Marcum v. Borders

Opinion op the Court by

Judge Thomas

— Affirming.

This is an action filed in the Magoffin circuit court pursuant to the provisions of section 186c-6 et seq. to obtain the approval of the court for the issuing of bonds of the board of education for the county to the amount of $25,000 for the purpose of funding that amount of the board’s indebtedness, representing the entire accumulations of excess expenditures over and above revenues actually received for the scholastic years of 1928-1929 up to the present time. The judgment first rendered approving the issue was reversed by us in the case of…