Kansas City Southern Ry. Co. v. Hendricks
Supreme Court of Louisiana
Appeal from First Judicial District Court, Parish óf Caddo; E. P. Mills, Judge. Suit by the Kansas City Southern Railway Company and others against B. R. Hendricks, Mayor, and others, to annul a bond issue. From a judgment restraining the sale of the bonds for less than par, but in all other respects rejecting plaintiffs’ demands, plaintiffs appeal.
1Opinion of the CourtOverton, J.
This is a suit brought to annul a bond issue authorized by the taxpayers of Cedar Grove, and, in the alternative, to enjoin the municipal authorities from disposing of the bonds otherwise than at par and for cash, and also to enjoin them from levying and collecting a tax to retire the bonds until they have been sold.
The suit grows out of an effort on the part of the municipal authorities to raise money with which to construct certain works of public improvement. In order to accomplish this purpose, the town council submitted to the duly qualified property tax payers of the municipality a…
2Cases cited4 opinions
- Gray v. BourgeoisSupreme Court of Louisiana · 1901
- Board of Com'rs of Iowa Drainage Dist. No. 1. v. Wilkins Co.Supreme Court of Louisiana · 1909
- Oubre v. Town of DonaldsonvilleSupreme Court of Louisiana · 1881
- St. Charles Municipal Drainage Dist. v. CousinSupreme Court of Louisiana · 1912
3Cited by10 opinions
- Johnson v. Sewerage District No. 2 of Parish of CaddoSupreme Court of Louisiana · 1960
- Ascension Red Cypress Co. v. New River Drainage Dist.Supreme Court of Louisiana · 1932
- Cities Service Oil Co. v. CarterSupreme Court of Louisiana · 1965
- Ernest M. Loeb Co. v. Avoyelles Drainage Dist. No. 8District Court, W.D. Louisiana · 1950
- Mouton v. City of LafayetteSupreme Court of Louisiana · 1934
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