State Ex Rel. Widdoss v. Esmay

By resolutions reciting respectively that there is in the treasury of Butte County the amount of $43,600 in the sinking fund, and the amount of $30,800 in the sinking fund interest fund “in excess of the amount necessary to pay all obligations, claims, or contemplated expenditures against said fund, including all interest which may accrue on and the princpal of all outstanding bonds,” and the amount of $31,600 in the permanent school fund land fund, “and the purpose for which this fund was created has been fully subserved, there remains no further use for such balance for the purpose for…