THOMPSON V. PERRINE, 106 U. S. 589 (1883)

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U.S. Supreme Court

Thompson v. Perrine, 106 U.S. 589 (1883)

Thompson v. Perrine

Decided January 22, 1883

106 U.S. 589

Syllabus

1. Thompson v. Perrine, 103 U. S. 806, cited and reaffirmed.

2. Overdue coupons detached from a municipal bond which has not matured are negotiable by the law merchant.

3. Where coupons are payable to bearer, the right of the holder thereof to sue thereon in a court of the United States does not depend upon the citizenship of any previous holder. He is not an assignee within the meaning of the Act of March 3, 1876, c. 137.

The facts are stated in the opinion of the Court.