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CITY OF LOUISVILLE M. H. COM'N v. PUBLIC HOUSING ADMIN.

261 S.W.2d 286 (1953)

CITY OF LOUISVILLE MUNICIPAL HOUSING COMMISSION v. PUBLIC HOUSING ADMINISTRATION.

Court of Appeals of Kentucky.

As Modified on Denial of Rehearing October 16, 1953.

Attorney(s) appearing for the Case

N. H. Dosker and James W. Stites, Louisville, for appellant.

David C. Walls, U. S. Atty., Charles F. Wood, Asst. U. S. Atty., Louisville, and Lawrence Davern, Washington, D. C., for appellee.

Charles I. Dawson, Earl S. Wilson and Lee Curd Miller, Louisville, amici curiæ.

COMBS, Justice.

Section 177 of the Constitution of Kentucky prohibits the Commonwealth from becoming an owner or stockholder in "any company, association or corporation". Section 179 prohibits any county or subdivision thereof, city, town or incorporated district from becoming "a stockholder in any company, association or corporation".

The question on this appeal is whether the City of Louisville Municipal Housing Commission

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