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" 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... "
Collections of the New-York Historical Society for the Year ... - Page 69
1849
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Stryker's American Register and Magazine, Volume 3

History, Modern - 1849 - 626 pages
...in any manner, to be given or loaned to, or in aid of, any individual, association, or corporation. state in war. With these exceptions, no debt can be...submitted to the people at a general election, and have received a majority of all -the votes cast for and against it. Whenever any such law shall have been...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 269

Illinois. Supreme Court - Law reports, digests, etc - 1916 - 710 pages
...provides that at the time of incurring any indebtedness the city shall provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due and to pay and discharge the principal within twenty years from the time of contracting the debt, and every indebtedness...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 282

Illinois. Supreme Court - Law reports, digests, etc - 1918 - 720 pages
...city council must, before or at the time of incurring the indebtedness, provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due and the principal within twenty years. In People v. Day, supra, we held that the provision by a municipal...
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Annual Report of the Corporation of the Chamber of Commerce, of ..., Volume 47

New York Chamber of Commerce - Commerce - 1905 - 474 pages
...object, that the legixlative act authorizing the debt should impose and provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it should fall due, and to discharge the principal within eighteen years. It provided further that no...
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Annual Report of the Corporation of the Chamber of Commerce, of ..., Volume 47

New York Chamber of Commerce - Commerce - 1905 - 476 pages
...object, that the legislative act authorizing the debt should impose and provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it should fall due, and to discharge the principal within eighteen jsars. It provided further that no...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 120

United States. Supreme Court - Law reports, digests, etc - 1887 - 882 pages
...taxable property, including existing debt, and required them to provide for the collection of an annual tax sufficient to pay the interest on the debt as it falls due and to pay and discharge the principal within twenty years from the time of Its contraction. The city of East...
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United States Reports: ... and Rules Announced at ...

United States. Supreme Court - Law reports, digests, etc - 1887 - 888 pages
...taxable property, including existing debt, ami required them to provide for the collection of an annual tax sufficient to pay the interest on the debt as it falls due and to pay and discharge the principal within twenty years from the time of its contraction. The city of East...
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Municipal Corporation Cases Annotated: A Collection of All Cases ..., Volume 6

Thomas Johnson Michie - Municipal corporations - 1902 - 1050 pages
...incurring any indebtedness shall provide before or at the time of doing so for the collection of a direct tax sufficient to pay the interest on the debt as it falls due, and to discharge the principal within 20 years. Held, that a contract for a sewer system, payable within one...
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Government ; Its Origin, Growth, and Form in the United States: With Special ...

Robert Lansing, Gary M. Jones - New York (State) - 1902 - 476 pages
...states the object for which the money is to be raised, and provides for the collection of an annual tax sufficient to pay the interest on the debt as it falls due, and the principal within eighteen years. Then the law so passed must be approved by the voters of the whole...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 23

Idaho. Supreme Court - Law reports, digests, etc - 1913 - 920 pages
...provides that at the time of incurring any indebtedness the city shall provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due, and to pay and discharge the principal within twenty years from the time of contracting the debt, and every indebtedness...
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