...1870, of the constitution of the State, is in these words: "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...

...the State, may be organized without additional territory. SEC. 3. No county, or other political or 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 ot the taxable...

...this state, may be organized without additional territory. SEC. 3. No county, or other political or 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 of the value of the taxable...

...reduced below that area." The same instrument also provides, that " no county or other political or 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 of the value of the taxable...

...municio' corporation, shall be allowed to become indebted in any manner, or for any purpose, to ir .oiint, including existing indebtedness in the aggregate, exceeding five per centum on the vai .e of the taxable property therein, to be ascertained by the last assessment for State and county...

...purpose; nor in cases requiring such assent shall any indebtedness be allowed to be incurred to an amount including existing indebtedness, in the aggregate,...taxable property therein, to be ascertained by the assessment next before the last assessment for state and county purposes, previous to the incurring...

...an amount which, when added to the then existing indebtedness of such municipality, will made 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. Railroad Laws. WHEN SUBSCRIPTION TO BE PAID IN ONE...

...Constitution adopted in the year 1870. That section declares that, "No county, city, town, township, 7 n9 KSB I : ` .,9X! }xG Vl c +% ; k PY <X bQԀ/M @ &7 Dq) e T ~\A`* d for any purpose, to an amount, including existingindebtedness,intheaggregate,exceeding five per centum...

...so as to increase the aggregate indebtedness of such municipal corporation beyond uve per centum bu the value of the taxable property therein, to be ascertained by the last assessment for State and county taxes prior to the issuing of such bonds or other evidences of indebtedness."...

...increased or diminished during such term. § 12. No county, city, township, school district, or othei 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...