The Northwestern Reporter, Τόμος 261West Publishing Company, 1935 |
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Σελίδα 331
... issue bonds authorized by law did not give board implied power to issue bonds to raise money to construct or repair public buildings , for which board was author- ized by Constitution to borrow money ( Comp . Laws 1929 , § 1233 ; Const ...
... issue bonds authorized by law did not give board implied power to issue bonds to raise money to construct or repair public buildings , for which board was author- ized by Constitution to borrow money ( Comp . Laws 1929 , § 1233 ; Const ...
Σελίδα 332
... issues con- stituting funded indebtedness . The dis- tinction between power granted to borrow money and power to raise money by an issue of negotiable bonds was pointed out in Merrill v . Monticello , 138 U. S. 673 , 11 S. Ct . 441 ...
... issues con- stituting funded indebtedness . The dis- tinction between power granted to borrow money and power to raise money by an issue of negotiable bonds was pointed out in Merrill v . Monticello , 138 U. S. 673 , 11 S. Ct . 441 ...
Σελίδα 333
... issue , as evidence of the loan , negotiable bonds or commercial se- curities conferring upon bona fide holders immunity from defences . * * straining the issue and sale of the pro- posed bonds . The case being of public im- portance ...
... issue , as evidence of the loan , negotiable bonds or commercial se- curities conferring upon bona fide holders immunity from defences . * * straining the issue and sale of the pro- posed bonds . The case being of public im- portance ...
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