Osborne v. Stripling

Citations

• 81 Fla. 375
• 88 So. 265

Syllabus

<p>1. Section 798 of the General Statutes of 1906 makes the due issuance, of bonds for constructing roads a prerequisite to the levy of a tax to meet interest payments and for a sinking fund to pay the bonds at maturity.</p> <p>2. ' Bonds have not been issued when no acceptable bids have been received for them and no specific offer to sell them at a stated permissible price has been made and accepted, and the bonds, though authorized to be sold, have not been prepared for execution and delivery.</p>