Rountree v. State Ex Rel. Georgia Bond & Mortgage Co.

— This is a writ of error taken from a final judgment rendered in a mandamus proceeding which involved the statutory duty of a municipality to levy a special tax sufficient to pay the required principal and interest of bonds, and whether such duty was discharged by the levy of a tax to provide less than the amount of money necessary to be raised for snob purpose.

It appears that the City of Punta Gorda had outstanding a total of $970,000.00 of bonds, of which $372,000.00 were general bonds and about $600,000.00 were what are known as special assessment bonds. The City owed $3,550.00 of the…