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" No county, city, township, school district, or other municipal corporation, shall be allowed to become indebted in any manner or for any purpose, to an amount, including existing indebtedness, in the aggregate exceeding five per centum on the value of... "
The Growth of Democracy in the United States: Or, The Evolution of Popular ... - Page 233
by Frederick Albert Cleveland - 1898 - 532 pages
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The Pacific Reporter, Volume 13

1887 - 956 pages
...corporation, shall be allowed to become indebted, or in any manner, or for any purpose, to an amount in the aggregate exceeding five per centum on the value of the taxable property within such county or corporation, to be ascertained by the last state and county...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 114

United States. Supreme Court - 1885 - 792 pages
...language of the Constitution is that no city, &c., " shall be allowed to become indebted in ny manner or for any purpose to an amount, including existing...aggregate exceeding five per centum on the value of its taxable property." It shall not become indebted. Shall not incur any pecuniary liability. It shall...
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Laws of Wisconsin Concerning the Organization and Government of Towns and ...

Wisconsin - 1885 - 596 pages
...an amount which, when added to the then existing indebtedness of such municipality, will make a sum exceeding five per centum on the value of the taxable property therein, to be ascertained by the last previous "assessment for state and county taxes. SECTION 950. In case any such subscription as in the...
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The Northeastern Reporter, Volume 27

1891 - 1156 pages
...constitution, is: "No county, city, township, school-district, or other municipal corporation shall be allowed to become indebted in any manner, or for...purpose, to an amount, including existing indebtedness, exceeding, in the aggregate, five per centum on the value of the taxable property therein, to he ascertained...
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The Northeastern Reporter, Volume 22

1890 - 1166 pages
...corporation shall be allowed to become indebted in any manner, or for any purpose, to an amount * * * in the aggregate exceeding five per centum on the value of the taxable property therein; * * * and any * * * city * * * or other municipal corporation incurring any indebtedness as aforesaid...
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United States Supreme Court Reports, Volume 29

United States. Supreme Court - 1886 - 1020 pages
...express contract found in the bonds. The language of the Constitution is that no city, etc., " shall be allowed to become indebted in any manner or for...aggregate exceeding five per centum on the value of its taxable property." It shall not become indebted, shall not incur any pecuniary liability; it shall...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 114

Illinois. Supreme Court - 1886 - 828 pages
...the constitutional limitation which 'forbids any county, city, etc., from becoming "indebted * * * to an amount, including existing indebtedness, in...aggregate exceeding five per centum on the value of taxable property therein," etc. (Const, art. 9, sec. 12.) The court declined to admit the evidence,...
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United States Supreme Court Reports, Volume 27

United States. Supreme Court - 1886 - 1086 pages
...municipal corporation, shall be allowed to become indebted, in any manner or for any purpose, to an amount in the aggregate exceeding five per centum on the value of the taxable property within such county or corporation, to be ascertained by the last state and county...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 119

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1887 - 786 pages
...be allowed to become indebted in any manner or for any purpose, to an amount, Opinion of the Court. including existing indebtedness, in the aggregate...therein, to be ascertained by the last assessment for the State and county taxes previous to the incurring of such indebtedness. Any county, city, school...
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The Southwestern Reporter, Volume 101

1907 - 1332 pages
...our own Constitution in section 12 of article 10, reading that: "No county, city, town • * * shall be allowed to become indebted In any manner or for...indebtedness. In the aggregate exceeding five per centnm on the value of the taxable property therein, to be ascertained," etc. Now, in this case. It...
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