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" ... sufficient to pay, the interest on such debt as it falls due, and also to pay and discharge the principal of such debt within eighteen years from the time of the contracting thereof. "
The Constitution of the State of New York, Together with the Rules and ... - Page 42
by New York (State). Legislature - 1887
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Economic Survey of Certain Federal and Private Irrigation Projects: Hearings ...

United States. Congress. House. Committee on Irrigation and Reclamation - Irrigation - 1930 - 336 pages
...sufficient to pay the interest and to provide a sinking fund to pay the principal of such debt within fifty years from the time of the contracting thereof. No such law shall take effect until it shall have been submitted to the qualified electors of the State and have received a majority of all the...
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Economic Survey of Certain Federal and Private Irrigation Projects: Hearings ...

United States. Congress. House. Committee on Irrigation and Reclamation - Irrigation - 1930 - 320 pages
...sufficient to pay the interest and to provide a sinking fund to pay the principal of such debt within fifty years from the time of the contracting thereof. No such law shall take effect until it shall have been submitted to the qualified electors of the State and have received a majority of all the...
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The Northeastern Reporter, Volume 74

Law reports, digests, etc - 1905 - 2338 pages
...named, shall, before or at the time of doing so, provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it falls due, and also tq pay and discharge the principal thereof within twenty years from the time of contracting the same....
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Provisions of the State Constitutions Relating to Taxation: Report to ...

United States. Congress. Internal Revenue Taxation Joint Committee - 1938 - 198 pages
...incurring any indebtedness as aforesaid shall * * * provide for the collection of a direct annual tax sufficient to pay the interest on such debt as it falls due, nnd also to pay .and discharge the principal thereof * * * (art. XI, sec. 3, amended). (6) School taxes....
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McKinney's Consolidated Laws of New York Annotated: With Annotations ..., Book 2

New York (State) - Law - 1916 - 680 pages
...alteration. In case the Legislature increase the rate of interest upon any such debt, or part thereof, it shall impose and provide for the collection of a direct annual tax to pay and sufficient to pay the increased or altered interest on such debt as it falls due and also to pay and discharge the principal...
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American State Debts

Benjamin Ulysses Ratchford - Debts, Public - 1941 - 656 pages
...of this State, unless such debts shall be authorized by law for some work or object, to be distincdy specified therein, and such law shall impose and provide...pay and discharge the principal of such debt within twenty-five years from the time of the contracting thereof. No such law shall take effect until it...
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American State Debts

Benjamin Ulysses Ratchford - Debts, Public - 1941 - 668 pages
...purposes of war or to repel invasion or to suppress insurrection, unless the same shall be authorized by a law for some single work or object, to be distinctly specified therein." The authorizing act must provide ways and means to pay interest and to discharge the principal within...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 118

New York (State). Courts - Law reports, digests, etc - 1922 - 1060 pages
...shall be hereafter contracted by or in behalf of this State, unless such debt shall be authorized by law, for some single work or object, to be distinctly specified therein. * * * No law authorizing the contracting of a debt pursuant to this section shall take effect until...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1977 - 970 pages
...unless such debt shall be authorized by a law providing for the collection of an annual tax or taxes sufficient to pay the Interest on such debt as it falls due, and also to discharge the principal thereof within fifteen years from the time of contracting the same; and the...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1978 - 1266 pages
...unless such debt shall be authorized by a law providing for the collection of an annual tax or taxes sufficient to pay the interest on such debt as it falls due, and also to discharge the principal thereof within fifteen years from the time of contracting the same; and the...
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