Fox v. Boyle County Et Al.

Opinion op the Court by

Judge Willis —

Affirming.

The General Assembly, at its last session, passed two separate acts affecting the issuance of bonds by cities, counties, and taxing districts. One of the acts provided:

“All cities, counties, and taxing districts in the Commonwealth of Kentucky shall when issuing-bonds for any purpose whatsoever make provision that in addition to the payment of interest annually or semiannually, make provision that a certain proportion of said bonds shall fall due annually and shall be called in and paid off, so that (at) the final maturity all bonds shall have…