Texas v. White


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Texas v. White was a U.S. Supreme Court case that looked at a claim that bonds owned by Texas since 1850 had been illegally sold by the Confederate state legislature of Texas during the Civil War as a way for the state to fund its war effort against the Union. In the Compromise of 1850, Texas had received $10 million in U.S. bonds in settlement of border claims. After seceding from the Union, Texas sold the bonds without the governor’s endorsement, which had been a requirement of state law....