Donna Irr. Dist. v. West Coast Life Ins. Co.

SLATTON, Justice.

West Coast Life Insurance Company filed its petition in the Ninety-Second district court of Hidalgo county, Tex., alleging it was the owner of matured in- te'rest coupons aggregating- $2,000, accrued on ten bonds issued by Donna Irrigation District, Hidalgo County, No. 1. The petition alleged that it was a bona fide holder of said, bonds, having paid value therefor, and relied on certain recitations that said bonds were good and valid. It was alleged that the .district had issued certain refunding bonds, and was attempting to apply to the payment of such refunding bonds,…