PHILLIPS, Circuit Judge.
This is an action at law brought by Gerald Parker, Fred L. Dickey and J. Gist Search against the Roswell drainage district on certain negotiable bonds and interest coupons issued by it.
The district is a quasi-municipal corporation created under chapter 84, N. M. Sess. Laws 1912. This act has been amended in certain particulars not material here. The amended act appears as sections 40-101 to 40-187, N. M. Comp. St. 1929. The provisions...
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