to illustrate the injustice which would be done were we, in opposition to our own view of the law, to follow the ruling of the state court made after he purchased,-a decision which, with entire respect for the state court, was held not to be in harmony with its former decisions. What we decided was that the curative statute was within the limits of legislative power, and that, at least from its passage, the bonds, by whomsoever held, whether by the railroad company or others, became enforceable obligations of the town.
Source: Wikisource

by John Marshall Harlan Town of Thompson v. Perrine — Opinion of the Court

The coupons here in suit are payable to the holder thereof, and, upon the authority of the adjudged cases, Perrine is not an assignee within the meaning of the act of 1875. He is entitled to sue without reference to the citizenship of any previous holder.
We perceive no error in the record, and the judgment must be affirmed. It is so ordered.
Source: Wikisource

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