Board of Commissioners v. State
Citations
- 91 Ohio St. (N.S.) 145
Syllabus
<p>County commissioners — Award of .county money to banks — Offering highest rate of interest — Sufficiency of security for active and inactive deposits — Provisions of Section 2717, General Code, are mandatory, when.</p> <p>The provision in Section 2717, General Code, that the county commissioners shall award the use of the county money to the bank that offers the highest rate of interest therefor, provided proper sureties, securities or both, are tendered in the proposal, is mandatory, and those officials cannot refuse to award the use of the inactive deposits of the county to a bank offering the highest rate of interest therefor, for the sole reason that in its proposal for the inactive deposits it names as sureties the same individuals named in its proposal for the use of the active deposits of the county.</p>
Judges: Donahue, Johnson, Newman, Nichols, Shauck, Wanamaker, Wilkin
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