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  5. 48 F.Supp. 225 (1943)
 

FIRST NAT. BANK, ETC. v. STREET IMP. DIST. NO. 326, ETC.

No. 596.

48 F.Supp. 225 (1943)

FIRST NAT. BANK AT EAST ST. LOUIS v. STREET IMP. DIST. NO. 326 OF CITY OF LITTLE ROCK, ARK., et al. (FIRST NAT. BANK OF ST. LOUIS et al., Interveners).

District Court, E. D. Arkansas, W. D.

January 5, 1943.

Attorney(s) appearing for the Case

Owens, Ehrman & McHaney, of Little Rock, Ark. (Taylor Smith, of Farmington, Mo., on the brief), for plaintiff and interveners.

L. P. Biggs and Wallace Townsend, both of Little Rock, Ark., for defendant.

TRIMBLE, District Judge.

Street Improvement District No. 326 of the City of Little Rock, Arkansas, was a legally organized and existing corporate entity under the laws of the State of Arkansas, and as such was authorized to issue bonds to be repaid by funds derived from the collection of assessments of benefits upon the real property in the district. Pursuant to this authority on January 1, 1924, the Improvement District...

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