Court Opinion

ID: 9811857
Source: CourtListenerOpinion
Date Created: 2023-08-31 22:30:51.682575+00
Date Added: 2024-06-11T15:21:58.260259
License: Public Domain

Hoke, C. J.
The parties having requested a decision in this case during the present session of the Legislature, to the end that further action may be had upon the subject, if found necessary; as now advised, it is the opinion of the Court that on the facts alleged in the complaint and admitted by the demurrer, the authority to issue bonds under chapter 190, Public Laws 1923, known as the “World War Veterans’ Loan Fund Act,” has not been approved by a majority of the qualified electors of the State, as required by the express provisions of said act; and that *829said bonds, if issued, would not be valid and binding obligations, of the State of North Carolina. The demurrer, therefore, should have been overruled.
A more extended opinion to this effect will be prepared and filed later.