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" ... provide for the collection of a direct annual tax to pay, and 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. "
Wisconsin Session Laws - Page 87
by Wisconsin - 1931
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An Economic Analysis of the Constitutional Restrictions Upon Municipal ...

Ward Leslie Bishop - 1928 - 656 pages
...substantially equal annual installments within twenty years." The 1870 section provided only that the tax be "sufficient to pay the interest on such debt, as it falls due, and also to pay and discharge the principal thereof within twenty years." The provision reflects a knowledge in...
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Annual Report of the Attorney General of the State of New York

New York (State). Attorney General's Office - 1901 - 380 pages
...specified therein; and that such law shall provide for the collection of a direct wmvual tax to pay and 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...
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Report of the Commissioner of Education Made to the Secretary of ..., Volume 2

United States. Bureau of Education - 1895 - 956 pages
...aforesaid, Khali, 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 to pay and discharge the principal thereof within twenty years from the time of contracting the same....
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The Laws of Wisconsin

Wisconsin - 1931 - 1032 pages
...district under the corporate seal of the district, to approve the form of such bonds and prescribe the duties of the clerk and treasurer of the district...first installment of principal shall fall due and he payable not later than two years after the date of issue ; and the sum of the principal and interest...
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The Northeastern Reporter, Volume 74

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) - 1916 - 680 pages
...therein; and such law shall impose and provide for the collection of a direct annual tax to pay, and sufficient to pay, the interest on such debt as it falls due, and also to pay and discharge the principal of such debt within fifty years from the time of the contracting thereof....
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American State Debts

Benjamin Ulysses Ratchford - 1941 - 656 pages
...therein, and such law shall impose and provide for the collection of a direct annual tax to pay, and sufficient to pay, the interest on such debt as it falls due and also to pay and discharge the principal of such debt within twenty-five years from the time of the contracting...
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Code of Federal Regulations: Containing a Codification of Documents of ...

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 ...

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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