Stowell

In each of the above entitled actions, the plaintiff! seeks to recover from the Rialto Irrigation District the-amount of certain interest coupons attached to bonds issued by the district. The cases were consolidated for trial, and judgment was entered in favor of the defendant in each case. Appeals are prosecuted by the plaintiff from these judgments and from orders denying his motions for a new trial. Except as to the numbers of the coupons involved, both cases present the same facts, and our discussion of the questions of law arising on these facts is applicable to both appeals.

The respondent is an irrigation district organized under the-provisions of the Wright Act. (Stats. 1887, p. 29.) The coupons sued upon are held by plaintiff, who claims to have purchased them before maturity, in good faith and for value, from Semi-Tropic Land and Water Company, a corporation. The bonds to which these coupons had been attached were originally disposed of by the Rialto Irrigation District to the-Semi-Tropic Land and Water Company in a manner which,. as is claimed by the respondent, and was found by the court, contravened the terms of the act authorizing the issue of such bonds. The court…