Cooper

Reclamation District No. 108, hereinafter referred to as “Reclamation District”, is now, and was at all the times hereinafter mentioned, a reclamation district organized and existing under and pursuant to the laws of the state of California, situate in the counties of Colusa and Yolo, the greater portion of which is situate in the county of Colusa. The respondent California Gibson is, and at all the times hereinafter mentioned was, the duly elected, qualified and acting treasurer of the county of Colusa, and as such, custodian of the bond fund of Reclamation District No. 108; that subsequent to the organization of said Reclamation District, to wit, on or about 1925, said Reclamation District duly authorized, issued and sold bonds in the aggregate par value of $3,142,000, all dated the first day of January, 1925, bearing interest at the rate of six per cent per annum, payable semi-annually on the first day of January and the first day of July of each year during the term of said bonds; that said bonds and the whole thereof were sold and issued by said Reclamation District; that the principal of said bonds mature serially from January 1, 1935, to and including the first day of…