State v. City of Pensacola, a Municipal Corporation.

Summary

The Supreme Court of Florida affirmed the circuit court's validation of the City of Pensacola's 1935 refunding bonds, holding that the General Refunding Act authorizes such bonds as continuations of the original obligations and that later statutes and the homestead exemption of Article X do not limit them. Justice Buford, concurring specially, agreed that the homestead exemption does not apply to taxes for refunding bonds.