Cleveland, S. & C. Ry. v. Norwalk (City)

Citations

• 25 Ohio C.C. Dec. 471
• 22 Ohio C.C. (n.s.) 590

Syllabus

<p>MUNICIPAL CORPORATIONS.</p> <p>1. Formal Publication of Resolution to Submit Issue of Municipal Electric Light Plant Bonds not Required.</p> <p>Act 102 O. L. 264, amending Secs. 3942 to 3947 G. C., authorizing the submission of certain municipal bond issues to electors and prescribing the legislation to he enacted, the amount, purpose, maturities of the bonds, place and time of election, contents and publication of election notice appears to make complete provision for the issuing of such bonds; hence, a resolution providing for the submission to electors, of an issue of bonds to erect a municipal electric light plant is not required to be published formally under Sec. 4228 G. C.</p> <p>2. Municipal Sinking Fund Trustees, Proper Authorities to Whom Offer of Issue of Electric Light Bonds Rather than to Board of Education, No School Commissioners Being Appointed.</p> <p>A board of education, in the absence of appointment of a “board of commissioners of the sinking fund” of the district, as provided by Sec. 7614 G. C., does not itself become the board of sinking fund commissioners to whom tender of an issue of municipal light bonds must be made as provided by Sec. 3922 G. C.; it is sufficient if the tender be made to the trustees of the sinking fund of the municipality of which such school district is a part.</p>