...with special reference to It. It makes no difference that the construction of the law has changed. For the sound and true rule is that if the contract when made was valid by the law as then interpreted and administered, its validity and obligation cannot be impaired by any subsequent...

...such a manner as to invalidate the contract. In Ohio Life Insurance Co. v. Debolt,* the court said: "The sound and true rule is that if the contract,...departments of the government, and administered in the courts of justice, its validity and obligation cannot be impaired by any subsequent action of legislation...

...the case of Insurance Co. v. Debolt, 16 How. 432, Tauey, CJ, held "that the sound and true rule was that, if the contract when made was valid by the laws of the State, as then expounded by all the departments of its government, and administered in Its courts of justice, its validity and obligation...

...Insurance Co. v. Debolt, supra, the doctrine is thus stated: "The sound and true rule is that if a contract, when made, was valid by the laws of the State, as then expounded by all the departments of the government, and administered in its courts of Justice, its validity and obligation...

...the laws of the State as then expounded by all the departments of the government and administered by its courts of justice, its validity and obligation cannot be impaired by any subsequent act of the legislature, or by the decision of Its courts altering the construction of the law." So...

...Justice Taney in Ohio Life Ins. & Trust Co. v. Debolt (1853) 16 How. 416, 432, 14 L. Ed. 997: "And the sound and true rule is that, If the contract when...the state, as then expounded by all departments of its government, and administered in Its courts of Justice, its validity and operation cannot be Impaired...

...Ypsllanti. 105 US 72. In Insurance Co. v. Debolt, supra, it wss said: "The sound and true rule is that, if a contract, when made, was valid by the laws of the state as then expounded by all the departments of the government and administered by Its courte of justice. Its validity and obligation...

...Ypsllanti, 105 US 72. It was there further said, quoting from Insurance Co. v. De Bolt, supra, that: "The sound and true rule is that if the contract, when made, wasvalld by the laws of the state as then expounded by all the departments of its government and administered...

...However we may regard the last case in Iowa as affecting the future, it can have no effect upon the past. 'The sound and true rule is, that if the contract,...courts of justice, its validity and obligation cannot he impaired by any subsequent action of legislation, or decision of its courts altering the construction...

...Fletcher т. Peck, 6 Cranch, 87. In Insurance Co. T. De Bolt, 16 How. 416, the supreme •court said: "The sound and true rule is that, if the contract...by the laws of the state as then expounded by all i lie departments of Its government and administered in its courts of justice, its validity and obligation...