Mudge v. Evanston (Vil.)

Citations

• 19 Ohio C.C. Dec. 201
• 7 Ohio C.C. (n.s.) 197
• 1905 Ohio Misc. LEXIS 449

Syllabus

<p>ASSESSMENTS — INTEREST.</p> <p>Jelke, Swing and Giffen, JJ.</p> <p>Interest on Municipal Assessments Levied Before Passage op Rev. Stat. 1536-292 (Lan. 4017) should be Reduced by Amount of Premium on Sale op Bonds.</p> <p>Before the passage of Rev. Stat. 1536-292 (Lan. 4017), the premium obtained by the sale of bonds for municipal improvements should go to reduce the interest charged against property holders on their deferred assessment installments, and should not be applied to reduce the amount of such installments.</p> <p>[Por other cases in point, see 1 Cye. Dig., “Assessments,” § 299. — Ed.]</p> <p>[Syllabus approved by the court.]</p>