Judges: Henry, Hough, Napton, Norton, Sherwood
Filed Date: 10/15/1880
Status: Precedential
Modified Date: 11/10/2024
The act of March 23rd, 1861, (Sess. 1860-61, p. 60,) we regard as decisive of this case, so that it is unnecessary to pass upon any other point which has been discussed. Section 2 of that act provides : “ It shall not be lawful for the county court of any county to subscribe to the capital stock of any railroad company, unless the same has been voted for by a majority of the resident voters who shall vote at such election under the provisions of this act.”
Strange as it may appear, that act, though cited by counsel, was never discussed until the year 1878, when I undertook to discuss the force and effect of its prohibitory provisions in State ex rel. Wilson v. Garroutte, 67 Mo. 445. In that case I endeavored to show that that act, by the very force of its terms, was applicable to existing charters, as well as to those which might subsequently be created; that in short, it applied to “ any railroad company,” and that by that act it was made a misdemeanor, a penal offense, for the “ county court of any county ” to subscribe, etc., unless
It is unnecessary to pursue this subject further. I refer for a more extended discussion of it to my opinion in the former case, State ex rel. Wilson v. Garroutte, supra. Henry and Norton, JJ., while concurring in the majority . opinion in that case, gave no expression of their views as to the force and effect of the act of 1861. Since then they have concurred in the views- which I heretofore had expressed in relation to that act. As the alleged subscription to the capital stock of the Laclede & Eort Scott Railroad Company was made without first submitting the matter to a vote of the people, we must approve the action of the circhit court in its denial of a peremptory, and its dismissal of the alternative writ, and affirm the judgment.