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" The credit of the State shall not, in any manner, be given or loaned to, or in aid of, any individual, association or corporation. "
Journal of the Senate of the ... General Assembly of the State of Iowa - Page 187
by Iowa. General Assembly. Senate - 1862
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The American Law Register, Volume 11; Volume 20

Electronic journals - 1872 - 854 pages
...whatever shall hereafter be created by or on behalf of the state." The fourth section declares that " the credit of the state shall not, in any manner, be given or loaned to or in aid of any individual, association, or corporation whatever, nor shall the state ever hereafter become a joint owner or stockholder...
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The Political Code of the State of California, Volume 2

California - California - 1872 - 732 pages
...regulations as the Legislature may prescribe. Creditof the StiUo not to be given or loaned. SEc. 10. The credit of the State shall not in any manner be given or loaned to or in aid of any individual, association, or corporation; nor shall the State, directly or indirectly, become a stockholder in any...
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October term, 1870-December term, 1871

Ohio. Superior Court (Cincinnati) - Law reports, digests, etc - 1872 - 672 pages
...improvement, however, is not mentioned. By the fourth section of the same article, it is provided that "the credit of the State shall not, in any manner,...given or loaned to, or in aid of, any individual, association, or corporation whatever, nor shall the State ever hereafter become a joint owner or stockholder...
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Report of the Special Joint Committee on Taxation and Retrenchment

New York (State). Special Joint Committee on Taxation and Retrenchment - Taxation - 1924 - 1034 pages
...issuing bonds without the approval of the voters and wrote into the constitution these words : ' ' the credit of the state shall not in any manner be given or loaned to or in aid of any individual, association or corporation."* The restrictions on borrowing which were adopted in the constitution...
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Iowa Journal of History, Volume 22

Iowa - 1924 - 692 pages
...constitution says "debt or debts, liability or liabilities, ' ' while the provision under consideration says ' the credit of the State shall not, in any manner, be given or loaned to, or in aid of,' &c. That provision could not be interpreted as the gentleman from Benton, (Mr. Traer,) interprets...
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The Reasonableness of the Law: The Adaptability of Legal Sanctions to the ...

Charles William Bacon, Franklyn Stanley Morse - Common law - 1924 - 424 pages
...November 11, 1918, was invalid because of repugnance to a provision of the State constitution that "The credit of the State shall not in any manner be given or loaned to, or in aid of, any individual."2 The Westchester County National Bank had been the successful bidder for #25,000...
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History of Ohio, Volume 2

Charles Burleigh Galbreath - Biography - 1925 - 844 pages
...the said funds shall be disposed of as shall be provided by law. (Adopted November 8, 1921.) Sec. 4. The credit of the state shall not, in any manner be given or loaned to, or in aid of, any individual association or corporation whatever; nor shall the state ever hereafter become a joint owner, or stockholder,...
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Messages of the Governors of Michigan ...

Michigan. Governor - Governors - 1926 - 664 pages
...loans, that their convention just referred to, adopted a provision that the credit of the state should not in any manner, be given or loaned to, or in aid of, any individual, association or corporation ; and our younger, but 1i0 less sagacious and prudent sister, Wisconsin,...
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Legislative Document, Volume 16

New York (State). Legislature - New York (State) - 1926 - 1006 pages
...issuing bonds without the approval of the voters and wrote into the constitution these words : ' ' the credit of the state shall not in any manner be given or loaned to or in aid of any individual, association or corporation."* The restrictions on borrowing which were adopted in the constitution...
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The State Control of Public Utilites in the Decade of the Fifties

Eva Swantner - 1926 - 184 pages
...proposed a section prohibiting such grants it was adopted unanimously without debate. It provided that, "The credit of the State shall not in any manner be given or loaned to aid or in aid of any indivi8 dual, association or corporation." It was also provided that the claims...
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