96 So. 466 | Miss. | 1923
delivered the opinion of the court.
This is a proceeding under chapter 28, Laws of 1917, Hemingway’s Code, Supplement 1921, septions 3812a-3812e,. by which the appellant seeks to validate road bonds to the amount of two thousand five hundred dollars which it proposes to issue; the decree appealed from holding that the appellant is without power to issue the bonds.
A road district was created by the appellant under chapter 176, Laws of 1914, Hemingway’s Code, section 7159 et seq., at its August, 1919, meeting; but twelve months elapsed without the issuance of the bonds thereof.
In July, 1922, the appellant entered the following order upon its minutes:
“Whereas, the commissioners of Cypress separate road district did agree and contract to sell two thousand' five hundred dollars bonds of said district, which agreement was made on the —— day of August, 1920, at par and accrued interest by and between the commissioners and purchaser, and whereas said board never took any action to ratify said contract: Be it therefore resolved that said contract to sell said bonds as aforesaid be and the same is hereby ratified and confirmed, and this order is entered as of the August meeting, 1920.”
Affirmed.