Ballard-Hassett Co. v. City of Des Moines

— The city of Des Moines in. 1923 issued street improvement bonds to the approximate amount of $616,000, under the provisions of Chapter 8,.Title V of the Code of 1897, arL(^ conformity with Section 751 of the Supplemental Supplement of 19Í5. They were in-denominations of $1,000, and were 616 in number. The plaintiff is the owner' of Bond No. 616. The more formal parts being omitted, the following is a copy of his bond:

“The city of Des Moines, in the state of Iowa, promises to pay as hereafter stated to the bearer hereof on .the 1st day of May, 1942, or at any time prior thereto at the option…