Vollmer v. Village of Amherst

The action in the Court of Common Pleas challenged the validity of an issue of $80,000 mortgage revenue bonds issued by the village of Amherst, Ohio, to in part finance the construction of an electric generating plant intended to furnish electric energy to the village and its inhabitants. For some years past the village has owned and operated its own electric distribution system, over which system it has distributed electric energy purchased from The Ohio Public Service Company.

In September of 1938, the board of trustees of public affairs of the village of Amherst entered into negotiations…