WALKER, Circuit Judge.
This was an action on instruments purporting to be interest-bearing funding warrants, payable to bearer, of the city of Weslaco, a Texas municipal corporation, the appellant, issued pursuant to an ordinance of that city adopted July 20, 1926, authorizing the issue of funding warrants, payable to bearer, in the sum of $50,000 in lieu of the same amount of general indebtedness warrants issued by that city, dated July 15, 1926. The appellant denied...
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