Choctaw County v. Tennison

Section 5977, Code 1930, reads as follows: “Every municipality and every county in this state which has or may hereafter have legal and undisputed outstanding-warrants or other obligations, and insufficient funds in the treasury to pay them or any of them, is empowered and required to at once prepare for, and take up such warrants and other obligations from the proceeds of serial bonds which shall be issued for such purpose, as is provided by law for issuance of bonds for the payment of outstanding obligations. Such bonds to pay such outstanding obligations shall be issued regardless of the…