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Ackley School Dist. V. Hall
''Ackley School District v. Hall'', 113 U.S. 135 (1885), was a suit to recover principal and interest claimed to be due the defendant on negotiable bonds issued by the plaintiff.''Ackley School Dist. v. Hall'', . Background Municipal bonds issued under the authority of law for the payment at all events to a named person or order a fixed sum of money at a designated tune therein limited, being endorsed in blank, is a negotiable security. Its negotiability is not affected by a provision of the statute under which it was issued that it should be "payable at the pleasure of the district at any time before due." An act of the Legislature of Iowa entitled "An act to authorize independent school districts to borrow money and issue bonds therefor for the purpose of erecting and completing schoolhouses, legalizing bonds heretofore issued, and making school orders draw six percent interest in certain cases" is not in violation of the provision in the Constitution of that state which de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipal Bonds
A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation. Typically, only investors in the highest tax brackets benefit from buying tax-exempt municipal bonds instead of taxable bonds. Taxable equivalent yield calculations are required to make fair comparisons between the two categories. The U.S. municipal debt market is relatively small compared to the corporate market. Total municipal debt outstanding was $4 trillion as of the first quarter of 2021, compared to nearly $15 trillion in the corporate and foreign markets. Local authorities in many other countries in the world issue similar bonds, sometimes called local authority bonds or other names. History Municipal debt predates corporate debt by several centuries—the early Renai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security (finance)
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legislature Of Iowa
The Iowa General Assembly is the legislative branch of the state government of Iowa. Like the federal United States Congress, the General Assembly is a bicameral body, composed of the upper house Iowa Senate and the lower Iowa House of Representatives respectively. The Senate consists of four year terms and the House consists of two year terms. The General Assembly convenes within the Iowa State Capitol in Des Moines. Composition The Iowa General Assembly consists of 50 senators and 100 representatives. Each senator represents about 60,927 people and each representative about 30,464 people . The last redistricting was enacted on April 19, 2011 for the 2012 elections 85th General Assembly. The assembly convenes annually on the second Monday in January. Leaders in the Senate are President Jake Chapman (R), and President Pro Tempore Brad Zaun (R). Partisan Senate leadership includes Majority Leader Jack Whitver (R), and Minority Leader Zach Wahls (D). In the House, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ackley, Iowa
Ackley is a city in the Franklin and Hardin counties in the U.S. state of Iowa. The population was 1,599 at the 2020 census. History In 1852, immigrants began purchasing farms and settling in the north Hardin County area. In the fall of 1852, L.H. Artedge, a frontiers-man from Indiana staked a claim just north of the Hardin County line and built a cabin close to where Highway 57 now passes. Another settler, Thomas Downs, became the first permanent resident of Ackley. Later his widow sold a strip of land from Butler Street to the four county corner for $3.00 an acre to Minor Gallop. Gallop built a house, just east of Highway 57 which became an inn, a stopover for stagecoaches, and the first post office. Many caravans arrived in anticipation of settling in this area. Roby Parriott and wife, Abigail, settled in Washington Township, Butler County. Parriott immediately began to acquire more land and purchased what is now the business section of Ackley. Mills were built on the Iow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hardin County, Iowa
Hardin County is a county located in the U.S. state of Iowa. As of the 2020 census, the population was 16,878. The county seat is Eldora. The county was named in honor of Col. John J. Hardin, of Illinois, who was killed in the Mexican–American War. History Hardin County was formed in 1851. It was named after Colonel John J. Hardin, who died in the Mexican–American War. In its history the county has had three courthouses. The first was a small wood-framed building, which burned down in the 1850s. The second courthouse was a two-story building and stood on the site of the current office of the county sheriff. The third and present courthouse was constructed in 1892 and opened on September 19, 1893. The structure was listed on the National Register of Historic Places in 1981. Hardin County, along with [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Of Quincy V
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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