Application of Fun Country Develop. Authority

DOOLIN, Justice.

This case is submitted on an original and uncon tested application by petitioner. Fun Country Development Authority, asks this court to assume jurisdiction and determine the validity of promissory revenue notes or bonds issued to finance the construction, development and expansion of certain television properties. The application further seeks determination of whether the development and expansion of television capabilities as herein contemplated are the proper subjects for a public trust under 60 O.S.1971 § 176 et seq, as amended.

There can be no doubt that this court has in…