Portland Savings Bank v. City of Montesano

Citations

• 14 Wash. 570
• 45 P. 158
• 1896 Wash. LEXIS 410

Syllabus

<p>INTEREST — CITY WARRANTS — MANDAMUS TO COMPEL TAXATION.</p> <p>General fund warrants issued as a substitute for warrants drawn on a special fund should be so drawn that when paid they will amount to no more than the amount for which the latter were drawn, with simple interest thereon.</p> <p>Courts have no power by mandamus to require the levy of a special tax by a municipal corporation to provide for the payment of warrants drawn on a special fund, although without such levy there can be no immediate payment of such warrants, where the corporation has already levied a tax to the extent it is authorized to levy, and has exhausted the proceeds in the payment of necessary current expenses.</p>