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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... "
Statutes of California and Digests of Measures - Σελίδα liii
των California - 1899
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

The Pacific Reporter, Τόμος 159

1916 - 1228 σελίδες
...township, school district, etc., but that before doing so, or at the time of doing so, they shall provide for the collection of an annual tax sufficient to pay the interest, on such indebtedness as it falb due, and also to contribute a sinking fund for the payment of the principal thereof within 25...

The Pacific Reporter, Τόμος 158

1916 - 1226 σελίδες
...for the collection of an annual tax, in addition to the other taxes provided for by the Constitution, sufficient to pay the interest on such Indebtedness as it falls due, and also to constitute a sinking fund, etc. The evidence here shows that the proposition to issue bonds by the...

Laws and resolutions passed by Legislature of 1883-84 at its extra session ...

California - 1885 - 366 σελίδες
...of two thirds of the qualified electors thereof voting at an election to be held for that purpose, nor unless, before or at the time of incurring such...interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal thereof within twenty years from the...

The California Teacher and Home Journal, Τόμος 3,Τεύχη 1-6

1885 - 816 σελίδες
...of two-thirds of the qualified electors thereof, voting at an election to be held for that purpose, nor unless before or at the time of incurring such...the interest on such indebtedness as it falls due " etc. "Any indebtedness or liability, incurred contrary to this provision, shall be void." Under this...

The Codes and Statutes of California, as Amended and in Force at ..., Τόμος 1

California - 1886 - 964 σελίδες
...of two thirds of the qualified electors thereof voting at an election to be held for that purpose, nor unless, before or at the time of incurring such...interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal thereof within twenty years from the...

The Southwestern Reporter, Τόμος 101

1907 - 1332 σελίδες
...indebtedness is void because at the time or before the time of its creation there was no provision for the collection of an annual tax sufficient to...interest on such indebtedness as It falls due, and to constitute a sinking fund for the payment of the principal thereof, as demanded by that section...

The Southwestern Reporter, Τόμος 92

1906 - 1362 σελίδες
...time each of said issue of bonds was made and' ordered, provision was made of record by said district for the collection of an annual tax sufficient to pay the Interest on such indebtedness as the same fell due, and to constitute a sinking fund for the payment of the principal thereof within...

The Southwestern Reporter, Τόμος 166

1914 - 1418 σελίδες
...state it is obligatory upon the municipality creating an indebtedness which is authorized to provide for the collection of an annual tax sufficient to pay the interest on such indebtedness, and to create a sinking fund for the payment of the principal thereof. This must be done at the time...

The Southwestern Reporter, Τόμος 10

1889 - 1028 σελίδες
...it would be impossible to designate the amount of the tax necessary to be raised by annual taxation "sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for payment of the principal thereof within twenty years from the time...

The American Commonwealth, Τόμος 2

James Bryce Bryce (Viscount) - 1888 - 732 σελίδες
...of two-thirds of the qualified electors thereof, voting at an election to be held for that purpose, nor unless, before or at the time of incurring such...interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal thereof within twenty years from the...




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