City of Richmond v. Durham

Opinion op the Court by

Judge Stites —

Reversing.

This is a proceeding under chapter 22 of the Acts of 1932 (Ky. Stats, secs. 186c-6 and 186c-7, 1933 Supplement) for the approval of a proposed issue of bonds necessary to fund the floating indebtedness of the city of Richmond. It is alleged and proved that a part of the indebtedness sought to be funded consists in an item of $14,378.08 representing a valid emergency overexpenditure in connection with the construction of sewers and a sewer disposal plant during the years 1928 and 1929. An itemized statement of every expenditure made in this…