Ocean Beach Heights, Inc. v. Brown Crummer Inv. Co.

HUTCHESON, Circuit Judge.

This is another case involving public Obligations ill which the difference between the promise and the ability to pay them is acutely presented as the result of a claim of nonliability asserted by territories which, after the issuance and sale of the bonds, was excluded from the town of Miami Shores in ouster proceedings.1 The suit in support of a judgment in mandamus proceedings the bondholders had obtained against the town, was for injunction to prevent the property owners in the excluded territory from asserting the ouster judgment against or otherwise interfering…