City of Newport v. Newport National Bank

Opinion op the Court by

William Rogers Clay, Commissioner —

Affirming.

The city of Newport, a municipal corporation of the second class, brought this action for specific performance against the Newport National Bank, to compel it to take and pay for, in accordance with its bid, an issue of street improvement, bonds, amounting to $100,000. A demurrer was sustained to the petition as amended, and the petition and the amended petition were dismissed. From that judgment, the city appeals. .

It appears from the petition and amended petition that on September 9, 1909, the Board of Aldermen of the city…