Ohio Supreme Court, 1924

State ex rel. City of Cleveland Heights v. Frazine

State ex rel. City of Cleveland Heights v. Frazine
Ohio Supreme Court · Decided June 10, 1924 · Allen, Day, Jones, Marshall, Matthias, Robinson, Wanamaker
2 Ohio Law. Abs. 407

State ex rel. City of Cleveland Heights v. Frazine

Opinion of the Court

ROBINSON, J.

1. Section 1465-58, General Code, attempts to require municipalities before advertising a bond issue for sale to first offer the same to the Industrial Commission of Ohio at par and accrued interest.

2. Section 1465-58, General Code, in so far as it attempts to require municipalities and other taxing districts before advertising a bond issue for sale to first offer the same to the Industrial Commission of Ohio at less than market value, is unconstitutional and void.

Judgment affirmed.

Marshall, C. J., Jones, Matthias, Day and Allen, JJ., concur. Wanamaker, J., not participating!

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