This action is an attack upon the validity of Berkeley County school bonds to be issued under the authority of Act No. 956 of the Acts of the General Assembly of 1956, 49 Stat. 2318. The required contents and publication of the notice of the special election thereupon are specified in Sec. 5 of the Act. The publication in the Berkeley County newspaper was exactly as required by the statute; but the publication in the Charleston newspaper, having circulation in Berkeley County, was not precisely timed and the first appearance of it in that newspaper was in the form of a news
Similar short statutes of limitation, applicable to actions which question the proceedings upon the issuance of municipal and other bonds have been of force in this State for many years, apparently without challenge heretofore. Code of 1952, Sec. 1-645, twenty days; Sec. 21-976, thirty days; and Sec. 47-842, thirty days. The practical necessity of them is obvious. Purchasers of bonds could hardly be found if the bonds were subject in their hands to attack for alleged illegality in the proceedings upon the issuance of them. Furthermore, it is within common knowledge that sales of bonds are frequently timed to take advantage of a favorable market, which might well be hindered by long delay.
Less urgent circumstances were present in
Hite v. Town of West Columbia,
220 S. C. 59,
A thirty-day statute of limitation, similar in other respects to that at hand, was applicable to election contests in the county hospital bond issue case of
Rider v. Lenoir County,
The act under review was approved on March 23, 1956. The election was held on May 1, pursuant to Sec. 2 of the act. The resolution declaring the result was filed in the office of the Clerk of Court on June 21, and this action was “brought on August 10, 1956. It is seen from these dates ■that appellant really had more than eighty days from the •date of the election within which to timely commence his action. The court concluded that the action was barred be
The following from the opinion in
Hite v. Town of West
Columbia, supra, 220 S. C. at page 65,
The plea of the statute of limitations was properly sustained and the Judgment is affirmed upon that ground, without consideration of the other.
