 ... before or at the time of incurring such indebtedness provision shall be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal...  The Pacific Reporter - Page 4101897Full view - About this book
 | 1885 - 816 pages
...collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due " etc. "Any indebtedness or liability, incurred contrary to this provision, shall be void." Under this provision, and under the general provisions of law, bearing on this matter, the Trustees... | |
 | California - Law - 1886 - 964 pages
...such indebtedness, provision shall be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and...incurred contrary to this provision shall be void. Privileges of individuals to lay pipes in cities. SEC. 19. In any city where there are no public works... | |
 | Law reports, digests, etc - 1920 - 1206 pages
...provision shall be made for the levy and collection of an annual tax upon all real and perdehtedness as it falls due, and also to .constitute a sinking...fund for the payment of the principal thereof, within a period of not more than forty years from the time of contracting the same. It shall be the duty of... | |
 | California - Session laws - 1887 - 370 pages
...such indebtedness provisions shall be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal thereof. If at any time the Board of Trustees shall deem it necessary to incur any... | |
 | Law reports, digests, etc - 1914 - 1414 pages
...tax upon all real and personal property subject to taxation within said town, sufficient to pay the Interest on such indebtedness as It falls due, and also to constitute a sinking fund for the payment of the principal and interest thereof within a period of twenty years from the time of contracting... | |
 | Law reports, digests, etc - 1889 - 1028 pages
...to designate the amount of the tax necessary to be raised by annual taxation "sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for payment of the principal thereof within twenty years from the time of contracting the same." The act... | |
 | Law reports, digests, etc - 1904 - 1272 pages
...the time of doing so, shall provide for the collection of an annual tax sufficient to pay interest as it falls due, and also to constitute a sinking fund for the payment of the principal within 20 years from the time of contracting the indebtedness, an objection to the... | |
 | Law reports, digests, etc - 1902 - 1252 pages
...collection of an annual tax sufficient to pay the Interest on said Indebtedness as It falls due, nnd also to constitute a sinking fund for the payment of the principal thereof, within the time said, principal shall become due." The loan is not effected when the vote authorizing It Is... | |
 | Law reports, digests, etc - 1906 - 1362 pages
...collection of an annual tax sufficient to pay the Interest on said refundIng bonds as the same fell due and to constitute a sinking fund for the payment of the principal thereof within the time the same was contracted to be paid; that the said board negotiated and contracted to sell,... | |
 | Law reports, digests, etc - 1919 - 1124 pages
...provide for the collection of an annual tax sufficient to pay the interest on such indebtedness ая it falls due, and also to constitute a sinking fund for the payment of tbe principal thereof, within twenty years from the time of contracting the same. » » * " Constitution,... | |
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