SEARS v. STATE OF GA.

28983.

232 Ga. 547 (1974)

208 S.E.2d 93

SEARS v. STATE OF GEORGIA et al.

Supreme Court of Georgia.

Decided July 16, 1974.


Attorney(s) appearing for the Case

Jones, Bird & Howell, Arthur Howell, Harold N. Hill, Jr., Jack Spalding Schroder, Jr., for appellant.

Arthur K. Bolton, Attorney General, Lauren O. Buckland, Assistant Attorney General, Lewis R. Slaton, District Attorney, King & Spalding, Pope B. McIntire, Robert L. Steed, Gambrell & Mobley, John H. Mobley, II, for appellees.


HALL, Justice.

At issue in this appeal is the validity of $28,000,000 in State of Georgia General Obligation Bonds to be dated April 1, 1974, of which $12,000,000 was designated to finance land and buildings for the University System of Georgia and $16,000,000 to finance public roads and bridges. In reaching this issue, we necessarily adjudicate the constitutionality of a new system of state financing through general obligation bonds, which underlies the specific...

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