Duane v. Philadelphia

Opinion by

Me. Chief Justice Kephart,

On July 8, 1929, the City of Philadelphia enacted an ordinance providing for the creation of a loan in the sum of $50,500,000, and authorized the mayor, city controller and city solicitor, or any two of them, to borrow, for the purposes mentioned in the ordinance, at such times and in such proportions of the amount authorized as they might determine. The city now proposes to issue $5,000,000 of that authorized loan. Plaintiff’s bill, here on original jurisdiction, seeks to enjoin the proposed issue on the ground that it is in violation of section 8 of…