...language: "The end sought to be attained was clearly a limitation upon the debt of municipalities, and seven per centum upon the assessed value of the taxable property therein was fixed as the maximum. The fact was, however, known to the convention that at that time the debt...

...same, by striking out all after the word "section," and inserting in lieu thereof as follows, viz : "The debt of any county, city, borough, township,...district, except as herein provided, shall never exceed five per centum upon the assessed value of the taxable property therein ; nor shall any such municipality...

...amendment will be read. The CLERK. The amendment if amended as proposed, will read as follows: " No debt of any county, city, borough, township, school...incorporated district, except as herein provided, shall ever exceed five per centum upon the assessed value of the taxable property therein ; nor shall any...

...appropriate money for or to loan its credit to any corporation, association, institution, or individual. The debt of any county, city, borough, township, school...property therein, nor shall any such municipality or distrtct incur any new debt, or increase its indebtedness to an amount exceeding two per centum upon...

...appropriate money for or to loan its credit to any corporation, association, institution, or individual. The debt of any county, city, borough, township, school...exceed seven per centum upon the assessed value of the taxaole property therein, nor shall any euch municipality or district incur any new debt, or increase...

...the questions raised by the special verdict. Section 8, Art. IX., of the Constitution is as follows: "The debt of any county, city, borough, township,...shall any such municipality or district incur any new!debt, or increase its indebtedness to an amount exceeding two per centum upon such assessed valuation...

...which limits the debt of the various municipalities, is as follows: 'The debt of any city, county, borough, township, school district, or other municipality or incorporated district, except as cree of the Common Pleas No. I, of Philadelphia herein provided shall never exceed 7 per centum County,...

...association, institution, or individual. SECT. 8. The debt of any county, city, berough, township, scheol district or other municipality or incorporated district,...shall any such municipality or district incur any now debt, orincrease its indebtedness to an amount i exceeding two per centum upon such assessed valuation...

...for, or to loan its credit to, any corporation, association, institution or individual. SECT. 8. Tho debt of any county, city, borough, township, school...exceed seven per centum upon the assessed value of tho taxable property therein, nor shall any such municipality or district incur any now debt, or increase...

...constitution of 1879). Or the debt of the minor divisions of the State may be limited, as in Pennsylvania : " The debt of any county, city, borough, township, school...the assessed value of the taxable property therein " (1873, Art. ix, § 8). There are a large number of objects for which debts may be contracted and...