73 Ind. App. 557 | Ind. Ct. App. | 1920
Action by appellant against appellee to recover the sum of $1,125 and interest upon what is denominated in the pleadings as the township warrant of appellee. Demurrer to the complaint sustained, and appellant, refusing to plead over and abiding the ruling of the court, duly excepted, and prosecutes this appeal, assigning as error the action of the court in sustaining the demurrer. i
The facts as set forth in the complaint which are necessary to a determination of the questions here presented briefly stated are as follows: On July 17, 1908, the advisory board of Millgrove school township, Steuben county, Indiana, by resolution declared that an emergency existed for the expenditure of $18,000 for the erection of a new school building in said township, and authorized the issuance of the bonds of said township in the total sum of $11,500, said bonds to be of the denomination of $460 each, five thereof to be retired each year after issuance, and provided for the levy of an annual tax sufficient to retire said bonds and interest as they became due; that at said meeting the advisory board authorized and directed the township trustee to issue the warrants of said township for the
Bonds, principal and accrued interest...$11,554.62
Warrants issued for the construction of said building as follows:
Griffith & Fair, architects............. 510.00
Citizens State Bank.................. 400.00
Angola Brick & Tile Co................ 1,125.00
Total.......................$13,589.62
That there were funds in the hands of the trustee available to pay debts for the construction of said building as follows:
Special School Fund.................. $184.77
Bond Fund......................... 9,460.00
$9,644.77
That the sum of $2,310.92 was to be paid, and was paid out of the special levy made by said advisory board levied in 1908 as aforesaid.
There is but one question presented for the consideration of this court, namely, whether or not the warrant for $1,125 was, at the time it was issued, a good and valid evidence of indebtedness and an obligation on the
The warrant in question was void at the time of its issuance. The fact that the township officers sought to evade the law by issuing warrants for part of the indebtedness to be created in the construction of such
Demurrer to the complaint was rightly sustained. Judgment affirmed.