Llano County v. Moore

HENRY, Associate Justice.

—During the term of office of appellee as county treasurer of Llano County the county constructed a court house. The county made a contract with one "White to build the house upon substantially the following terms of payment: That the county should issue its bonds and sell them and place the proceeds in some safe bank in the city of Austin, to be drawn out and paid to White as he earned the money. White agreed to pay all exchange and discount upon the bonds and all interest that might accrue on them previous to their being earned by him.

Hnder this agreement bonds were…