Commissioners v. . Trust Co.

This is a controversy submitted upon an agreed statement (172) of facts without action, in regard to $151,000 of Surry County road bonds which were awarded to the defendant at its bid of par and accrued interest, this bid being the highest bid submitted pursuant to the published notice of sale. The defendant afterwards declined to take the bonds, alleging they were unconstitutional. The court sustained the validity of the bonds, and defendant appealed. On 3 March, 1919, the General Assembly ratified ch. 235, Public-Local Laws 1919, entitled "An act to create a highway commission for Surry…