county coupon fraudulently issued, bound to show that he gave value before maturity; State v. Funding Board, 28 La. Ann. 257, majority holding governor's indorsement of railroad bonds after conditional obligation on State to do so had lapsed, not binding on State, in favor of bona fide purchaser. Distinguished in Steines v. Franklin County, 48 Mo. 182, 8 Am. Rep. 93, holding bonds issued under statute, authorizing them after popular vote, without vote, void, in hands of bona fide purchaser; Lewis v. Commrs., 12 Kan. 209, 219, holding bonds void in hands of bona fide holder, because issued by commissioners after election, in which majority voted against authority to issue bonds; Aurora v. West, 22 Ind. 95, 85 Am. Dec. 418, holding bonds in aid of railroad referring on their face to authority issuing them, and illegally issued, void; State v. Dubuclet, 23 La. Ann. 269, holding State not estopped from showing that auditor's warrant in hands of bona fide purchaser, was fraudulently obtained and void; Hawkins v. Carroll Co., 50 Miss. 764, holding taxpayers not estopped from questioning validity of bonds not negotiated; Woodruff v. Okolona, 57 Miss. 809, holding purchaser of town bond payable in twenty years, bound by provisions of statute authorizing bonds payable in ten years, and bonds void despite recitals of regularity; Rich v. Errol, 51 N. H. 360, holding bona fide purchaser of note issued oy town selectmen without authority not entitled to recover without proof that proceeds came to use of town. Distinguished, arguendo. in concurring opinion in Lyons v. Chamberlain, 89 N. Y. 587, holding town could not claim that railroad subscription bonds were void. and at same time demands proceeds of the bonds. Denied in Veeder v. Lima, 19 Wis. 293, 295, holding town not estopped by recitals in bonds from impeaching them for invalidity. |