Jordan v. City of Greenville
This text of 60 S.E. 973 (Jordan v. City of Greenville) is published on Counsel Stack Legal Research, covering Supreme Court of South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The opinion of the Court was delivered by
This is an application to the Court, in the exercise of its original jurisdiction, for an order enjoining die City of Greenville from issuing bonds sufficient to refund certain bonded indebtedness- existing at the time the Constitution of 1895 was adopted. The original indebtedness amounted to $18,000.
*437 The case of Allen v. Adams, 66 S. C., 344, 44 S. E., 938, shows that this ground is untenable. See, also, State v. Brock, 66 S. C., 357.
In Article VIII, Section 7, of the Constitution, is the following provision: “Nothing herein contained shall prevent the issuing of bonds to an amount sufficient to refund bonded indebtedness existing at the time of the adoption of this Constitution.”
Section 2015 of the Code of Laws contains this provision: “Any city, town, township, or other municipal corporation, for the purpose of refunding or paying the whole or any part of its bonded indebtedness existing at the time of the adoption of the present Constitution, whether the same has matured or not, and any unpaid interest thereon, shall be, and is hereby, authorized and empowered to issue its nego¡tiaible coupon bonds from time to time, and in such amounts as shall be proper, and to use and dispose of the same, either by sale or exchange, for the purposes aforesaid.”
The case of McCreight v. Camden, 49 S. C., 78, 26 S. E., 984, in which the foregoing provision of the Constitution was construed, decides that a city may issue bonds to refund outstanding maturing bonds without submitting the question to the qualified electors of the municipality, when so authorized by its charter. This ground can not be sustained.
The last ground urged by the petitioner is “that the said issue is not authorized by the said Constitution or the laws of South Carolina.”
The petitioner, in this ground, has failed to specify in what particulars the issue of the bonds is not authorized.
It is the judgment of the Court, that the petition be dismissed.
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60 S.E. 973, 79 S.C. 436, 1908 S.C. LEXIS 95, Counsel Stack Legal Research, https://law.counselstack.com/opinion/jordan-v-city-of-greenville-sc-1908.