Daggett v. St. Francis Levee District

This is a taxpayer’s suit brought by the appellant to enjoin the directors of the St. Francis Levee District from putting into effect a retirement plan for its officers and employees. The proposal, as approved by a resolution of the board of directors, contemplates that each participating officer and employee will contribute three per cent of his salary to the retirement fund, that these contributions will be matched with money appropriated from the district’s treasury, and that the participants in the plan, upon reaching the age of sixty-five, will be entitled to retirement pay based upon…