Montgomery County v. Taylor

Opinion of the Court by

Wm. Rogers Clay, Commissioner

Reversing.

In 1853 Montgomery county, as then constituted, issued bonds for $200,000, due in thirty years, to aid in the construction of the Lexington & Big Sandy Railroad. In 1869 the Legislature created Menifee county. (See Acts 1896, vol. 1, p. 65.) Subsection 7 of that act is as follows:

“That nothing in this act shall be construed to release the citizens and property now subject to taxation within the boundary of the first section of this act from being held liable for the bonds and interest thereon which were issued to the Lexington &…