Kiles v. Trinchera Irr. Dist.

PHILLIPS, Circuit Judge.

Prior to April 1, 1911, the Trinchera Irrigation District, a public corporation,1 was organized under the Colorado Irrigation District Law of 1905 (Ch. 90, §§ 377-431, 1935 C.S.A.). It embraced approximately 56,000 acres of land. Water is available for the irrigation of only about 12,000 acres and approximately 44,000 acres of the land within the District is situated above the irrigation ditches.

On April 1, 1911, the District issued its bonds pursuant to § 3455, Colo. R. S. 1908 (Ch. 90, § 392, 1935 C.S.A.), in the principal sum of $650,000. It also issued warrants of…