State Ex Rel. Hammermill Paper Company and Another, Petitioners v. La Plante

Summary

The court upheld the industrial-development revenue-bond statute, the city's resolution, and the Hammermill project against constitutional and statutory challenges. It concluded that the project served a public purpose, created no state or municipal debt, did not unlawfully delegate governmental authority, and complied with the applicable statutory requirements. The court also upheld the tax-collection provision, industrial classification, pollution-control financing, lease options, private bond placement, and trustee powers.