L'Engle v. Holmes

Citations

• 65 Fla. 179
• 61 So. 320

Syllabus

<p>When a board of county commissioners of a county deem that it is expedient to issue county bonds for the purpose of constructing paved, macadamized or other hard-surfaced highways and adopts a resolution, in accordance with the provisions of Section 786 of the General Statutes of 1906, wherein they determine that bonds shall be issued to the amount of one million dollars, running for a period of thirty years, bearing interest at the rate of 5% per annum, such bonds to be dated on a certain designated date, and it is further provided in such resolution that no more than $250,000.00 of these bonds shall be sold or proceeds used in any one year, and such resolution as adopted is published, in accordance with law, and at an election called for that purpose, which resulted in a ratification of such resolution by a majority of the votes cast, such restriction as to the issuance of such bonds is binding, and such board of county commissioners may be restrained, upon a bill filed by a citizen taxpayer, from issuing the whole series of bonds before tbe expiration of four years from tbe date so designated.</p>