Rowland v. City of Winchester

Opinion of the Court by

Clay, Commissioner—

Affirming.

This suit was brought by the City of Winchester against a citizen and taxpayer for a declaration of rights and court approval of a $12,000 funding bond issue. The lower Court approved the proposed refinancing.'

The City now has outstanding against it a judgment debt which, with interest and costs, amounts to something over $11,000. This judgment was affirmed recently in City of Winchester et al. v. Winchester Bank, 306 Ky. 45, 205 S. W. 2d 997, decided October 31, 1947.

The current revenues of the City are not sufficient to liquidate the…