Bank of Sonoma Cty. v. Hiram T. FairBanks
Bank of Sonoma Cty. v. Hiram T. FairBanks
Opinion of the Court
The act was constitutional. (Upham v. Supervisors Sutter County, 8 Cal. 379; Hobart v. Supervisors Butte County, 17 Cal. 23; Blanding v. Burr, 13 Cal. 343; Robinson v. Bidwell, 22 Cal. 379 ; People v. Hally, 49 Cal. 478.)
E. S. Lippitt and George Pearce, for the Respondents.
The plaintiff has not legal capacity to sue. (Art. 4, sec. 34, Constitution of the State; Hittell’s Digest, sec. 748; Hittell’s Digest, sec. 933.)
By the terms of the Act of March 23rd, 1874, the inhabitants of Petaluma, a municipal corporation, were to be taxed to purchase an agricultural park to be kept and used for annual exhi
The Act of March 23rd, 1874, authorized the Trustees of the City of Petaluma to purchase an agricultural park, etc.
Such an act could not, perhapé, have been made mandatory. (People v. Lynch,, 51 Cal. 15.) But the objection does not apply to the law under consideration, which, in effect, is an amendment to the city charter, placing the discretion in the city authorities to make a certain purchase, and to assume a certain obligation. Such legislative power may be confided to a municipality proper. (Ex parte Wall, 48 Cal. 278.)
Under art. 4, sec. 34, of the Constitution of the State, deposit and loan associations may be formed which do not issue paper to circulate as money; and such are not ianhs within the prohibition of the Constitution, although they may be called hanhs.
Judgment reversed and cause remanded.
Reference
- Full Case Name
- BANK OF SONOMA COUNTY v. HIRAM T. FAIRBANKS
- Cited By
- 1 case
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- Syllabus
- Power of Legislature over Cities.—The Legislature may, by an act, authorize the authorities of a city to purchase an agricultural park, and to issue its bonds in payment therefor, and to levy a tax for the payment of the same. «Corporations for Banking Purposes.—A corporation may be formed for the purpose of receiving deposits and loaning money, and if it does not issue paper to circulate as money it is not a bank within the meaning of sec. 34, art. 4 of the Constitution, although it is called a bank.