DENISON, Circuit Judge.
In the court below Eyer recovered a judgment against the county upon a note for $50,000, dated August 17, 1921, due in five months, with 6 per cent. interest. This note was payable to bearer, but was delivered to Eyer at its date in exchange for its face in cash, less 1¼ per cent. discount. Payment was refused. Section 157 of the Kentucky Constitution forbids any municipality to become indebted (except by a popular vote, which in this...
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