Dime Deposit & Discount Bank v. Scranton

Citations

• 208 Pa. 383
• 57 A. 770
• 1904 Pa. LEXIS 770

Syllabus

<p>Municipalities — Assessments—Bonds—Negligence.</p> <p>Where a city issues bonds to pay the cost of paving, and it is provided that the bonds shall be payable only out of assessments levied on and collected by the city from property owners, and the city is grossly negligent in filing liens and in failing to issue sci. fas. upon the liens, and the assessments are in many cases lost, the city is liable to the bondholders for the amount of the loss.</p>