Adams v. City of Durham

From tbe facts properly presented at tbe bearing and deemed pertinent to tbe inquiry, it appears that tbe city of Durham has now on band a fund amounting to $250,000.00, tbe proceeds of tbe sale of a city lot on which was erected a building used for city governmental offices, an academy of music, etc. Tbe said fund consists of cash to tbe amount of $150,000.00 and tbe remainder of solvent and secured purchase-money notes payable in May, 1925. That tbe city owns a desirable lot, accessible and centrally located, on which they have constructed tbe governmental and administrative offices of tbe…