First Trust Co. v. County Board of Education

ANDREW- M. J. COCHRAN, District Judge.

This suit is befóre me on final hearing and for decree. The relief sought is the removal of a cloud on plaintiffs’ title to sixteen interest-beáring bonds for $1,000 each, amounting in all to $16,000, dated December 1, 19-29, and due $5,000 December 1, 1945; $5,000 December 1,1946; and $6,000 December 1,1947, issued and sold by defendant December 30, 1929, to Magnus & Co. of Cincinnati, Ohio, for $16,026.27, principal and interest to that date paid to the defendant’s treasurer. The plaintiffs, citizens of Minnesota, purchased same, for value, without…