Miners & Merchants Bank v. Herron

— Tills is a proceeding in mandamus. It appears from the plaintiff’s complaint that in 1919 Pinal connty issued and sold, under the provisions of chapter 2, title 52, Revised Statutes of Arizona 1913 (paragraphs 5266-5285), 1,000 “Connty of Pinal Road Bonds” for $1,000 each, bearing interest at 5% per cent, per annum as evidenced by attached coupons payable on May 1st and November 1st of each year; that beginning with May 1, 1930, and ending May 1, 1934, the connty failed to pay interest coupons as they fell due in the sum of $39,517.50; that the plaintiff is the owner and holder of 45 of…