Court Opinion

ID: 3833554
Source: CourtListenerOpinion
Date Created: 2016-07-06 08:03:44.91562+00
Date Added: 2024-06-11T09:13:49.650557
License: Public Domain

This appeal involves the correctness of the judgment of the district court of Carter county holding that city of Ardmore, on relation of the bondholders of a certain street improvement district, could not foreclose the lien of the delinquent assessments levied to pay said bonds because the action was barred by the statute of limitations.
The parties agree that the street improvement district was created in 1922; that the bonds were issued in August, 1922; that they matured in 1931, coincident with the due date of the tenth annual installment due on the assessments; that there was a delinquency on the assessments at that time and at all times since; and that this action was filed in October, 1940.
The parties have not raised or discussed the right to foreclose such a lien created prior to the enactment of chapter 173, S. L. 1923, under that act. Assuming, without deciding, that such a right exists, we are of the opinion that the action was barred by the statute of limitations at the time it was filed. The rule in City of Bristow v. Groom, 194 Okla. 384,151 P.2d 936, controls this issue. It is not necessary to restate here what we said in that decision. The three-year period of limitation, 12 O. S. 1941 § 95(2), began to run twelve months after the due date of the last installment, and had run when the action was filed.
The judgment of the trial court is affirmed.
CORN, C.J., and RILEY, OSBORN, WELCH, HURST, and DAVISON, JJ., concur. GIBSON, V.C.J., dissents.