Smith v. County of Los Angeles

The complaint in this action substantially alleges that the board of supervisors of Los Angeles County, after a favorable election had for that purpose, duly authorized the issuance of three hundred bonds, in denominations of one thousand dollars each, bearing interest at the rate of five per cent per annum, for the erection of a county court-house; that said bonds were duly executed and delivered to the county *629 treasurer for sale, and that he, in pursuance of law, thereafter advertised for and invited bids for said bonds; that no bona fide bid had been made for any of the bonds, and that no sale thereof was or could be made until a bid for one hundred and ten of said bonds was procured and caused to be made by plaintiffj in pursuance of his employment by the board of supervisors to procure a bid to be made for said bonds or a part thereof by some bidder who would offer and bid therefor a price which said treasurer and said board were authorized by law to accept; that said bid so procured by the plaintiff for one hundred and ten of said bonds was accepted, and said bonds so bid for were by said treasurer sold at five per cent premium and accrued interest to said bidder so…