Excerpt from Municipal Bonds: A Statement of the Principles of Law and Custom Governing the Issue of American Municipal Bonds With Illustrations From the Statutes of Various States The literature on the subject of municipal bonds begins with the late Judge Dillon's masterly treatise on the law of municipal corporations. There is, however, an hiatus be tween the Law of Municipal Corporations and articles in various textbooks covering the general field of investments, and casual articles by investment bankers. The general ...
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Excerpt from Municipal Bonds: A Statement of the Principles of Law and Custom Governing the Issue of American Municipal Bonds With Illustrations From the Statutes of Various States The literature on the subject of municipal bonds begins with the late Judge Dillon's masterly treatise on the law of municipal corporations. There is, however, an hiatus be tween the Law of Municipal Corporations and articles in various textbooks covering the general field of investments, and casual articles by investment bankers. The general principles of municipal-bond law can be stated for the student and the bond man. The adoption of the Uniform Negotiable Instruments Law by all the States (ex cept one) has inevitably tended to produce more or less uni form decisions on mooted points. While there are curious decisions in many jurisdictions, it is probably true that these decisions are the result of hard facts, which are said to make bad law. Generally speaking, fundamental canons have been worked out and further judicial decisions must tend more and more toward recognition of established rules. The work of the legal specialist is statutory construction. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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