An Economic Analysis of the Constitutional Restrictions Upon Municipal Indebtedness in IllinoisUniversity of Illinois, 1928 - 113 sivua |
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Suositut otteet
Sivu 15 - 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 taxable property therein, to be ascertained by the last assessment for State and county taxes, previous to the incurring of such indebtedness.
Sivu 22 - ... provide for the collection of a direct annual tax to pay, and sufficient to pay the interest on such debt as it falls due, and also to pay and discharge the principal of such debt within eighteen years from the time of the contracting thereof.
Sivu 16 - ... subscriber to the capital stock of any railroad or private corporation, or make donation to, or loan its credit in aid of such corporation: Provided, however, that the adoption of this Article shall not be construed as affecting the right of any such municipality to make such subscriptions where the same have been authorized, under existing laws, by a vote of the people of such municipalities prior to such adoption.
Sivu 15 - State and county taxes, previous to the incurring of such indebtedness. Any county, city, school district, or other municipal corporation incurring any indebtedness as aforesaid, shall before, or at the time of doing so, provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it falls due, and also to pay and discharge the principal thereof within twenty years from the time of contracting the same. This section shall not be construed to prevent any county,...
Sivu 18 - Private property shall not be taken or sold for the payment of the corporate debt of any political or municipal corporation.
Sivu 71 - We do not want to fight, but by jingo if we do, We have the ships, we have the men, we have the money too.
Sivu 16 - No county, city, town, township or other municipality, shall ever become subscriber to the capital stock of any railroad or private corporation, or make donation to or loan its credit in aid of such corporation...
Sivu 174 - Jurisdictional decisions made by the conventions of the American Federation of Labor and the Executive Council of the American Federation of Labor; c.
Sivu 18 - ... uniform in respect to persons and property, within the jurisdiction of the body imposing the same.
Sivu 41 - The corporation may borrow money for corporate purposes and may issue bonds therefor, but shall not become indebted, in any manner, or for any purpose, to an amount in the aggregate to exceed five per centum on the valuation of taxable property therein, to be ascertained by the last assessment for State and county taxes...