Matthews v. Bailey, Governor

Appellant Matthews, alleging ownership of certain highway refunding bonds issued by the state under authority of Act.11, approved February 12, 1934, seeks to restrain the Governor and members of the State Board of Finance from carrying into effect an Executive Order issued June 25, 1939, by the terms of which it is proposed to issue state highway refunding bonds aggregating in face value $140,537,253.20.

It is alleged, and the record discloses, that the Order in question was approved by the Board.

Other allegations are:(1) That the Governor, in promulgating his Order, assumed to proceed under…