Logan Republican | 1903-04-07 | Page 1 | Local News

In replying, Logan filed a demurrer to the complaint setting out that the $85,000 debt was Incurred In 1002, four j cars before the town came under the Constitution by Incorporating. On , that account it was claimed that the i I new Issue of bonds would not in any way conflict with the Constitution, j the taxable property of the city rcprc- I senting a valuation of $1,700,060. I Judge Bask in, In his decision of yes- -jfcrday, hold that the issuance of bonds in 1802 cannot be held in conflict with the proposed issue for the construction construc-tion of a municipal electric plant. He Interpreted the statutes to provide that a municipal corporation may create a special indebtedness In any amount less than 4 per cent of the valuation, ii respective of any debts contracted previous to the adoption of the Constitution by the town. He placed the costs of action upon the State. The opinion was concurred in by Judge Bartch.