Holzhauer v. City of Newport
Court of Appeals of Kentucky
Case 70 — PETITION EQUITY — 1. Where a city is indebted to the extent of twelve per cent, of the assessed value of all the taxable“property in the city, no further indebtedness except for ordinary current expenses necessary to carry on the machinery of the government of the city can be incurred until the indebtedness is reduced to ten per cent, of the assessment value of the taxable property in the city; and if it was indebted to the extent of ten per cent, at the time of…
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Case 70 — PETITION EQUITY — 1. Where a city is indebted to the extent of twelve per cent, of the assessed value of all the taxable“property in the city, no further indebtedness except for ordinary current expenses necessary to carry on the machinery of the government of the city can be incurred until the indebtedness is reduced to ten per cent, of the assessment value of the taxable property in the city; and if it was indebted to the extent of ten per cent, at the time of the adoption of the new Constitution and has such authority under laws in force prior to the adoption of the Constitution,…
1Opinion of the Court
JUDGE HAZELBIGG
delivered the opinion oe the court.
On June 2, 1892, the city council of the city of Newport, Kentucky, acting under and by virtue of the authority conferred on it by an act of the Legislature of Kentucky, entitled “An act to amend the charter of the city of Newport, authorizing the reconstruction of its streets, and to pay for same by an issual of bonds of the city,” approved April 24, 1890, passed a resolution providing for the reconstruction of Monmouth street, by grading, curbing, &c., and pav*400ing same with brick. In September thereafter a contract to do the work was entered…
2Cited by24 opinions
- City Louisville v. Commonwealth for School BoardCourt of Appeals of Kentucky · 1909
- Beard v. City of HopkinsvilleCourt of Appeals of Kentucky · 1894
- Williams v. WeddingCourt of Appeals of Kentucky · 1915
- Eminence Distillery Co. v. Henry County Board of SupervisorsCourt of Appeals of Kentucky · 1918
- Button v. HikesCourt of Appeals of Kentucky (pre-1976) · 1943
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