Jacksonville Port Authority v. State

ROBERTS, Justice.

We here review on direct appeal, as authorized by Sec. 4, revised Article V, Fla. Const., F.S.A., a final decree entered in statutory bond validation proceedings instituted by the Jacksonville Port Authority, appellant here, (“the Port Authority” hereafter) in the Circuit Court of Duval County, Florida. The decree here reviewed held that the revenue bonds proposed to be issued by the Port Authority were not en*826titled to validation. We do not agree for the reasons hereafter stated.

The instant litigation had its inception in 1912 when the Legislature authorized the City of…