50 S.E. 862 | N.C. | 1905
This is a civil action submitted to the court upon the following agreed statement of facts: "The Legislature of North Carolina, at its session of 1905, passed an act, set out in the record, authorizing the Commissioners of Chatham County to issue and sell bonds in the sum of $20,000, redeemable in the following manner, $2,000 ten years from the date of issue and $2,000 annually thereafter until the whole amount should be paid, said bonds to bear interest at 5 per cent. Said bonds were authorized to be issued to pay the outstanding indebtedness *326 incurred for the necessary expense of said county prior to 1 January, 1905, which fact appears in the body of the act, and is an admitted fact. The bill was originally introduced in the Senate, (454) containing a provision permitting the board of commissioners of the said county, after the expiration of five years from the date of issue, to purchase, at their discretion, annually, an amount not exceeding one-fifth of the whole of said issue. This provision was contained in section 2 of said original bill. The bill in this form passed the Senate in strict compliance with the requirements of Article II, section 14, of the Constitution of North Carolina; was sent to the House of Representatives, and passed that body in the constitutional manner upon its first and second readings, when an amendment was offered, striking out the said section 2, and the bill as thus amended was passed in the House of Representatives in the way and manner prescribed by the said article and section of the Constitution; it went back to the Senate, which body concurred in the amendment. The bill was then properly ratified as required by law. The plaintiffs, after the ratification of the bill, passed an order, as appears on their minutes, authorizing the issue and sale of the $20,000 worth of bonds authorized in the act, the same to be sold at the courthouse in Pittsboro on 10 March, 1905. The said sale was advertised in accordance with the provisions of the act, and the bonds exposed to public sale at the said time and place. Several bids were offered, and F. M. Stafford Co., the defendants, were the highest bidders at the sum of $20,900, and the bonds were awarded to them; the written bid, the acceptance of the same by the board, which was then in session, became a part of the minutes of the said board. The defendants have been furnished with a statement from the clerk of the board of commissioners showing the minutes of the board, which are satisfactory to them; also the certified copy from the Secretary of State of North Carolina giving copy of the journals of both Houses of the Legislature as above stated. The purposed issue of bonds is for the indebtedness of the county incurred prior to 1 January, 1905, which indebtedness was incurred for (455) the necessary expenses of the county. It is agreed that if the court shall be of opinion that the said bonds are, or will be when issued, valid, then the defendants shall be ordered by judgment of the court to comply with their bid, pay the money and take the bonds; but if it shall be of opinion that the bonds issued under this act are not valid, then judgment shall be entered against the plaintiffs."
The court being of opinion that the bill was duly passed and ratified in accordance with the Constitution, rendered judgment that the defendants take and pay for the bonds in accordance with their bid. Defendants excepted and appealed. *327
After stating the facts: It is conceded, and so recited in the statute and the record, that the bonds authorized to be issued are for the purpose of raising funds with which to discharge an indebtedness incurred for necessary expenses. That the Legislature had the power to pass the act is settled by numerous decisions of this Court. Smathers v. Comrs.,
It is equally well settled that, when the act has been passed in accordance with the provisions of Article II, section 14, of the Constitution, an amendment which does not increase the amount of the bonds or the tax to be levied, or otherwise materially change the original bill, may be adopted by the concurrence of both houses of the General Assembly.Glenn v. Wray,
Affirmed.
Cited: Bank v. Lacy,
