... 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 provision to constitute a sinking fund for the payment... The Pacific Reporter - Page 21896Full view - About this book
| United States. Bureau of Education - Education - 1895 - 982 pages
...requiring the assent of the voters as aforesaid, shall, before or at tho time of doing so, provide for the collection of an annual tax sufficient to...falls due, and also to constitute a sinking fund for payment of the principal thereof, within twenty years from the time of contracting tho same. SEC. 21.... | |
| Law - 1896 - 542 pages
...incurring the indebtedness, provision for collection of "an annual tax sufficient to pay the interest of such indebtedness as it falls due, and also to constitute a sinking fund, and for payment of the principal thereof, within twenty years of contracting the same;" that the city... | |
| Law - 1897 - 1116 pages
...class is section 3 of article 8. regarding county and city indebtedness, which .requires ''two-thirds of the qualified electors thereof voting at an election to be held for that purpose;'1 that is, two-thirds of the qualified electors of such county or city. Also of the... | |
| Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1910 - 688 pages
...that "the city council shall annually levy a sufficient tax to pay the interest on said sewer bonds as it falls due and also to constitute a sinking fund for the payment of the principal thereof." It is thus seen it was expressly provided in the published ordinance and... | |
| California - Constitutions - 1879 - 442 pages
...exceeding in any year the income and revenue provided for it for such year without the assent of two thirds of the qualified electors thereof voting at an election...interest on such indebtedness as it falls due, and also provision to constitute a sinking fund for the payment of the principal thereof on or before maturity,... | |
| Encyclopedias and dictionaries - 1880 - 912 pages
...in any year the income and revenue provided for it for such year, without the assent of two thirds of the qualified electors thereof voting at an election...the collection of an annual tax sufficient to pay the interest on snch indebtedness аз it falls due, and also to constitute a sinking fund for the... | |
| Law reports, digests, etc - 1923 - 1092 pages
...in that year, the income and revenue provided for it for such year, without the assent of two-thirds of the qualified electors thereof, voting at an election to be held for that purpose." The plaintiff in error contends that the bonds are void for the reason that they... | |
| California. Constitutional Convention - California - 1878 - 524 pages
...such indebtedness, provision shall be made n of an annual tax sufficient to pay the interest on such it falls due, and also to constitute a sinking fund for the ; principal thereof within forty years from the time of same." ;e decided to insert the word "forty;"... | |
| California, California. Constitutional Convention - California - 1880 - 648 pages
...year, the income and revenue provided for such year, without the assent of two thirds of the voters thereof voting ,at an election to be held for that purpose, nor in cases requiring such assent, shall any indebtedness be allowed to be incurred toan amount, including... | |
| California - California - 1881 - 522 pages
...assessment for State and county purposes previous to the incurring such indebtedness, and unless, Ix:fore or at the time of incurring such indebtedness, provision...fund for the payment of the principal thereof within forty years from the time of contracting the same." The committee decided to insert the word "forty;"... | |
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