Hill v. Village of Aurora

Lees, C.

Appeal from an order overruling a demurrer to the complaint in a taxpayer’s suit to enjoin defendants from issuing and selling funding bonds of the village of Aurora. The order is accompanied by the certificate necessary to permit an appeal and by a memorandum in which the views of the court were tersely stated. It was held that, under the statutes now in effect, a village cannot issue bonds to fund its floating indebtedness without obtaining authority from the legal voters. Appellant contends that this is not a correct construction of the statutes, thereby presenting the only…