Wolgamood v. Village of Constantine

Plaintiffs appeal from a decree entered November 1, 1941, dismissing their petition to have defendants adjudged guilty of contempt for violation of decree dated January 25, 1941, and entered January 27, 1941.

In 1936 the electors of the village of Constantine, at a special election called for that purpose, voted to issue revenue bonds in the amount of $107,000 for the purpose of constructing a municipally-owned electric light plant and distribution system. The trust mortgage securing such bond issue, executed by the defendant village to the Union Guardian Trust Company, provided, in part:

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