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Legal Opinion · Dissent

Cortez v. Independence County

Supreme Court of Arkansas

Decided November 4, 1985No. 85-125Published

1DissentDarrell Hickman, Justice

Independence County obtained a low-interest loan for Arkansas College, a private Presbyterian institution. Article 12, section 5 of the Arkansas Constitution provides:

No county, city, town or other municipal corporation shall become a stockholder in any company, association or corporation; or obtain or appropriate money for, or loan its credit to, any corporation, association, institution or individual. (Italics supplied.)

The first sentence of Amendment 13 to the Arkansas Constitution reads: “Neither the State nor any city, county, town or other municipality in this State, shall ever lend its…

2Cases cited8 opinions

  1. Hunt v. McNairSupreme Court of the United States · 1973
  2. McArthur v. SmallwoodSupreme Court of Arkansas · 1955
  3. State Ex Rel. Beck v. City of YorkNebraska Supreme Court · 1957
  4. Village of Moyie Springs v. Aurora Manufacturing Co.Idaho Supreme Court · 1960
  5. Murphy v. EpesSupreme Court of Arkansas · 1984

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