Citation Numbers: 144 S.E. 925, 196 N.C. 15, 1928 N.C. LEXIS 260
Judges: Stacy
Filed Date: 9/12/1928
Status: Precedential
Modified Date: 10/19/2024
Civil action to determine the validity of certain proposed bonds of Beaufort County. *Page 16
At the regular August, 1928, meeting of the board of commissioners of Beaufort County, a resolution was duly adopted, agreeably to the provisions of chapter 81, Public Laws of 1927, authorizing the issuance of Beaufort County bonds in the sum of $125,000.00 for the purpose of funding the outstanding indebtedness of said county, exclusive of school indebtedness, incurred prior to 1 July, 1927, which said indebtedness was contracted for the necessary expenses of the county.
From a judgment sustaining a demurrer to the complaint and holding the bonds in question to be valid obligations of Beaufort County and denying the prayer for injunctive relief, the plaintiff appeals, assigning error.
As the bonds in question are to be issued in accordance with the provisions of the County Finance Act, chapter 81, Public Laws 1927, for the purpose of funding valid and binding obligations of Beaufort County, incurred prior to 1 July, 1927, for the necessary expenses of the county, the special county purposes appearing from resolutions duly adopted, it is difficult to perceive upon what ground the bonds may be successfully assailed in view of our holdings in Commissioners of McDowell v. Assell,
Affirmed.