The opinion
Mr. Chief Justice Stone,
dissenting:
I cannot concur with the holding that taxes uncollected are to be considered as taxes in course of collection. The city has no control over the collection of delinquent taxes, but must at all events levy and collect taxes sufficient to meet bonds and interest thereon. Any other holding, in my opinion, greatly endangers the value of municipal bonds.
Mr. Justice DeYoung took no part in this decision.