City of Ashland v. Bd. of Ed. of City of Ashland

Opinion op the Court by

Morris, Commissioner

Affirming.

The parties named above joined in a proceeding carried on under our Declaration of Rights Act, Civil Code of Practice, Section 639a — 1 et seq., in which it was sought to have rights declared under the following circumstances :

In 1929 the citizens of Ashland voted to issue $500,-000 of bonds to raise funds to be used in procuring school sites, erecting, improving, repairing and enlarging school buildings. Bonds were thereafter issued at various periods — 1930 to 1940 — to the amount of $315,-000. These issues bore different rates of…