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" ... provide for the collection of a direct annual tax to pay, and sufficient to pay, the interest on such debt as it falls due, and also to pay and discharge the principal of such debt within fifty years from the time of the contracting thereof. "
The Amended Constitution of the State of New York, Adopted by the Convention ... - Page 77
by New York (State) - 1869 - 169 pages
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Manual for the Use of the Legislature of the State of New York for the Year ...

New York (State) - 1869 - 534 pages
...of this state, unless such deht shall he anthorized hy a law, for some single work or ohject, to he distinctly specified therein ; and such law shall...to pay, and sufficient to pay the interest on such deht as it falls due, and also to pay and discharge the principal of such deht within eighteen years...
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Albany Law Journal, Volume 7

Law - 1873 - 532 pages
...to meet deficits in revenues, or for expenses uot provided for, or to repel invasion, etc., unless authorized by a law for some single work or object to be distinctly specified therein, and such law cannot take effect until upon a submission to the people at a general election it shall have received...
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The Constitution of the State of Illinois: As Adopted in Convention, May 13 ...

Illinois, Illinois. Constitutional Convention - Constitutional history - 1870 - 64 pages
...aforesaid, shall, before or at the time of doing so, 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....
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Journal of the Constitutional Convention, of the State of Illinois: Convened ...

Illinois. Constitutional Convention - Constitutional conventions - 1870 - 1074 pages
...aforesaid, shall, before or at the time of doing so, 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 difchurge the principal thereof within ten years from the time of contracting the same. Mr....
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Proceedings of the State Convention, Held at Rochester, January 19th, 1870 ...

Commercial Union of the State of New York - Canals - 1870 - 116 pages
...a general election. Even then the law must also provide that a direct annual tax shall be collected to pay the interest on such debt as it falls due, and to discharge the principal within eighteen years after the creation of the debt. An amendment adopted...
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The New Constitution of the State of Illinois: Ratified by the People, July ...

Illinois - Constitutional law - 1870 - 50 pages
...aforesaid, shall, before or at the time of doing so, 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....
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Laws of the State of Wisconsin

Wisconsin - Bills, Private - 1873 - 710 pages
...aforesaid, shall "before or at the time of doing so, 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."...
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A Practical Treatise on the Law of Municipal Bonds, Volume 1

William Nichols Coler - Municipal bonds - 1873 - 482 pages
...aforesaid, shall, before or at the time of doing so, 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....
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Digest of the Decisions of the Supreme Court of Iowa: From the ..., Volume 1

Thomas Foster Withrow, Edward Holcomb Stiles - Law reports, digests, etc - 1874 - 616 pages
...be hereafter contracted by orón behalf of this State unless such debt shall be authorized by some law for some single work or object, to be distinctly...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...
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Annual Report, Volume 1

New York (State). Board of Charities - 1910 - 1154 pages
...which provides in part that " No debts shall be hereafter contracted by or in behalf of this State unless such debt shall be authorized by a law, for...single work or object, to be distinctly specified tbereiu." The construction of the State charitable institutions may be fairly considered a " single...
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