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" ... provide for the collection of a direct annual tax to pay,, and sufficient to pay, the interest on such debt as it falls due, and also to pay and discharge the principal of such debt within fifty years from the time of the contracting thereof. "
Pay as You Go!: Or, The Unconstitutionality of the Nine Million Debt Bill ... - Page 45
1851 - 46 pages
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Laws

Illinois - Law - 1923 - 714 pages
...or at the time of incurring any indebtedness shall provide for the collection of a direct annual tax sufficient to pay the interest on such debt, as it falls due, and also to pay and discharge the principal thereof, within twenty years after contracting the same. § 16J/2....
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Merchants' Magazine and Commercial Review, Volume 16

Commerce - 1847 - 670 pages
...the debts specified in the tenth and eleventh sections of this article, no debt "hall hereafter be contracted by or on behalf of this state, unless such...due, and also to pay and discharge the principal of »t>ch debt within eighteen years from the time of the contracting thereof. No such law shall take...
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New York Municipal Gazette (New York, N.Y.), Volume 1, Issues 41-48

Ebenezer Meriam - Finance - 1847 - 224 pages
...this article, no debt shall be hereafter contracted by or on behalf of this Stale, unless such debts shall be authorized by a law, for some single work...principal of such debt within eighteen years from the time ofthe contracting thereof. No such law shall take effect until it shall, at a general election, have...
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Journal of Proceedings

Wisconsin. Legislature. Senate - Legislation - 1895 - 1114 pages
...aforesaid, shall, before or at the time of doing so, provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it falls due, and also to pay and discharge the principal thereof, within fifty years from the time of contracting the same....
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Proceedings of the Maryland State Convention to Frame a New Constitution ...

Maryland. Constitutional Convention - Constitutional conventions - 1851 - 952 pages
...unless such debt shall be authorised by a law pioviding for the collection of an annual tax or taxes sufficient to pay the interest on such debt as it falls due, and also to discharge the principal of such debt within fifteen years from the time of contracting the same. And...
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Proceedings of the Maryland State Convention to Frame a New Constitution ...

Maryland. Constitutional Convention - Constitutional conventions - 1850 - 946 pages
...unless such debt shall be authorised by a law, providing for the collection of an annual tax or taxes sufficient to pay the interest on such debt as it falls due, and also to discharge the principal thereof within fifteen years from the time of contracting the same; and the...
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The United States Democratic Review, Volume 29

United States - 1851 - 598 pages
...by or on behalf of this state, unless such debt shall be authorized by a law, for some single woi-k or object, to be distinctly specified therein; and...interest on such debt as it falls due, and also to pay and discharge the prmcipal of such debt within eighteen years from the time of the contracting...
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The Constitution of the State of Maryland, Reported and Adopted by the ...

Maryland - Constitutions - 1851 - 142 pages
...unless such debt shall be authorized by a law providing for the collection of an annual tax or taxes sufficient to pay the interest on such debt as it falls due, and also to discharge the principal thereof within fifteen years from the time of contracting the same, and the...
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Debates and Proceedings of the Maryland Reform Convention to Revise the ...

Maryland. Constitutional Convention - Constitutional conventions - 1851 - 620 pages
...unless such debt shall be authorized >ya law, providing'for the collection of an annual tax or taxes, sufficient to pay the interest on such debt as it falls due, and also to discharge the principal thereof within fifteen years from the inn: of contracting the same; and the...
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The Constitutions of the Several States of the Union and United States ...

Constitutional history - 1852 - 680 pages
...unless such debt shall be authorized by a law providing for the collection of an annual tax or taxes sufficient to pay the interest on such debt as it falls due, and also to discharge the principal thereof within fifteen years from the time of contracting the same, and the...
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