Bank v. . Commissioners

If an action had been brought by a taxpayer of the town of Oxford to enjoin the issue of bonds in payment of its subscription to the Oxford Coast Line Railroad Company, any final judgment upon the merits would have operated as an estoppel, both upon other taxpayers of the town and the municipality itself. 2 Black Judgments, sec. 584. In two actions brought by that company against the mayor and commissioners of Oxford, asking for mandamus to compel the issuing of a subscription of $40,000 in bonds to the capital stock of the company, in which a controversy arose, among other matters, as to the…