...Constitution of this State contains the following inhibitor)' provision: " No county, or other political or municipal corporation, shall be allowed to become indebted in any manner or for any purpose to an amount in the aggregate exceeding five per cent on the value of the taxable property...

...corporations shall be taxed for the payment of debts contracted under authority of law, such taxes § IxJ. No county, city, township, school district, or other...assessment for state and county taxes, previous to the incurnng of such indebtedness. Any county, city, school district, or other municipal corporation, incurring...

...become indebted in any manner or for any Bound vs. The Wisconsin Central Railroad Company and others. purpose, to an amount, including existing indebtedness,...taxes previous to the incurring of such indebtedness." The value of all the taxable property in the defendant town, in November, 1875, ascertained in the...

...indebtedness of said town, so that the aggregate indebtedness of said town shall not exceed five per centum of the value of the taxable property therein, to be ascertained...assessment for State and county taxes previous to the issue from time to time of said bonds, for the purpose of funding any indebtedness legally contracted...

...the aggregate exceeding two per centum on the value of taxable property within such corporation, to be ascertained by the last assessment for State and...taxes, previous to the incurring of such indebtedness, and all bonds or obligations in excess of such amount, given by such corporation, shall be void. Provided,...

...taxation, and in contracting debts by such municipal corporations. No county, city, town, village, school district, or other municipal corporation, shall be allowed to become indebted in any manner or for any purpose, to any amount, including existing indebtedness, in the aggregate exceeding five per...

...in aid of any railroad or private corporation, and further forbids the incurring of any indebtedness to an amount, including existing indebtedness, in the aggregate exceeding five per cent, on the value of the taxable property therein. These are wise and fortunate provisions, and under...

...in aid of any railroad or private corporation, and further forbids the incurring of any indebtedness to an amount, including existing indebtedness, in the aggregate exceeding five per cent on the value of the taxable property therein. "These," the Governor says, " are wise and fortunate...

...in aid of any railroad or private corporation, and further forbids the incurring of any indebtedness to an amount, including existing indebtedness, in the aggregate exceeding five per cent, on the value of the taxable property therein. These are wise and fortunate provisions, and under...

...Constitution, adopted in 1870 (section 12, art 9), forbids municipalities "to become indebted in any manner or for any purpose, to an amount, including existing...taxes, previous to the incurring of such indebtedness"; with proviso that it shall not apply to bonds issued in compliance with vote of the people prior to...