DOCKET NO.: None
DECIDED BY: Chase Court (1867-1870)
ARGUED: Feb 05, 1869 / Feb 08, 1869 / Feb 09, 1869
DECIDED: Apr 12, 1869
Facts of the case
In 1851, Congress authorized the transfer of $10 million worth of United States bonds to the state of Texas. The bonds were payable to the state or bearer and were to be redeemable in 1864. In 1862, during the war of rebellion, an insurgent Texas legislature authorized the use of the bonds to purchase war supplies. Four years later, the reconstruction government tried to reclaim the bonds.
Was Texas a state in the union eligible to seek redress in the Supreme Court? Could Texas constitutionally reclaim the bonds?