Hastings v. Gault

This is an action by bondholders against the appellant to collect Barrett Law assessments. The appellant signed waivers in order to procure the privilege of paying the assessments upon his property in installments, and bonds were issued. This action is based upon his personal liability and also seeks foreclosure of the liens.

The improvement resolutions were adopted in 1927 and 1928. At that time the Barrett Law statute (Acts 1909, ch. 172, p. 412, § 7, Burns’ Ind. St. 1933, section 48-2722, section 11670, Baldwin’s Ind. St. 1934) provided : “Failure to pay any installment of principal or…