Sebern v. Cobb

— This proceeding was instituted by the board of commissioners of Drainage District No. 2, by petition, under the provisions of Sess. Laws 1925, e. 21, p. 29, to procure the ratification, approval and confirmation of an issue of bonds refunding two outstanding issues of bonds of the district, one in the sum of $480,500, bearing interest at seven per cent per annum, issued and dated August 1, 1920, and $40,000 in amount thereof maturing August 1, 1926, and a portion each year thereafter, the last on August 1, 1934, the other issue in the sum of $65,000, bearing six and one-half per cent…