Sierra Blanca Independent School District v. Sierra Blanca Corp.

OPINION

WARD, Justice.

There are twenty-five plaintiffs and they are the owners of various classes of real estate subject to ad valorem taxes within the Sierra Blanca Independent School District. They have sued for injunctive relief restraining the School District from putting into effect a tax plan adopted for the year 1973. After a hearing was held for a temporary injunction, all parties, in the interest of time and expense, entered into a stipulation that the evidence presented was to be considered by the trial Court as if presented to the Court without a jury on the final trial of the case.…