Opinion of the Justices

The Honorable Chief Justice and Associate Justices

Supreme Court of Alabama Judicial Building Montgomery, Alabama

Gentlemen:

Act No. 126 adopted at the Second Special Session of the Legislature of Alabama of 1959 and approved on August 24, 1959, authorizes the creation of a public corporation and, for the purpose of constructing and improving public school and college buildings in the state, including the acquisition of sites and equipment therefor, grants to such corporation power to issue its bonds in anticipation of the receipt of a portion of the revenues devoted by law to educational…