New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-08-04

NSvoAAOA ~OAAVSS o0A VtuOAo WOAO cOAAaO-
what in doubt az to the full me1ning of
portions Of the recent Supreme Court de-
cision in the Forstall bond case, which
doubt has elected the following correspond.
esce.
STATE OF PEoUIsrAaA,
Executive Department
i New Orleans, August 2. 1875.
Hon. 4 2. Field. lttorney General Of Louisiana:
SRI desire to cali your attention to q
point in the recent decision by the Supreme
| Court in the FOrsta!l c1se which may give
rise to some discussion. The decree of the
| court is "tbat as regards the bonds in the
possession of the selatOr issued under acts,
etc., and described in his petition and in
his possession, the judgmentef the disGist
court is affirmed" 1t seems to me that the
| int ntion Of the Legislature as expressed in
section two of act No. ii Of extra session of
| 1875, was that the legality Of each issue of
| tho bonds brought in question should be
| teAted j thA courts before any bonds of
| that issue were funded by the board, and
| that when the validity of any one Of mum.
Der Of bonds of thatissue had been passed
upon by the SupremeaCOurt or the court of
last resort, that decision should be regarded
| by the funding board as conclusive TO the
whole issue.
Any other construction, it appears to me,
would obviously lntefpOse an almost in
superable barrier in the way OF funding
the obligations of this State, and would
work an nwarranted hardship upon every
bonilholder.
call your attention to this point, and de-
sire your opinion as a matter Of precaution
and to avoid all possibility ofsdoobt.
very '''ps'S'y. WILLIAM p KELLOGG.
~ 4s;. A. ..., 49,, g.,
Az '"' 'Ho A''ofneS oeuer~a senl too 'oi-
lowing reply:
STATE or Lo%GIsIASA, %
New OrIsans' 1uaust % 2 isis.
tn Uia Excs,,srcv vi ks,,oog 1residsnt os ths
Funding Board '>'''
SrR-Your communicates. of tb;, date
recantlv delivered hV tbs Snnreme Conrt
at Monroe. i'm the case of the State Of Lou.
;s;ana on the relation ot O,esr i Eoyctail
va. the hoard of I;nnid alton ease ;nv%v.
inp the VALIDITY of certain honds issnei hv
the State of LSuisiana nd held bv narties
in this country and Enrone NV IN is
more direerav reonseted nnon The necS liar
pbraseology of tiis portion of that deci-
sion:
"And wa desire to he distipctrv rrder.
stood that we are expressing 40 oninion on
nhe validity of anv honda excent those he.
fore n. in the hands of re,ator In so fa,
"a the levea honds are concarnad The ap;.
dence satisfies us that those in the nossess-
ion of the relator arr valid. oblirations
apaiSssfhe Stste. and fsatsYfev shfnId IA
fnnded."
Il will he observed that the bonds held hv
reIator were issned un6er act liz >nnnrove1
March S6, 1867. for exnenses "a hn;ld;ng
ievees. and nnder which act fonr millions
If doIlars of honda were ;ssned and olso
under act 80. approved February 25. Is7O.
under which three niiioHs were issued
exnressiv sns+o;,e% hv 'n tbis o.s Sonn osso oeea
we'll n having been twice nassed a., to- the
same effeot by the same court. If the acta
are. therofure valid and Constitutional and
tho honda hoId hv tho alo+or issraJ ,'nda.
thoso ".s oro ,.9,;s S oh,;na. .ooaou uuu
Sucso Sa oocs' ORG saLu ooi.SaIion0 aSaiusG tne
d os1;d houd. oo ants.a, ~ ~ unu "t ened ~. e
LIMIT uroscr;ha% n sof1 1o oots a,a anggoMs GIo
valid md sh"~,d ha f"nJ.S ''' "'o o9o""s
.,,ie ",strot;" ota so'd ~ any osae. aoasvu
Sn;s;o .i,a @ oIS,u oS R,a!eu spen vso
oeH.:uon e;a:n 'Ia' YOU na.e M suoml1teu ior my
upn'on : ~. ~ cuu'S c nos. oo SsuPP3seu ol
4so ous sIa snac .no ouI'omG NouIs tnIen!eu
"e st tno o.u uonus ;ssIeo unu1r .ne prosislo1
10y u .ho ac.s .a ~ulon eney naso sustalneu
eaoS on% 70 onv h"Sd. f th.an Snnda Jau hn ,na'
o'e. sm".l' suoa,u '';. coMpei tue.r luautnS ~
a.n,e oo''u, s,.t ~ 20 1,oJn @ ~ Ing
eaMc esa coulI -. nan aAfs'oS passe" ia ei'
'eI' upon saet hs;.u. sa.'y; ye,
van van n;"a nGs neate. shs .nelslol IN eARress'
,us sne oi,u.9n S. sna. So9s coaa ers oouna'
~. dso;so sHGs ousE sa% an ~ ascS % ; wiz, WIZ
honds ;ssmod undan ~ % lulu on fsa
o"ts nf GIel suo sros % tne
acss M;th OF tie h;h Lislasure ABOVE referred 70.
"i'n A,sI 'eEprHI tSp prSI nour coeuieaS sersans'
FnAD' A'to'ney "e"era'
The following supplemental communica-
ton was handed to Governor KELLOGG YES.
+ord., roen;r,.