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IN RE VALIDATION OF $19,800,000 GENERAL OBLIGATION SCH. BONDS

No. 59225.

534 So.2d 1025 (1988)

In re VALIDATION OF $19,800,000 GENERAL OBLIGATION SCHOOL Bonds, SERIES 1987, MADISON COUNTY, MS DATED NOVEMBER 1, 1987.

Supreme Court of Mississippi.

As Modified on Denial of Rehearing December 21, 1988.

Attorney(s) appearing for the Case

Jerry R. Wallace, Montgomery, Smith-Vaniz & McGraw, Canton, C. Scott Woods, Jerry L. Mills, Pyle, Dreher, Mills & Woods, Arthur F. Jernigan, Jr., Phelps, Dunbar, Marks, Claverie & Sims, Jackson, for appellant.

Steve H. Smith, G. Milton Case, Smith & Case, Ridgeland, for appellee.

Before ROY NOBLE LEE, C.J., and PRATHER and GRIFFIN, JJ.

GRIFFIN, Justice, for the Court:

This is an appeal by the Madison County Board of Education, from an April 29, 1988, judgment of the Madison County Chancery Court refusing validation of general obligation school bonds of the Madison County School District in the principal amount not to exceed $19,800,000 pursuant to a Resolution of Intent adopted by the Madison County Board of Education on June 1, 1987 to issue general obligation school bonds as authorized by §...

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