Bessemer Properties v. City of Miami

Suit by the City of Miami, a municipal corporation, against Bessemer Properties, Incorporated, for a declaratory judgment as to the validity and effect of certificates of indebtedness to be issued by the city to finance the construction of a public library. From a decree construing the certificates and holding that city may validly issue them, defendant appeals.

Decree affirmed in part and reversed in part, and cause remanded for further proceedings not inconsistent with opinion. The appeal is from a declaratory decree entered in favor of the City of Miami, the plaintiff in the court below.

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