Judges: TERRELL, Justice.
Attorneys: Freeman, Richardson Watson, of Jacksonville, for appellants.
A.G. McArthur and Herbert Wm. Fishler, both of Fernandina, and S. Whitehurst's Sons, of Brooksville, for Fernandina Port Authority,
William A. Hallowes, III, of Jacksonville, for other appellees.
Filed: Jan. 11, 1949
Latest Update: Mar. 02, 2020
Summary: Proceeding between L.C. Hodges and H.R. Ray and Fernandina Port Authority in Nassau County, Florida, and others to validate an issue of revenue bonds. From final decree validating the bonds, L.C. Hodges and H.R. Ray appeal. Affirmed. The Fernandina Port Authority hereafter called the Port Authority was created and its powers defined by Chapter 21418, Special Acts of 1941, as amended by Chapter 24733, Special Acts of 1947. In the latter year it issued $4,000,000 Toll Revenue Bonds which were vali
Summary: Proceeding between L.C. Hodges and H.R. Ray and Fernandina Port Authority in Nassau County, Florida, and others to validate an issue of revenue bonds. From final decree validating the bonds, L.C. Hodges and H.R. Ray appeal. Affirmed. The Fernandina Port Authority hereafter called the Port Authority was created and its powers defined by Chapter 21418, Special Acts of 1941, as amended by Chapter 24733, Special Acts of 1947. In the latter year it issued $4,000,000 Toll Revenue Bonds which were valid..
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Section 16 of Article 9 of the Constitution and our adjudications place the power with the State Road Department to designate a State Road within a county upon which gasoline funds of the county may be expended, rather than with the Board of County Commissioners of a county. This rule in controlling, in my opinion, absent a showing of abuse of discretion on the part of the State Road Department.
