Sec. 281. Authority To A Village To Issue Bonds, Includes Authority To Employ Broker To Dispose Of Them
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This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Sec. 281. Authority To A Village To Issue Bonds, Includes Authority To Employ Broker To Dispose Of Them
Express authority of a village to borrow money and issue bonds therefor, includes implied authority to employ a person to procure a purchaser for the bonds, whether he be a broker or not. Armstrong v. Village of Ft. Edwards, 159 N. Y. 315, 53 N. E. 1116.
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