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HOLLY v. CITY OF ELIZABETHTON

241 S.W.2d 1001 (1951)

HOLLY v. CITY OF ELIZABETHTON et al.

Supreme Court of Tennessee.

August 31, 1951.

Attorney(s) appearing for the Case

Hallie K. Riner, Elizabethton, for plaintiff.

Roy H. Beeler, Atty. Gen., Thomas H. Goodman and Allison B. Humphreys, Jr., Asst. Attys. Gen., Cecil Sims, Nashville, Oscar M. Fair, Jr., and George F. Dugger, Elizabethton, for defendants.

TOMLINSON, Justice.

Acting under the authority supposed to be given by Chapter 137 of the Public Acts of 1951, the defendant municipality of Elizabethton authorized the issuance of $4,000,000 of "Industrial Building Revenue Bonds" for the purchase of a site and the erection thereon of an "industrial building" for lease to defendant corporation, Textron, Inc., to be used by Textron, Inc., for manufacturing, industrial and commercial purposes.

Complainant, by...

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