Williams v. Parnell

Hart, C. J.,

(after stating the facts). It is argued that the act is in violation of at least the spirit of <§.1, article 16, of the Constitution, which reads:

“Neither the State nor any city, county, town or other municipality in this State shall ever loan its credit for any purpose whatever; nor shall any county, city, town or municipality ever issue any interest-bearing evidences of indebtedness, except such bonds as may be authorized by law to provide for and secure the payment of the present existing indebtedness, and the State shall never issue any interest-bearing treasury warrants or…