Matz v. City of Newport

Opinion op the Court by

Morris, Commissioner—

Affirming.

Appellee, a city of the second class operating under the commission plan of government, on June 2,. 1936, by its commissioners adopted an ordinance authorizing the issuance of $250,000 of 4 per cent, bonds,, maturing serially over a period of twenty years, provided that upon submission to a court of jurisdiction, as required by section 186c-6, Ky. Stats. 1933 Supp., such court should approve its action. In the ordinance and by the petition and exhibits the following facts are exemplified.

The city is authorized under section 157 of the…