Special School District No. 5 v. Special School District No. 3

School districts numbered 62, 67 and 85, of Independence County, were consolidated in the fall of 1946. Dissatisfaction arose among the patrons of the consolidated district. In November, 1947,' they voted to dissolve the district and to divide its territory into two new districts, appellant embracing the area of District No. 67 and appellee the area of the other two. This reorganization was effective December 5, 1947.

This controversy concerns the distribution of the consolidated district’s assets and the assumption of its liabilities. The 'County Board of Education entered its order of…