Hale v. Fiscal Court of Fulton County

Opinion op-the Court by

Morris, Commissioner

Reversing.

This is an appeal from a judgment holding valid a proposed so-called refunding bond issue to the amount of $280,000. The fiscal court, appellee, was plaintiff below, and the action apparently friendly, undertook to seek a declaration of rights.

In the early part of 1924 an election was held on the question as to whether or not there should be issued road and bridge bonds to the amount of $450,000. The proposal carried by a vote of more than 4 to 1. Thereafter, at various dates, $300,000 of bonds, bearing 5 per cent interest, were issued.

It…