Kunz v. School Dist. No. 28

Citations

• 11 S.D. 578
• 79 N.W. 844
• 1899 S.D. LEXIS 50

Syllabus

<p>Laws 1879, Chapter 14, § 35, makes school districts bodies corporate with the usual power's of corporations for public purposes. Laws 1881, Chap. 24, §2, provides that the question submitted to the district shall be “the amount of bonds that shall be issued, and the time in which they shall be made payable.” Section 3 prescribes the character of the bonds, and limits the issue to $1,500, except in municipalities of more than 1,000 inhabitants. Held, that district officers were authorized to cancel unsold bonds regularly issued, and substitute therefor bonds specifying a different place of payment, the reissued bonds being- identical in amount with those canceled.</p>