 ... nor unless, 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...  Supplement to the codes of California - Page 582by California - 1893 - 422 pagesFull view - About this book
 | California - Constitutions - 1879 - 442 pages
...as prescribed by law. ? 18. No cqnnty, city, town, township, Board of Education, or school district shall incur any indebtedness or liability, in any...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
...or municipal corporation. li No county, city, town, township, board of education, or school district shall incur any indebtedness or liability in any manner...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... | |
 | California. Constitutional Convention - California - 1881 - 436 pages
...the last assessment for State and county purposes previous to the incurring such indebtedness, and unless before or at the time of incurring such indebtedness,...sufficient to pay the interest on such indebtedness as it fulls due, and also to constitute a sinking fund for the payment of the principal thereof within twenty... | |
 | California - California - 1881 - 432 pages
...the last assessment for State and county purposes previous to the incurring such indebtedness, and unless, before or at the time of incurring such indebtedness,...shall be made for the collection of an annual tax suflicient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking... | |
 | Law reports, digests, etc - 1902 - 988 pages
...county, city, town, township, board of education, or school district shall incur any indebted- ^ ness or liability in any manner, or for any« purpose,...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,... | |
 | Law reports, digests, etc - 1906 - 1148 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...that purpose, nor unless, before or at the time of incurving such indebtedness, provision shall be made for the collection of an annual tax sufficient... | |
 | 1885 - 816 pages
...in any year the income and revenue provided for it for such year, without the consent of two-thirds of the qualified electors thereof, voting at an election...the interest on such indebtedness as it falls due " etc. "Any indebtedness or liability, incurred contrary to this provision, shall be void." Under this... | |
 | Law reports, digests, etc - 1906 - 1362 pages
...that any school district incurring any indebtedness shall, before or at the time of so doing, provide for the collection of an annual tax sufficient to...interest on such indebtedness as it falls due and also constitute a sinking fund for payment of the principal within 20 years from the time of contracting... | |
 | Law reports, digests, etc - 1907 - 1332 pages
...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... | |
 | James Bryce Bryce (Viscount) - United States - 1888 - 746 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 ouch indebtedness as it falls due, and also to constitute 11 sinking fund for the payment... | |
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