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MCGAHEY V. VIRGINIA, 135 U. S. 662 (1890)

U.S. Supreme Court

McGahey v. Virginia, 135 U.S. 662 (1890)

McGahey v. Virginia

Nos. 1057, 1055, 1056, 1058, 1142, 1217, 1216, 23

Argued January 21, 1890

Decided May 19, 1890

135 U.S. 662




The decisions Hartman v. Greenhow, 102 U. S. 672; Antoni v. Greenhow, 107 U. S. 769; Virginia Coupon Cases, 114 U. S. 269; Barry v. Edmunds, 116 U. S. 550; Chaffin v. Taylor, 116 U. S. 567; Royall v. Virginia, 116 U. S. 572; Sands v. Edmunds, 116 U. S. 585; Royall v. Virginia, 121 U. S. 102; In re Ayers, In re Scott and In re McCabe, 123 U. S. 443, are reviewed, and, without committing the Court to all that has been said or even all that has been adjudged in those cases on the subject of the Act of the Legislature of Virginia of March 30, 1871, to provide for the funding and payment of the public debt, and the issue of coupon bonds of the state under its provisions, it is now held:

(1) That the provisions of the act of 1871 constitute a contract between the Commonwealth of Virginia and the lawful holders of the bonds and coupons issued under and in pursuance of said statute.

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