Baggerly v. Bainbridge State Bank

(After stating the foregoing-facts.)

Are the trustees of local school districts authorized by law to borrow money for the operation of the schools in their districts ? *561The lack of such power is strenuously pressed by counsel for the plaintiff in error; and-the proper answer to the above question is the first matter for our consideration. It is a settled rule that public officers have only such powers as are granted them; that they take nothing by implication; that the law granting their powers is to be strictly construed, and -that persons dealing with them must at their peril ascertain the…