US SUPREME COURT DECISIONS

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.