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" ... before or at the time of incurring such indebtedness, provision shall be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal... "
Appletons' Annual Cyclopaedia and Register of Important Events - Страница 106
1880
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The Convention Manual of the Sixth New York State Constitutional Convention ...

New York (State). Constitutional Convention - 1894 - 1326 страници
...annual tax sufficient to pay the interest on such debt as it falls due, and also to pay and discharge onstruction of buildings, or repairs, or improvements same. This section shall not be construed to prevent any coanty, city, township, school district, or...

History and Progress of the Public School Department of the City of ...

Winfield J. Davis - 1895 - 216 страници
...be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund...liability incurred contrary to this provision shall be void." This provision, and one similar in the laws, has been disregarded for many years, and the...

Charter for the City and County of San Francisco

San Francisco (Calif.) - 1895 - 272 страници
...provision for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a Sinking Fund for the payment of the principal thereof within forty years from the time of contracting the same. Such bonds shall not bear over four per centum interest...

School Law of California

California - 1895 - 192 страници
...for the payment of the principal thereof on or before maturity, which shall not exceed forty years from the time of contracting the same. Any indebtedness...liability incurred contrary to this provision shall be void. [Amendment adopted November 8, 1892.] SEC. 17. The making of profit out of county, city, town,...

Constitution of the State of California

California - 1895 - 532 страници
...be mude for the collection of an minimi tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal thercof within twi>nty;years from the time of contracting the same. Any indebtedness...

The Pacific Reporter, Том 45

1896 - 1164 страници
...be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund...time of contracting the same. Any Indebtedness or liaIHIity incut-red contrary to this provision shall be void: provided that this section shall not...

Digest of the Reports of the Supreme Court of California: Volumes One ..., Том 4

James Henry Deering - 1896 - 584 страници
...be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the pay ment of the principal," does not require that at the time of the sale or issuance of bonds, or...

The Northeastern Reporter, Том 74

1905 - 2338 страници
...be made for the collection of an annual tax, sufficient to pay the interest on such Indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal," the Supreme Court of California said: "This provision of the Constitution does not...

The Journal of the Senate During the ... Session of the Legislature of the ...

California. Legislature. Senate - 1899 - 1616 страници
...due, and also to constitute a sinking fund for the payment of the principal thereof within forty years from the time of contracting the same". Any indebtedness...liability incurred contrary to this provision shall be void. A mendments to the Charter. SEC. 218. Whenever there shall be presented to the Trustees a...

The Journal of the Assembly, During the ... Session of the Legislature of ...

California. Legislature. Assembly - 1901 - 1324 страници
...oe made for the collection of an annual tax sufficient to pay the interest on such indebtedness, as it falls due, and also to constitute a sinking fund for the payment of the principal thereof on or before maturity, which shall not exceed forty years from the time of...




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