From No. 41 to No. 90, Inclusive

From No. 41 to No. 90, Inclusive

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1868 edition. Excerpt: ...provision to the 7 following effect: The credit of the State shall not in any manner ' 8 be given or loaned to.or in aid of any individual, associatiation or 9 corporation; nor shall any money belonging to the State, raised 10 or to be raised by taxation, be loaned or given to any individual, 11 association or corporation, except that State contributions to pub 12 lic charities, asylums, schools, academics and colleges, may be 13 continued, not exceeding annually the amounts appropriated for 14 such purposes in any year prior to 1866. 1 11. The State may, to meet casual deficits or failures in 2 revenues or for unexpected expenses not provided for, ' tempora3 rily contract debts; but such debts, direct and contingent, singly 4 or in the aggregate, shall not at any time exceed one million of 5 dollars, and the moneys arising from the loans creating such 6 debts shall be applied to the purposes for which they were 7 obtained, or to repay the debt so contracted, and to no other pur 8 pose whatever. 1 12. In addition to the above limited power tp contract 2 debts, the State may contract debts to repel invasion, suppress 3 insurrection or defend the State in war; but the 1noncy-arising 4 from the contracting of such debts shall be applied to the pur5 pose for which it was raised, or to repay such debts, and to no 6 other purpose whatever. i 1 13. Except the debts specified in the twelfth and thirteenth 2 sections of this article, no debts shall be hereafter contracted 3 by or on behalf of this State, unless such debt shall be author4 ized by a law for some single work or object to be distinctly 5 specified therein; and such laws shall impose and provide for 6 a collection of a direct annual tax to pay, and sufficient to...show more

Product details

  • Paperback | 260 pages
  • 189 x 246 x 14mm | 472g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236857585
  • 9781236857583