Caldwell Co. v. Lea

This is a proceeding brought under the Declaratory Judgments Act (Laws 1923, chapter 29) asking for a declaration as to the constitutionality of chapter 69 of the Acts of 1925. The chancellor was of opinion that the statute was valid, and the case has been appealed to this court. The act is as follows:

“An act, to authorize the issuance of long term bonds and notes in'amounts of fifty thousand dollars or more and to provide the conditions and terms of said issuance.

‘ ‘ [Here is inserted a preamble setting forth the advantages to the business interests of the State to be derived from statutory…