City Council v. Powell
Court of Appeals of Kentucky
Case 2 — AGREED CASE 1. Under the provisions .of sections 157 and 184 of our Constitution, it was manifestly the policy of the framers thereof to limit the creation of indebtedness by municipalities, districts, etc., for all purposes other than school purposes, and those limitations were intended to and did under section 157, relate exclusively to indebtedness contracted for municipal purposes, and did not apply to raising money for school purposes. 2. While the issual of…
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Case 2 — AGREED CASE 1. Under the provisions .of sections 157 and 184 of our Constitution, it was manifestly the policy of the framers thereof to limit the creation of indebtedness by municipalities, districts, etc., for all purposes other than school purposes, and those limitations were intended to and did under section 157, relate exclusively to indebtedness contracted for municipal purposes, and did not apply to raising money for school purposes. 2. While the issual of twenty-two thousand dollars worth of bonds is in excess of the amount which could be raised by the levy of fifty cents on…
1Opinion of the Court
JUDGE PRYOR
delivered the opinion op the court:
The board of education of the city of Richmond and the city council leased a lot of ground for the purpose of erecting apublic school building upon it, at a cost of about $22,000. The mode of payment contemplated is in city bonds, paya*9ble in twenty yeai's, but redeemable in five years, tbe interest to be paid annually, and a tax of thirteen cent» levied for that purpose and to create a sinking fund, with which to pay the principal. The proceeding on the part of the board of education and the council is authorized by an act of the General Assembly…
2Cited by8 opinions
- City of Louisville v. Board of EducationCourt of Appeals of Kentucky · 1913
- Brown v. Board of EducationCourt of Appeals of Kentucky · 1900
- Southern Bitulithic Co. v. DeTrevilleCourt of Appeals of Kentucky · 1913
- Ramsey v. City of ShelbyvilleCourt of Appeals of Kentucky · 1904
- Commonwealth v. Louisville & Nashville R. R.Court of Appeals of Kentucky · 1899
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