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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... "
Journal of the House of Representatives of the General Assembly of the State ... - Page 724
by Illinois. General Assembly. House of Representatives - 1901
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Wisconsin Reports, Volume 96

Wisconsin. Supreme Court, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold, Arnold LeBell - 1898 - 772 pages
...(prohibiting municipalities from becoming indebted in any manner in excess of five per cent, of the value of the taxable property therein, "to be ascertained...previous to the incurring of such indebtedness''), until the road is completed in the prescribed manner. Ibid. 5. The assessment intended as the basis...
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The American State Reports: Containing the Cases of General Value ..., Volume 59

Abraham Clark Freeman - 1898 - 1012 pages
...purpose to any amount including existing indebtedness in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained...taxes previous to the incurring of such indebtedness"; *"6 that before "incurring such indebtedness" such municipality must "provide for the collection of...
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Journal of the Senate, Volume 40

Illinois. General Assembly. Senate - 1898 - 574 pages
...to become indebted in any manner or for any purpose, shall not hereafter exceed one per cent, on the value of the taxable property therein, to be ascertained...for State and county taxes previous to the incurring or such indebtedness, in every taxing district or part thereof, in any county containing one hundred...
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Studies in Public School Finance: The Middle West, Illinois, Minnesota ...

Fletcher Harper Swift - 1925 - 370 pages
...Ibid., 1919, p. 4, lec. 7. existing indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained...taxes previous to the incurring of such indebtedness. Any county, city, school district, or other municipal corporation incurring any indebtedness as aforesaid...
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Bulletin, Issues 17-37

Public Ownership League of America - 1926 - 380 pages
...purpose to an amount, including ex'sting indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained...taxes previous to the incurring of such indebtedness. Any county, city, school district or other municipal corporation incurring any indebtedness as aioresaid,...
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Biennial Report of the Superintendent of Public Instruction of ..., Volume 35

Illinois. Office of the Superintendent of Public Instruction - 1924 - 1020 pages
...exceeds in the aggregate Ave per centum of the valuation of taxable property in such school district to be ascertained by the last assessment for State and...taxes previous to the incurring of such indebtedness. All bonds issued hereunder shall be signed before being issued, neSotiated and sold, by the president...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 41-42

1890 - 1908 pages
...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...taxes, previous to the incurring of such indebtedness." After this judicial determination, one Ballou, who held some of the bonds, brought his action in equity,...
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Education Series, Issue 3

1925 - 372 pages
...'3a"Ibid., 1919, p. 4. »«• 7existing indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained...taxes previous to the incurring of such indebtedness. Any county, city, school district, or other municipal corporation incurring any indebtedness as aforesaid...
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The Federal Reporter, Volume 96

1899 - 1036 pages
...aggregate exceeding two per centum of the value of the taxable property within such corporation, to be ascertained by the last assessment for state and...taxes previous to the incurring of such indebtedness; and all bonds or obligations in excess of such amount given by such corporation shall be void." Const....
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The Indeterminate Permit in Relation to Home Rule and Public Ownership: A ...

Delos Franklin Wilcox - 1926 - 114 pages
...purpose to an amount, including ex:sting indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained...taxes previous to the incurring of such indebtedness. Any' county, city, school district or other municipal corporation incurring any indebtedness as aforesaid,...
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