Capital City Bank v. Board of Com'rs

Citations

• 27 N.M. 541
• 203 P. 535

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>The Bateman Act is no defense to an action to recover judgment on certificates of indebtedness issued by a county in anticipation of the collection of a special tax levy, and payable from the proceeds of that levy, where the levy produced sufficient funds to pay the certificates, but the funds were diverted to other purposes.</p>