Winston County v. Louisville Home Bank

Ethridge, J.,

delivered the dissenting opinion of the court.

I cannot agree with my brethren on the construction placed upon section 4353, Code 1930.

The manifest purpose of this section is to secure, to the holders of county warrants, prompt payment when presented to the depository. The evil designed to be remedied by its enactment was the release of money held by state, county, and municipalities under conditions presented by the statute, so that such money could be in circulation rather than tied up in the treasuries of state, county, and municipalities for long periods of time. .

It was the…