...Constitution of Illinois : 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...

...in the Constitution of the State of Illinois there is a provision that " 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 rive per...

...appraised value. The Constitution of Iowa, however, 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 on the value of the taxable...

...village. The method of such determination shall be prescribed by the legislature. No county, city, town, village, school district, or other municipal...of the taxable property therein, to be ascertained, other than for school districts, by the last assessment for state and county taxes previous to the...

...corporation is absolutely prohibited from becoming indebted, in any manner or for any purpose, to an amount, including existing indebtedness, in the aggregate...centum on the value of the taxable property therein, etc. Under this provision, when such municipality shall have reached the limit prescribed by the constitution,...

...district or other municipal corporation from becoming 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" of such municipality. It appeared in that case that the city of Chicago, being already...

...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 Opinion of the Court. the taxable property therein, to be ascertained by the last assessment for State...

...contract of October 19, 1895, and of the promises alleged in the declaration, the city was indebted, in the .aggregate, exceeding five per centum on the value of the taxable property therein, and within its limits, as ascertained by the last assessment for State and county taxes, etc. The fourth...

...does not. The language of the section, so far as material to be now stated, is: "No * * * eity * * * or other 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 of the...

...authorities, in the following language, "from incurring any indebtedness in. any manner or for any purpose, including existing indebtedness, in the aggregate exceeding five per centum on the valuation of the taxable property in said city, to be ascertained by the last assessment for State...