MATHEWS, Justice.
This is an appeal from a final declaratory decree wherein the appellee brought a bill for declaratory decree against Bessemer Properties, Incorporated. The purpose of the suit was to validate certificates of indebtedness in the amount of $70,000 payable from a franchise granted to the Florida Power & Light Company, for the purpose of securing money to acquire real property and to construct a jail, city hall and other facilities which were declared...
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