Luter v. Pulaski County Hospital Assn.

Smith, J..The complaint filed by appellant, a taxpayer of Pulaski County, alleges “That the Pulaski County Hospital Association is a # * * corporation * * * under the laws of the State of Arkansas, * * * and, as such corporation, it proposes to build and finance a hospital by the sale of interest-bearing bonds, * * * which hospital it proposes to sell to Pulaski County, Arkansas, which sale will carry with it the assumption by said county of the said interest-bearing bonds * * The cost of the construction of the hospital will be about $600,000, a sum larger than the county can pay out of a…