State ex rel. City of Cleveland Heights v. Frazine
State ex rel. City of Cleveland Heights v. Frazine
2 Ohio Law. Abs. 407
State ex rel. City of Cleveland Heights v. Frazine
Opinion of the Court
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.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.