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McKELDIN v. STEEDMAN

[No. 35, October Term, 1953 (Adv.).]

203 Md. 89 (1953)

98 A.2d 561

McKELDIN, GOVERNOR, ET AL. v. STEEDMAN (Two Appeals in One Record)

Court of Appeals of Maryland.

Decided July 2, 1953.

Attorney(s) appearing for the Case

J. Edgar Harvey, Deputy Attorney General, and Ambrose T. Hartman, Assistant Attorney General, with whom was Edward D.E. Rollins, Attorney General, on the brief, for the appellants.

Harry J. Green and John J. Ghingher, Jr., with whom were Leonard Weinberg and Weinberg & Green on the brief, for the appellee.

The cause was argued before SOBELOFF, C.J., and DELAPLAINE, COLLINS, HENDERSON and HAMMOND, JJ.

SOBELOFF, C.J., delivered the opinion of the Court.

A taxpayer is here seeking an adjudication as to the validity of Chapter 780 of the Acts of the General Assembly of 1953. This measure, known as the "General Construction Loan of 1953", authorizes the Board of Public Works to create a debt in the sum of $15,040,950, and provides for the issuance of bonds to be discharged according to what is known as the serial annuity plan within fifteen years.

Section 8...

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