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PARDUE v. KENTUCKY SAVINGS BOND AUTHORITY

515 S.W.2d 89 (1974)

T. A. PARDUE etc., Appellant, v. KENTUCKY SAVINGS BOND AUTHORITY etc., Appellee.

Court of Appeals of Kentucky.

October 25, 1974.

Attorney(s) appearing for the Case

Amos H. Eblen, Eblen, Howard & Milner, Lexington, for appellant.

Jo M. Ferguson, Grafton, Ferguson, Fleischer & Harper, Louisville, for appellee.

STEPHENSON, Justice.

Franklin Circuit Court entered judgment holding Chapter 293, Kentucky Revised Statutes, to be valid. T. A. Pardue appeals. We affirm.

The 1972 General Assembly enacted the Kentucky Savings Bond Authority law, now compiled as Chapter 293 of Kentucky Revised Statutes, creating the "Kentucky Savings Bond Authority" as an independent agency of government to be directed and guided by seven commissioners. The bond authority is empowered to sell...

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