Wilson v. Board of Education

Opinion ' of the Court by

Chief Justice Clay—

Affirming in part and reversing in part.

In the year 1908, the board of education of the Russellville graded school district, with the assent of two- thirds of the voters voting at an election regularly called and held for that purpose, issued bonds to the amount of $12,500 for the purpose of providing school facilities for the district. About one-half of these bonds are outstanding, while the other half has been paid with money borrowed for that purpose. Recently the board of education entered into a contract by which it agreed to pay its…