State Ex Rel. City of Portsmouth v. Kountz

The questions presented for our determination are: (1) Whether it is the legal duty of the mayor and of the director of finance to sign and deliver unvoted general obligation city bonds when the annual millage pledged to service outstanding unvoted general obligation bonds is in excess of ten mills, in any one year; (2) Whether the constitutional ten-mill tax limitation constitutes an indirect debt limitation; (3) Whether, in computing the number of mills already pledged, it is necessary to take into consideration the number of mills required to service outstanding special assessment bonds…