Booth v. City of Owensboro

Opinion op the Court by

Stanley, Commissioner

Affirming.

By appropriate ordinances, passed and published in August, 1938, the Commissioners of the City of Owensboro provided for the issuance and sale of 3% bonds payable out of the revenues of the municipally owned electric light and power plant and water works, the former in the sum of $950,000 and the latter $350,000. The proceeds supplemented by a grant of $1,041,000 of the Federal government are to be expended for adding to and rehabilitating the two utility plants. On petitions signed by the requisite proportion of the voters of the City,…