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" This section shall not be construed to prevent the issuing of certificates of indebtedness or revenue bonds issued in anticipation of the collection of taxes for amounts actually contained, or to be contained, in the taxes for the year when such certificates... "
Annual Report - Page 493
by New York (State). Board of Railroad Commissioners - 1895
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Commentaries on the Law of Municipal Corporations, Volume 1

John Forrest Dillon - Corporation law - 1890 - 876 pages
...indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation shall be allowed to become indebted in any further amount until...indebtedness shall be reduced within such limit." Construing this provision, it was held by the Court of Appeals that " city stock " of the city of New...
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Commentaries on the Law of Municipal Corporations, Volume 1

John Forrest Dillon - Corporation law - 1890 - 840 pages
...indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation shall be allowed to become indebted in any further amount until...indebtedness shall be reduced within such limit." Construing this provision, it was held by the Court of Appeals that " city stock " of the city of New...
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Laws of the State of New York, Volume 1

New York (State) - Law - 1893 - 1232 pages
...certificates of indebtedness or revenue bonds issiveu in anticipation of the collection of taxes of amounts actually contained or to be contained in the...for the year when such certificates or revenue bonds aie issued and payable out of such taxes. Nor shall this section be construed to pi-event the issuing...
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The New York State Reporter, Volume 49

Law reports, digests, etc - 1893 - 1042 pages
...unlawful. These are, first, the issue of revenue bonds in anticipation of taxes, provided that they are for amounts actually contained or to be contained in the taxes for the year when such bonds are issued an-i payable out of such taxes ; and, second, the issue of bonds for ..! water supply,...
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American Constitutions: Comprising the Declaration of Independence, the ...

New York (State). Constitutional Convention, George A. Glynn - Constitutional law - 1894 - 1126 pages
...indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation shall be allowed to become indebted in any further amount until...collection of taxes for amounts actually contained, ov to be contained in the taxes for the year when such certificates or revenue bonds are issued and...
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The Clerk's Manual of Rules, Statutes, Procedures and Precedents Applicable ...

1895 - 378 pages
...indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation, shall be allowed to become indebted in any further amount until...contained in the taxes for the year when such certificates or.revenue bonds are issued and payable out of such taxes. Nor shall this section be construed to prevent...
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The Triumph of Reform: A History of the Great Political Revolution, November ...

New York (N.Y.) - 1895 - 436 pages
...rcilueed within such limit This section shall not be const rued to prevent the issu,ng of ccrtificates of indebtedness or revenue bonds issued in anticipation...amounts actually contained, or to be contained in thetaxesfor the year when such certi6eates or revenue bonds are issued and payable out of such taxes....
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The Triumph of Reform: A History of the Great Political Revolution, November ...

New York (N.Y.) - 1895 - 424 pages
...allowed to become indebted Jn any further amount until such indebtedness ahull he reduced u if Inn such limit. This section shall not be construed to...issuing of certificates of indebtedness or revenue bonds insued in anticipation of the collection of taxes for amounts actually contained, or to be contained...
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Documents and Reports of the Constitutional Convention of the State of New ...

New York (State). Constitutional Convention - 1895 - 406 pages
...produce an amount equal to the sum of the principal and interest of said bonds at their maturity. All certificates of indebtedness or revenue bonds issued in anticipation of the collection of taxes which are not retired within five years after their date of issue, and bonds issued to provide...
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Laws of the State of New York, Volume 2, Part 2; Volume 3

New York (State) - Legislation - 1895 - 1092 pages
...annum, as the said mayor and comptroller shall in their discretion fix and deter- . mine, except that certificates of indebtedness or revenue bonds issued in anticipation of the collection of taxe^ may bear sucli rate of interest, not exceeding six per centum per annum, as the said mayor and...
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