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HUTCHINSON, SHOCKEY CO. v. EVANSVILLE

No. 26S01-9412-CV-1239.

644 N.E.2d 1228 (1994)

HUTCHINSON, SHOCKEY, Erley & CO., Appellant-Defendant, v. EVANSVILLE-Vanderburgh County Building Authority, Appellee-Defendant, and the National City Bank of Evansville, Appellee-Plaintiff.

Supreme Court of Indiana.

Rehearing Denied May 17, 1995.

Attorney(s) appearing for the Case

Victor B. Maddox, David Tachau, Michael Q. Murray, Brown, Todd & Heyburn, Louisville, KY, for appellant Hutchinson, Shockey, Erley & Co.

F. Wesley Bowers, David E. Gray, Cedric Hustace, Bowers, Harrison, Kent & Miller, Evansville, for appellee Evansville-Vanderburgh County Building Authority.

David J. Emmert, Indianapolis, for amici curiae Indiana School Boards Ass'n.

J. Christopher White, Indianapolis, for amici curiae Indiana Bankers Ass'n and Peoples Bank & Trust Co.

Jane A. Seigel, Indianapolis, for amici curiae Indiana Ass'n Cities & Towns and Ass'n of Indiana Counties.

Terry E. Harris, Crawfordsville, for amicicuriae South Montgomery School Corp.

SULLIVAN, Justice.

We hold that holders of the Bonds issued in 1966 to finance construction of the Evansville Civic Center Complex are not entitled to receive payment before the stated maturity date of their bonds. We therefore grant transfer, vacate the decision of the Court of Appeals, Hutchinson, Shockey, Erley & Co. v. Evansville-Vanderburgh County Bldg. Auth. (1993), Ind. App., 626 N.E.2d 551, reh'g denied,

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