RIGHT TO ISSUE BONDS IS UPHELD
Yakima county court's refusal to
enjoin the county from execution
and delivery of bonds to take up
The county ordered i
emergency current expense fund
warrants amounting to $26,602 to!
supplement its budget of 1934. The!
next year, it ordered i
simil.ir warrants in the
$104,082 to supplement the budget
of that year, and in the same year
authorized issuance of emergency
old-age pension warrants to the
amount of $9288.
Fundamental Rule.
Commissioners then authorized
issuance of obligatio
amount of $145,000 to raise money to take up the warrants.
The lower court sustained a demurrer and dismissed the action.
Right of the county to issue thi
bonds is challenged solely on the
ground it had attempted to pledge
its power of taxation to redeem the
warrants as they fell due.
"The fundamental rule
supreme court said, "the
pallty's taxing power is always
pledged to the limit to the liquidation of its authorized general obligations."