BOLAND, J.
SUMMARY
This appeal raises an issue of statutory construction. Does the Improvement Act of 1911 allow the holder of a newly-apportioned improvement bond to maintain a foreclosure action based on unpaid apportioned penalties that accrued under a predecessor bond, if the property owner has tendered the apportioned principal and the delinquent interest on the predecessor bond, but refuses to pay the penalties? We conclude the answer is "yes."
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