Shipman v. North Panola Consolidated School District

HAWKINS, Chief Justice,

for the Court:

In order to properly issue school bonds in Mississippi, a school district must comply with many state and federal laws. As we agree with the Chancery Court that the school district here did so comply, the holding of the Chancery Court validating the bonds is affirmed.

FACTS

In May of 1991, the Board of Trustees of the North Panola Consolidated School District (NPCSD) • passed a resolution which called for a special election concerning the issuance of $4,000,000 in school bonds. On July 9, 1991, this first school bond election was held with the proposed bond…