Fulkerson v. Refunding Board of Arkansas

This is the third attempt by the state to refund its outstanding bonded road indebtedness by the issuance and sale of bonds for that purpose since the renditions of the opinion of this court in the case of Scougale v. Page, 194 Ark. 280, 106 S.W.2d 1023, delivered June 14, 1937. The opinion in the case of Matthews v. Bailey, Governor, 198 Ark. 703, 130 S.W.2d 1006, delivered July 10, 1939, recites the facts relating to the first attempt which was made under the supposed authority of acts 130, 151 and 278 of 1937 and of act 257 of 1939. It was held that these acts did not confer the authority…