Validation of Tax Anticipation Note, Series 2014 v. Humphreys County Board of Supervisors
Mississippi Supreme Court
1Opinion of the Court
KITCHENS, Justice,
for the Court:
¶ 1. When the Humphreys County Board of Supervisors notified the public of its intention to issue a $1.2 million tax anticipation note, taxpayers filed a petition containing signatures of qualified electors requesting that the matter be submitted to the public for an election. The Board determined that the number of qualified electors who had signed the petition was insufficient to require an election. The Board, therefore, authorized the note’s issuance. The matter then was submitted to the Humphreys County Chancery Court for validation. The day before the…
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