Miles v. Lee

143 S.W.2d 843, 284 Ky. 39, 1940 Ky. LEXIS 436
CourtCourt of Appeals of Kentucky (pre-1976)
DecidedOctober 8, 1940
StatusPublished
Cited by4 cases

This text of 143 S.W.2d 843 (Miles v. Lee) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky (pre-1976) primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Miles v. Lee, 143 S.W.2d 843, 284 Ky. 39, 1940 Ky. LEXIS 436 (Ky. 1940).

Opinion

Opinion of the Court by

Judge Tilford

Affirming.

Bowman Field is an airport, comprising within its boundaries over 200 acres of land and situated approximately one-half mile east of the corporate limits of Louisville. It is operated by the Louisville and Jefferson County Air Board, a body politic created in accordance with the provisions of Section 938j-1, Kentucky Statutes. East of and separated from it by a county road, known as Cannon’s Lane, are 100 acres appearing in this record as the Marshall property.

For several years the Air Board had contemplated purchasing the Marshall property in order to protect the present runways on Bowman Field and provide for the future extension of the airport’s facilities. However, the Fiscal Court of Jefferson County was of the opinion that the price of $1,000 per acre asked by the owners was too high, and failed to make any provision for its purchase in levying taxes for the fiscal year 1940-1941. Subsequently the immediate acquisition of the Marshall property became desirable in order that it *42 might he leased to the United States Government for use in connection with the National Defense Program. For many years the army has maintained permanent hangars on the. field and now proposes to construct on the additional acreage, if acquired and leased to ' the Government at a nominal rental, approximately one hundred buildings of temporary character, with sewerage and other facilities, for the housing of approximately two hundred officers and two thousand two hundred enlisted men during the present national emergency.

The one-half cent per one hundred dollars valuation of taxable property, levied as a tax by the Fiscal Court for the purposes of the Air Board for the fiscal year 1940-1941, being obviously insufficient to defray more than ordinary maintenance and operating expenses, the bankers of Louisville, in response to requests for assistance from members of the Air Board and other public bodies, and inspired no doubt by patriotic motives, offered through a committee of their clearing house association to advance the money necessary for the acquisition of the Marshall property without the Air Board or the Fiscal Court officially obligating themselves for its repayment, provided the banks could acquire a lien on the land purchased and be assured by the members of the Air Board and of the Fiscal Court that a sufficient tax would be levied during the ensuing year to enable the Board to discharge the lien.

On September 16, 1940, the interested parties “memorialized their intent,” to use the language of the chancellor, in three letters, which, because they were adjudged to constitute the whole agreement, we shall set forth with minor omissions.

(1)
“The Louisville Trust Co.
“Louisville, Ky.
“September 16, 1940
“Honorable Mark Beauchamp
“Chairman
“Fiscal Court, Jefferson County
“Louisville, Kentucky
“My Dear Judge Beauchamp:
“This is to inform you that all of the banks *43 constituting the Louisville Clearing House Association have agreed to participate in an advancement to cover the purchase price of 100 acres of land belonging to the Marshall Estate, which are to be acquired by the Louisville and Jefferson County Air Board by condemnation proceedings. It is contemplated that the amount fixed by condemnation •will not exceed $100,000. * * *
“It is further contemplated that the following steps will be taken in connection with this advancement :
“ (1) A judgment will be entered by the Jefferson Circuit Court in which will be a provision directing the Commissioner of the Court, in the preparation of the deed given to the Air Board, to reserve a lien against the property in favor of the Banks, each bank being named as the record-holder of a lien of equal dignity with the liens of all other banks to the extent of the interest of such bank in and to the entire lien interest.
“(2) The judgment should also contain a recital to the effect that the money to pay the judgment has, at tne request of the Air Board, been advanced by the banks named, and that pursuant to the agreement of the Air Board, the deed to be issued to the property by the Commissioner of the Court should contain a reservation of a lien in favor of the banks to the extent of the amount of money advanced by the banks.
“(3) The Air Board, pursuant to a resolution duly adopted, should execute and deliver to the banks an instrument reciting that the lien on the property was created in favor of the banks at the direction of the Air Board, and that the creation and reservation of that lien is confirmed by the Air Board.
“(4) The judgment, the deed and the instrument executed by the Air Board should each contain a provision showing the due date of payment of the money advanced, namely: July 2, 1941, and the right of foreclosure of the lien in the event of failure to pay the money.
“(5) The banks should be furnished with a *44 paper individually signed by each member of the Air Board to tne effect that they as members of the Air Board will on or before July 1, 1941, cause the Air Board to request the Jefferson County Fiscal Court to levy taxes in an amount sufficient,' when received by the Air Board, to enable it to discharge the lien against- the 100 acres of land, and further the members of the Air Board will individually agree that upon receipt of funds from the Jefferson County Fiscal Court by the Air Board, sufficient to discharge the lien, that they will cause to be promptly paid by the Air Board to the banks an amount equal to their respective interests.
“(6) The individual member of the Jefferson. County Fiscal Court will furnish the interested banks with an agreement to the effect that they as individual members of the Court will vote to cause the Court, at the earliest possible date, according to-law, to levy a tax for the benefit of the Louisville- and Jefferson County Air Board, in an amount sufficient, when collected, to enable the Air Board to discharge the lien against the 100 acres of land. The individual members - of the Fiscal Court will, further agree that they will vote as members of the Fiscal Court to cause the Court on July 2, 1941, to-pay an amount to the Air Board sufficient to enable-the latter to discharge the lien to the banks, and that if it be necessary, in order to accomplish the payment of the lien, that the Jefferson County Fiscal Court borrow in anticipation of current taxes, in order'to provide the funds for the Air Board, that they as individual members of the Jefferson County Fiscal Court will vote' to cause’ the Court to borrow the funds. The agreement should further state that it is the purpose of each individual membe - of the Court, to the extent of his authority to -do a -->, to see to it that the funds advanced by the banks for the purchase..-of the 100 acres of land are repaid to the banks on July 2,1941.

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Related

Baker v. Fletcher
204 S.W.3d 589 (Kentucky Supreme Court, 2006)
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160 S.W.2d 28 (Court of Appeals of Kentucky (pre-1976), 1942)

Cite This Page — Counsel Stack

Bluebook (online)
143 S.W.2d 843, 284 Ky. 39, 1940 Ky. LEXIS 436, Counsel Stack Legal Research, https://law.counselstack.com/opinion/miles-v-lee-kyctapphigh-1940.