Fiscal Court Scott Co. v. Davidson, Co. Treas.

Opinion of the Court by

Judge Richardson

Affirming.

The fiscal court of Scott county has issued $227,000 of bonds, under section 4307. In accordance with a vote taken under section 4307b-l, it has heretofore annually levied and now levies and collects, not exceeding 20 cents on the $100 on all property subject to local taxation with which to pay the interest and the bonds as they mature, and to create a sinking fund for that purpose. On November 23, 1934, there was to the credit of the sinking fund thus created about $8,069.

Section 14 of the act of the General Assembly, Extra Session 1934…