Nolan v. Reading City

Citations

• 235 Pa. 367
• 84 A. 390
• 1912 Pa. LEXIS 552

Syllabus

<p>Municipalities — Bond—Sewer assessments — Failure to make adequate assessments.</p> <p>Where a city has issued bonds containing statements that the principal and interest of the bonds was secured solely by sewer assessments levied under a specified ordinance, that the city was only to be liable for the amount collected on such assessments, and that the requirements of the ordinance and laws had been fully complied with, a negligent failure on the part of the city to make an assessment adequate to provide for the whole of the bond issue renders the city liable to any bondholder whose bond has not been paid by reason of the inadequate assessment.</p>