State v. City of Sanford

The appeal is from final decree validating bonds of the City of Sanford in the sum of $5,900,000.00 in two series, “A” and “B,” series “A” in the principal sum of $5,274,000.00 and series “B” in the principal sum of $626,000.00. Series “A” is to be exchanged for all the outstanding bonds and certificates of indebtedness of the City of Sanford except two issues designated “Public Utility Bonds” dated January 1, 1924, and “Improvement Bonds Sei'ies CC” dated July 1, 1926. On the latter bonds and certificates of indebtedness outstanding judgments have been obtained in the principal sum of…