Farrar v. Britton Independent School District

Plaintiff, a resident taxpayer suing in his own right and for all other taxpayers similarly situated, brought this action to enjoin defendant school district and its officers from issuing bonds in the amount of $200,000. Plaintiff challenges the validity of the proposed issue on the ground that an indebtedness will be created in excess of the constitutional limitation. The court adopted the stipula ted facts as its findings and entered conclusions of law to the effect that the proposed issue will not exceed the constitutional debt limit. From the judgment entered accordingly, plaintiff has…