, 1873-03-01
SPRINGFIELD.
Deciafon In tho mncoupin County
Court-Knousc bond Uuso~.
OF Organization Filed,

Decision In tho NEncoupin County
Oourt-K1ouso Hond Casc..Ccrtiffcates
OF Organization Filed,
Special Dispateh to Ths chtenao Tribune.
sPRtNor1EIp, ILL.,, Fob. 2a.-rho Newark Say
ings Institution '. the Board OF Supervisors Of
Macoupin County, John II. and John Mayo.
Palmer for tho plaintiffs, and Rinaker and Ed
wards for tho dofondants. In the above onti.
tied cause, which has been in progress for two
days, and which Was to decide whether tho Colln-
ty Of Macoupin was liable for tho bonds issuod
to build tho courthouse in said county, tho
Court instructed tho jury this morning that tho
principal question in the osao relates to the evil
dence Of indebtedness issued prior to tho 9th
aanes g. n' sb 'S'2 tic aRg'' had IN bssa ss
for two or three years engaged in building
eued in reference to that object. Doubts arising
as to the validity Of these Issues, tho LegiBla-
ture, by tho net Of the 9th Of March, 1860, pro-
yided "that all bonds or other eyidoncos Of in
debtedneas ihsued In good faith by tho County
Court Of Macoupin County, to rnise money or
diacharge contracts in reteronco to tho building
ealiged." This act validates ii bligatious is-
sued by tho County Court in good faith for the
purpose Of raising money Or disoharging con-
tracts in reference to the construction
eto of tho court:houae, however invalid
pMassage; % Wore The obligations 1!' IL question
within TIN terms Of this act? In othor words,
were they isaued in good faith This Ia quos-
tion for the jury to determine from tho evidence
before them. Il tho obligations we're issued by
Ct the time Of tho lcsuo, ratified afterward for
tho purpose Of discharBing contracts which had
been made for the construction Of tho court
housc, or Of rsising money for tho Same object,
faith without wrongful intent, then they were
Issued within tho meaning Of tho act In
good faith. II the obligations discharged
contracts for, constructing the. court
house. n6!a.} or or - raised th money for the same
orintent on the part Of those receiving them,
they were rendered valid by the Inw. In decid-
ing this question, tho Jury would look to tile
faots aB they e1isted at tho timo the obligations
wcrc iasued, and not to what took place aftor-
wards; mott the ultimate cost Of the court
house or the question whether tho enterprise
was wise or unwiBc. Parties who received these
obligations in discharge Of contracts, Or paid
~fongn aes tha ' oeoss ot th ths
county done subsequently to their issue. Tho
remaining obligations all bear dato after March
9, 1860, The aot Of that date provides THAT said
County Court Is hereby authorized to borrow
exceeding 10 por cent, principal and tntoreas
payable at such timo and place as may be indi-
Gated in said bonds, to raise whatever sum may
be necessary to compleso said court-houae and
1MFTQF6ubuLa EQuu6Gttu huGEoWl+4s Ii LQlB
authority was pursued In the Issue OF these
obligations, then tho same aro binding on tho
county. The bond waa tho ovidonce upon which
1t WAS determined that It WAS issued regularly.
The jurd found q verdict for the plaintiff, and
assessed damages at S155, 900.
The prussing Vinegar Company, of Chioago,
capital $500. 1000 the Lumber Compromising and
Seasoning Company, Of Chicago, capital $780,
900; also tho Dupage Silver Kofiniug Company,
capital 9900, 900; also tue German Mining Com
nnny nf NblAYt1n cantfa1 atnrk aa mn and ~
the 1toyal George Mining Company, Of Chicago,
capital stock $500 000 received certificates OF IN
corporation from tho Secretary Of State upon
tho report Of the Commissioners.