Appalachian Electric Power Co. v. Town of Galax

This was a bill in equity filed by .appellant to enjoin the town of Galax and its officers from issuing bonds in the sum of $158,000, for the purpose of establishing an electric generating plant and distributing system for the town of Galax.

The principal allegations of the bill are: (1) That complainant is a taxpayer in the town of Galax and that as such taxpayer, its property will be subjected to an illegal ■tax burden if the bonds are issued by the town authorities, for the reason that the purported election held on the 30th day of August, 1938, was held contrary to the statute governing…