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BENNETT v. CITY OF MAYFIELD

323 S.W.2d 573 (1959)

Will J. BENNETT et al., Appellants, v. CITY OF MAYFIELD, Ky., et al., Appellees.

Court of Appeals of Kentucky.

April 17, 1959.

Attorney(s) appearing for the Case

Roy A. Roberts, Mayfield, for appellants.

Sam Boyd Neely, Mayfield, Skaggs, Hays & Fahey, Louisville, F. W. Knowlton and Joseph M. Leyden, Akron, Ohio, for appellees.

STANLEY, Commissioner.

In order to relieve conditions of unemployment, the City of Mayfield is proposing to issue $9,500,000 of revenue bonds for the acquisition of a site and construction of an industrial plant and to lease the same under authority of KRS 103.200-103.280. The council has adopted appropriate preliminary ordinances and approved a form of contract of lease and rent of the property to the General Tire and Rubber Company of Akron, Ohio, a nationally known...

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