Evening Republican, Volume 22, Number 175, Rensselaer, Jasper County, 26 July 1919 — INDIANA ROAD CONSTRUCTION MAY BE DELAYED. [ARTICLE]

INDIANA ROAD CONSTRUCTION MAY BE DELAYED.

Indianapolis, July 25.—A suit to test the validity of the new county unit law will be filed within the next few days in the MU'dison circuit court iby Mialtson, Kane and Rose, attorneys of this city, representing George C. Forrey, Jr., vficepresident of Breed, EUhott and Harrison, dealers in investment securities. Announcement to that effect was made by Mr. Forrey today. Mir. Forrey, as a taxpayer of Madison county, will seek a restraining order to prevent the sale of am issue of bonds and to prevent the construction of a proposed road. This ds ithe first issue of 'bonds to be advertised under the new law and it is understood that virtually all the bond dealers in Indiana are in sympathy with the suit, as they feed that this class of bonds should be tested in the courts before they are offered flor sale to investors. The suit possibly will result in holding up all construction Work in Indiana proposed under the county unit law until it is decided by the supreme court, as it is the general practice off dealers in bonds not to buy securities that are in litigation. The action will be watched with much interest throughout the state, as a great deal of new work is plarmed under the county unit law.