Page:Federal Reporter, 1st Series, Volume 4.djvu/387

 J3UBT0N V.VQWS OV KOSHEONONa. JB^^ �BuETON ». The Town of Koshkonono. �{Oireuit Oowrt, W. B. Wisconsin. , 1S80.) �1. Statuts op Limitatioiîb — Coupon Attachbd to Bond. — A bond, �dated January 1, 1857, provided for the payment of interest semi-an- nually until the principal was paid. Coupons for such semi-annual interest were attached to the bond. Eeld, in an action upou such bond, in the state of Wisconsin, that the statuts of limitations had no appli- cation to the coupons falling due more than six years previous to the commencement of such action. �Ami/ ▼• Dnbuque, 98 U^ a 470, and Œa/rlce v. lowa OUy, 20 Wall. 583, distinguished. - �2. CoxjpoNB Attachbd to Bond — Interest UpoS Inteeest*— fieJ<i, �further, that under the laws of the state of Wisconsin, as they existed at the time the bond was executed, ail coupons attached to such bond should bear interest at the rate bf 7 per cent, from the time they were due. ' .1 ; �i/aier V. J'e/eram, 20 Wis. 64. �3. Contkact— Obligation— BEMEDY.—Any cnange iii the remedy which �practically cuts otC a portion of the cause of action, or renders the con- tract of less available worth, is as much within the constitutionsl pro- hibition as a law wMch strikes directly at the contract itself. �jEdîoard» V. £«ar«iy, 96 U. B. 596. '' ■ �, for plaintiff. �, for defendant. ���BuNN, D. J. TMb action came on for trial at the present term before the court, a jury trial having been waived by, stipulation. The action is upon two railroad bonds, for $1,000 each, dated January 1, 1857, issued by the defendant town to the Chicago, St. Paul & Pond du Lac Eailroad Com- pany, payable in 20 years, with 8 per cent, interest semi- annualjy until the principal is paid. Coupons for the semi- annual interest are attached to the bond, the first two only of which have been paid. The defendant pleada the statute of limitations to ail those coupons falling due more than six years previous to the commencement of the action. The case is submitted upon the complaint and answer, and there are two questions to be decided — First, is the plea of the statute of limitations good ? Second, is the plaintiff entitled to recover, under the laws of Wisconsin, interest upon the ����