Billings v. Bankers' Bond Co.

Opinion op the Court by

Chiep Justice Sampson—

Reversing.

Only a few miles from Owensboro, in Daviess county, is the village of Thruston, from which all highways diverge. It is surrounded by a rich farming country; its citizenship is high class and especially ambitious for schools. The county board of education owns an eight-acre tract of land suitable for school purposes. It was acquired for the purpose of erecting thereon a school building of the size and requirements which the district believed was needed. As the cost was estimated at something like $50,000.00 it is easy to determine, under…