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BAKER v. MILAM

231 S.W.2d 381 (1950)

BAKER et al. v. MILAM, County Judge, et al.

Supreme Court of Tennessee.

June 9, 1950.

Attorney(s) appearing for the Case

Ross & Ross, Savannah, for appellants (intervening petitioners).

W. H. Fisher, Memphis, for complainants (appellees).

E. C. Kennedy, Decaturville, for defendant Otto Milam.

TOMLINSON, Justice.

By a resolution adopted at its July 1946 term, the Decatur County Quarterly Court directed the issuance of $50,000.00 of those school bonds contemplated by Chapter 60 of the Act of 1911, code commencing at § 2557, for the purpose of building a school at Parsons. At the time of the passage of this resolution the amount of bonds which could be issued under this statute was limited to 3% of the value...

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