Covington Bank & Trust Co. v. Town of Covington

This is a suit to annul a tax election and an ordinance for the issuing of municipal bonds. The suit was filed later than 60 days after the promulgation of the result of the election. The defendant, municipality, therefore pleads that the action is barred by the provisions of the Constitution, article 14, § 14, subsec. (n). There was judgment for the defendant, declaring the bond issue valid. The plaintiff, taxpayer, has appealed from the decision.

The bond issue was authorized by a vote of the property taxpayers at an election called for the purpose in 1924. The bonds are for $55,000. $30,000…