Irvine

These consolidated actions present the question of the liability of reclamation- districts for interest on their bonds and interest coupons after maturity. The Irvine ease was before this court on a prior occasion but the issue was not passed upon. (Irvine v. Gibson, 19 Cal.2d 14 [ 118 P.2d 812 ].)

In the Irvine case it is charged in the complaint that the defendant Reclamation District No. 108, was organized under the general reclamation law of 1868; and issued on January 1, 1925, bonds of the denomination of $1,000 each in the total principal sum of $3,142,000, bearing interest at 6 per cent per annum and having attached thereto interest coupons for semiannual payment of interest. The bonds matured serially to January 1,1943. Plaintiff is the holder of $31,000 principal of such bonds, 15 of which matured on January 1, 1935, and 16 on January 1, 1936, the principal of which was not paid when plaintiff commenced his action; the interest was not paid for the last half of 1935 on the 16 bonds. .Since the commencement of the action there has been paid the principal of the 15 bonds and $650 on each of the 16 bonds together with $19.50 on each of the interest coupons for the last half…