Layton v. City of New Orleans

Merrick, C., J.

The plaintiff’s counsel states his case as follows, viz:

“ The defendants have demanded the payment of certain taxes, known as the ‘ consolidated loan tax,’ which is imposed for the purpose of paying the interest upon and ultimately liquidating the ‘ consolidated debt’ represented by bonds, issued under the Acts of the Legislature of February 23d, 1852, by virtue of which Acts the three municipalities were consolidated, and the city of Lafayette annexed.

“ Plaintiffs have enjoined the collection of this tax upon the ground that as residents and property owners in the Fourth…