Rose v. Owen County

Opinion op the Court by

Judge Stites

Affirming.

This is an appeal from a judgment of the Owen circuit court sitting in equity, wherein it approved the issuance of refunding bonds in the amount of $20,000 for the purpose of liquidating the floating indebtedness of the county. It was shown by the testimony of the county judge, and by a certified list of the specific outstanding claims, that a valid floating indebtedness in the amount of $19,624.68 existed against the county, and that the interest on this amount to the date of the proposed issuance of bonds brought the total to an amount slightly…