STATE, EX REL. SAXBE v. BRAND

No. 38466.

176 Ohio St. 44 (1964)

THE STATE, EX REL. SAXBE, ATTY. GENL., v. BRAND ET AL., OHIO DEVELOPMENT FINANCING COMMISSION.

Supreme Court of Ohio.

Decided March 18, 1964.


Attorney(s) appearing for the Case

Mr. William B. Saxbe, attorney general, and Mr. Larry H. Snyder, for relator.

Messrs. Squire, Sanders & Dempsey, Mr. Henry J. Crawford, Mr. John Lansdale, Mr. Richard K. Desmond and Mr. Eben Crawford, for respondents.


TAFT, C. J.

Relator's first contention is that Sections 122.13 to 122.36, Revised Code, are invalid by reason of the limitations on legislative power set forth in Section 4 of Article VIII of the Constitution of Ohio, which reads:

"The credit of the state shall not, in any manner, be given or loaned to, or in aid of, any individual association or corporation whatever; nor shall the state ever hereafter become a joint owner, or stockholder, in any company or...

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