Missouri, K. & T. Ry. Co. v. Goad

Opinion by

RUTH, C.

Plaintiff and defendant will be designated as they appeared in the trial court.

Plaintiff brought its action to recover something in excess of $7,000, paid as taxes under protest, and an agreed judgment was entered for plaintiff for all save and except $402.80, being, as alleged by plaintiff, an excess -and illegal levy to care for the sinking fund in school district No. 72 (city of Durant), Bryan county.

It is contended by plaintiff that the school district in question had outstanding bonds of $185,000; that it was mandatory .that an annual levy be made to create a sinking…