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" No county, city, town or village shall hereafter give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or... "
Life and Public Services of Grover Cleveland - Page 48
by Pendleton King - 1884 - 224 pages
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Annotated Consolidated Laws of the State of New York: As Amended ..., Volume 1

New York (State) - 1920 - 1094 pages
...corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation ; nor shall any such county, city, town or village be allowed to incur any Art. VIII, § 10. Loans; limitation of indebtedness. indebtedness except for county, city, town or...
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Analysis of the Electric Railway Problem: Report of the Federal Electric ...

Delos Franklin Wilcox - Electric railroads - 1921 - 820 pages
...corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation ; nor shall any such county, city, town...except for county, city, town or village purposes." These rather sweeping prohibitions have not prevented the City of New York from entering into contracts...
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Annual Report of the Industrial Commission

New York (State). Industrial Commission - Arbitration, Industrial - 1921 - 296 pages
...might run counter to section 10 of article VIII of the New York State Constitution, which provides: Nor shall any such county, city, town or village be...except for county, city, town or village purposes. This has been interpreted in the case of Deady v. The Village of Lyons, 39 App. Div. 139, as a prohibition...
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Legislative Document, Volume 25

New York (State). Legislature - New York (State) - 1921 - 1020 pages
...might run counter to section 10 of article VIII of the Xcw York State Constitution, whieh provides: Nor shall any such county, city, town or village be...except for county, city, town or village purposes. This has been interpreted in the case of Deady v. The Village of Lyons, П9 App. Div. 139, as a prohibition...
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Reports of Decisions ..., Volume 1

New York (State). Transit Commission - Law reports, digests, etc - 1921 - 210 pages
...was whether the act violated the constitutional provision that no county, city, town or village shall 'be allowed to incur any indebtedness except for county, city, town or village purposes" (Const., art. 8, sec. 10). The courts held it did not, that the proposed road "may properly be held...
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Historical Outline of Policy [in] New York School Legislation

Stuart Hedden - Education and state - 1922 - 260 pages
...corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation; nor shall any such county, city, town...except for county, city, town or village purposes. This section shall not prevent such county, city, town or village from making such provision for the...
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The New York Supplement, Volume 195

Law reports, digests, etc - 1922 - 1024 pages
...give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, * * • nor shall any such county, city,...incur any indebtedness except for county, city, town ox- village purposes." The superintendent of highways of a town or of a county, or a supervisor of...
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Municipal Bonds: A Statement of the Principles of Law and Custom Governing ...

Municipal bonds - 1922 - 260 pages
...are found in the constitutions and laws of many States. "No county, city, town or village shall * * * be allowed to incur any indebtedness except for county, city, town or village purposes * * *. No county or city shall be allowed to become indebted for any purpose or in any manner to an...
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Legislative Document, Volume 20

New York (State). Legislature - New York (State) - 1922 - 940 pages
...corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation; nor shall any such county, city, town or village be allowed to incur indebtedness except for county, city, town or village purposes. This section shall not prevent such...
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