POMEROY, Justice.
This action was brought after an election, held in November of 1974, in the towns of Anson, Solon, New Portland, and Emden, comprising School Administrative District No. 74 (S.A.D.). The election was held to provide authorization to the School District Board of Directors for the issuance of bonds to cover the costs of building a new high school in the S.A.D. The bond issue was passed by a sizeable majority.
Shortly after the election, however...
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