State v. Village of Brooklyn

The two issues in these cases, substantially stated, are: Whether the relators, who did not consent to the refunding program, should be preferred over the “consenters” in the payment of their bonds; and whether the relator Bruml is entitled to interest upon interest accruing upon his bonds.

The respondents take the position that the order issued by this court in the earlier case contemplated that all of the bondholders of the village of Brooklyn, including the holders of refunding bonds as well as the relators holding original or unrefunded bonds, should be protected in accordance with their…