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" The corporate body incurring any such debt before or at the time of doing so shall provide for the collection of a direct annual tax sufficient to pay the interest on the debt and to pay the principal thereof in substantially equal annual installments... "
Collections of the New-York Historical Society for the Year ... - Page 69
1849
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The Government and Civil Institutions of New York State

Robert Lansing, Gary M. Jones - New York (State) - 1903 - 220 pages
...states the object for which the money is to be raised, and provides for the collection of an annual tax sufficient to pay the interest on the debt as it falls due, and the principal within eighteen years. Then the law so passed must be approved by the voters of the whole...
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The Financial History of Wisconsin, Volume 2, Issue 2

Raymond Vincent Phelan - Finance - 1905 - 308 pages
...municipal corporation must, at or before the time of incurring indebtedness, provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due and sufficient also to pay the principal within twenty years.9 In the general power given the legislature...
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Bulletin of the University of Wisconsin: Economics and political ..., Volume 2

University of Wisconsin - Social sciences - 1907 - 500 pages
...municipal corporation must, at or before the time of incurring indebtedness, provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due and sufficient also to pay the principal within twenty years.9 In the general power given the legislature...
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Revenue Systems of State and Local Governments

Carl Copping Plehn - Taxation - 1907 - 226 pages
...incurring any indebted ness'nmst, before or at the time of doing so, provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due and also the principal within twenty years.) OFFICERS. The officers most directly concerned with taxation...
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Public Papers of Governor

New York (State). Governor - 1910 - 396 pages
...and its power and duty under the constitutional amendment of 1905 is to provide for an annual direct tax sufficient to pay the interest on the debt as it falls due and the principal of the debt " within fifty years from the time of the contracting thereof." The security...
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Civics for New York State

Charles De Forest Hoxie - Civics - 1910 - 404 pages
...some single work or object to be distinctly specified; and the law must provide for the collection of a direct annual tax sufficient to pay the interest on the debt, and to pay the debt within fifty years; and before taking effect, such law must be submitted to the...
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Wisconsin Session Laws

Wisconsin - Bills, Private - 1919 - 1684 pages
...order. The municipality shall within ninety days after being so notified provide for the collection of a direct annual tax sufficient to pay the interest on the debt incurred by the acquisition of such property as it falls due and also to pay and discharge the principal...
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Constitutional History of the State of New York

John Hampden Dougherty - Constitutional history - 1915 - 408 pages
...object for which the debt was to be incurred; that the law should also provide for the collection of a direct annual tax, sufficient to pay the interest on the debt as it fell due, and the principal within a period of eighteen years from the time when the debt had been...
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The Laws of Wisconsin

Wisconsin - Session laws - 1919 - 1744 pages
...order. The municipality shall within ninety days after being so notified provide for the collection of a direct annual tax sufficient to pay the interest on the debt incurred by the acquisition of such property as it falls due and also to pay and discharge the principal...
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Journal Missouri Constitutional Convention of 1875 ...: With an Historical ...

Missouri. Constitutional convention - 1920 - 458 pages
...the proposition to incur such indebtedness, with a provision for the levy and collection of an annual tax sufficient to pay the interest on the debt as it falls due, and also to constitute a sinking fund for the payment of the principal thereof, within twenty years from...
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