BANKERS LIFE CO. v. CITY OF LITTLEFIELD, TEX.

No. 8529.

93 F.2d 152 (1937)

BANKERS LIFE CO. v. CITY OF LITTLEFIELD, TEX., et al.

Circuit Court of Appeals, Fifth Circuit.

December 7, 1937.


Attorney(s) appearing for the Case

E. A. Coker, of Dallas, Tex., for appellant.

Chas. C. Crenshaw and Elmer East, both of Lubbock, Tex., James G. Martin, of Wichita, Kan., A. B. Huguenin, of Dallas, Tex., and E. S. Rowe, of Littlefield, Tex., for appellees.

Before HUTCHESON and HOLMES, Circuit Judges, and STRUM, District Judge.


HOLMES, Circuit Judge.

The City of Littlefield, Texas, was incorporated in 1924. Thereafter, the city issued its negotiable bonds and warrants on the dates, in the amounts, and of the maturities set forth in the following tabulated statement:

  Original                          Amount
  Amount        Purpose         Outstanding    Date     Rate

   $75,000 Waterworks               $74,000   4-15-25    6%
    75,000 Sewer                     74,000...

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