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" ... per centum on the value of the taxable property therein, to be .ascertained by the last assessment for State and county taxes, previous to the incurring of such indebtedness. "
Biennial Report of the Superintendent of Public Instruction of the State of ... - Page 104
by Illinois. Office of the Superintendent of Public Instruction - 1917
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Laws of the State of Indiana, Passed at the ... Session of the General Assembly

Indiana - Law - 1919 - 1064 pages
...an amount in the aggregate of two per cent (2%) of the valuation of the taxable property within said district, to be ascertained by the last assessment...state and county taxes, previous to the incurring of said indebtedness. All bonds authorized by said board of trustees shall be exempt from taxation, and...
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The Metropolitan Frontier and American Politics: Cities of the Prairie

History - 2003 - 542 pages
...indebtedness, in the aggregate exceeding 5 per cent on the value of the taxable property therein, to be ascertained by the last assessment for state and...taxes, previous to the incurring of such indebtedness. Any county, city, school district, or other municipal corporation incurring any indebtedness as aforesaid,...
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