State v. City of Lakeland

SEBRING, J.:

This appeal is from a final decree-validating City of Lake-land “Refunding Bonds, Series 1943”, in the amount of $5,350,000, to be issued for the purpose of ref unding, a like amount of outstanding bonds of the City designated, respectively, “General Refunding Bonds, Issue of July 1, 1939” and “General Refunding Bonds, Issue of July 1, 1939.” The underlying debt extended by the 1936 and 1939 refunding issues was evidenced, originally, by bonds validly issued in 1912, 1915, 1924 and 1926, all of which pledged, either the “full faith, funds, property, credit and resources,” or the…