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" ... provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it falls due, and also to pay and discharge the principal thereof within twenty years from the time of contracting the same. "
Reports Made to the Senate and House of Representatives of the State of Illinois - Σελίδα 101
των Illinois - 1873
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

Annual Reports of the War Department, Τόμος 1,Μέρος 4;Τόμος 4

United States. War Department - 1901 - 574 σελίδες
...of such indebtedness; and before, oral the time of, incurring such indebtedness it shall provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it fallu due, and also to pay and discharge the principal within twenty years after...

Iowa and the Nation ...

George Chandler - 1901 - 388 σελίδες
...single work or object, to be distinctly specified therein; and such law shall impose and provide for the collection of a direct annual tax, sufficient to pay the interest on such debt, as it falls due, and also to pay and discharge the principal of such debt, within twenty...

University of Illinois Studies in the Social Sciences

1928 - 654 σελίδες
...debt. The corporate body incurring any such debt before or at the time of doing so shall provide for the collection of a direct annual tax sufficient to pay the interest on the debt and to pay the principal thereof in substantially equal annual installments within twenty years....

The Law of Municipal Corporations, Τόμος 6

Eugene McQuillin - 1928 - 1024 σελίδες
...subdivision of the state, incurring any indebtedness requiring the assent of the voters as aforesaid, shall, before or at the time of doing so, provide for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute...

Report of the Commissioner of Education Made to the Secretary of ..., Τόμος 2

United States. Bureau of Education - 1895 - 956 σελίδες
...subdivision of tho State, incurring any indebtedness, requiring tho assent of the voters as aforesaid, shall, before or at, the time of doing so, provide for the collection of an annual tax sufficient to pay tho interest on such indebtedness as it falls due, ami also to constitute...

The Northeastern Reporter, Τόμος 74

1905 - 2338 σελίδες
...repugnant to Const. 1870, art. 9, § 12, providing that any municipal corporation incurring a debt shall, before or at the time of doing so, provide for the...direct annual tax sufficient to pay the interest on the debt as it falls due, and also pay and discharge the principal within 20 years from the time of contracting...

The Northeastern Reporter, Τόμος 74

1905 - 1274 σελίδες
...school district, or other municipal corporation, incurring any indebtedness as aforesaid, shall uefore, or at the time of doing so, provide for the collection...a direct annual tax sufficient to pay the interest on such debt as it falls due, and also to pay and discharge the principal thereof within twenty years...

The Northeastern Reporter, Τόμος 22

1890 - 1268 σελίδες
...any * * * city * * * or other municipal corporation incurring any indebtedness as aforesaid shall, before or at the time of doing so, provide for the collection of a direct annual tax. * * *" It thus appears that the duty to levy the tax is inseparable from the power to incur...

Municipal Bankruptcy Compositions: Hearing Before Subcommittee on Bankruptcy ...

United States. Congress. House. Committee on the Judiciary - 1937 - 174 σελίδες
...county, city * * ° or other municipal corporation, incurring any indebtedness as aforesaid, shall, before or at the time of doing so, provide for the...a direct annual tax sufficient to pay the interest on said debt sis it falls due, and also to pay and discharge the principal thereof within 20 years...

Provisions of the State Constitutions Relating to Taxation: Report to ...

United States. Congress. Internal Revenue Taxation Joint Committee - 1938 - 198 σελίδες
...district, or other municipal corporation incurring any indebtedness as aforesaid shall * * * provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it falls due, nnd also to pay .and discharge the principal thereof * * * (art. XI,...




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