City Nat. Bank of Fort Smith v. Incorporated Town of Kiowa

Opinion by

LOGSDON, O.

There are 16 assignments of error in the petition in error, but these are reduced to and covered by nine propositions in the brief and argument of plaintiff. As stated by plaintiff at page 37 of its brief:

“The principal questions arising on the record relate to (1) the power of the Town of Kiowa to sell its water and light plant to the Kiowa Ice, Light & Water Company; (2) the right of the latter 'company to mortgage all the property to E. G. Burnley for the purpose of securing said Burnley for the money advanced to said company by said Burnley; (3) the validity of the…