Crosbyton Independent School Dist. v. C. B. Live Stock Co.
Court of Appeals for the Fifth Circuit
Appeal from the District Court of the United States for the Northern District of Texas; George W. Jack, Judge. Suit in equity by the Crosbyton Independent School District against the C. B. Dive Stock Company. Decree for defendant, and plaintiff appeals.
1Opinion of the Court
BATTS, Circuit Judge.
The C. B. Dive Stock Company, owning a large body of land in Crosby county, Tex., sold it out in small tracts to actual settlers. Through a subsidiary company, the town of Crosby-ton was established. In 1909 an independent school district was formed under the general laws of Texas, with the maximum territory. It was impracticable, with • the taxable values and under the taxing power of the district, to construct a satisfactory school building, and 39 of the citizens executed a note for $10,000 to secure funds for the erection of such building. It was the understanding…
2Cases cited1 opinion
- Grayson County v. HarrellCourt of Appeals of Texas · 1918
3Cited by1 opinion
- United States v. Societa Nazionale Di NavigazioneCourt of Appeals for the Second Circuit · 1934