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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... "
A Practical Treatise on the Law of Municipal Bonds - Page 352
de William Nichols Coler - 1873
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McClain's Annotated Statutes of the State of Iowa: Showing the ..., Volume 2

Iowa, Emlin McClain - 1884 - 940 pages
...Indebtedness of political or municipal cor poratious. This section, held, not to prohibit the Sue. 3. No county, or other political or municipal corporation...to be ascertained by the last state and county tax lists, previous to the incurring of such indebtedness. 1242 CONSTITUTION OF IOWA. 1243 City of Council...
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The Pacific Reporter, Volume 37

1894 - 1156 pages
...considering a similar provision of the constitution of the state of Iowa, which Is as follows: "Xo county or other political or municipal corporation...amount in the aggregate exceeding five per centum of the value of the taxable property within such county or corporation," etc., — uses the following...
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The Pacific Reporter, Volume 48

1897 - 1148 pages
...City of Davenport, 3« Iowa, 396, the supreme court of Iowa says: "Our constitution declares that 'no municipal corporation shall be allowed to become indebted...any purpose, to an amount in the aggregate exceeding live por centum on the value of the taxable property within such corporation.' • * * The plaintiffs...
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The Pacific Reporter, Volume 13

1887 - 956 pages
...heretofore many times interpreted by the courts. The constitution of Iowa has a provision as follows: "Xo county, or other political or municipal 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...
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The Pacific Reporter, Volume 38

1895 - 1168 pages
...constitution of the state of Illinois provides: "No county, city, town, 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 exceding five per centum...
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The Amended Code of West Virginia: Containing All the Chapters of the Code ...

West Virginia - 1884 - 994 pages
...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...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volume 4

1884 - 1030 pages
...money, etc., g 1231. § 1229. There is a provision in the constitution of the state of Illinois that no municipal •corporation shall be allowed to become indebted, in any manner or for any purpose, to an amount, including existing indebtedness, in an aggregate exceeding five per...
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The Northeastern Reporter, Volume 22

1890 - 1166 pages
...The language of the section, so far as material to be now stated, is: "No * * * city * * * or other municipal corporation shall be allowed to become indebted...aggregate exceeding five per centum on the value of the taxable property therein; * * * and any * * * city * * * or other municipal corporation incurring any...
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Publications of the Nebraska State Historical Society, Volume 12

1907 - 654 pages
...read the next section, as follows: Sec. 12. No county, city, township, or 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...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 114

United States. Supreme Court - 1885 - 792 pages
...Opinion of the Court. " RETICLE IX. "SECTION 12. Xo 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...
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