...existing indebtedness, in an aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained by the last assessment...taxes previous to the incurring of such indebtedness. The city of Litchfield, under authority of an act of the legislature, issued bonds to construct water-works,...

...aggregate exceeding two per centum on the value of the taxable property within such corporation to be ascertained by the last assessment for state and...taxes previous to the incurring of such indebtedness, and all bonds or obligations in excess of such amount, given by such corporation shall be void." The...

...aggregate exceeding two per centum on the value of the taxable property within such corporation, to be ascertained by the last assessment for State and...taxes previous to the incurring of such indebtedness ; and all bonds or obligations, in excess of such amount, given by such corporation, shall be void."...

...whatsoever,- to exceed five per centum on the value of taxable property therein, which value shull be ascertained by the last assessment for state and county taxes previous to the issue of such bonds; nor shall they make such issue and sale, without at the same time providing for...

...subdivision of the state, incurring any indebtedness requiring the assent of the voters as fforesald, shall, before or at the time of doing so, provide for the collection of an annual tax sufficient to pay the interest on such Indebtedness as It falls due, and also to constitute...

...existing indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained by the last assessment...taxes, previous to the incurring of such indebtedness." It was made to appear as a fact in that case, that at the time the bonds were issued the city had a...

...territory is taken, an indebtedness exceeding five per centum on the value of the taxable property therein, to be ascertained by the last assessment...taxes, previous to the incurring of such indebtedness. SECTION 413. The formation of any such schooldistrict shall be by written order (1) of the town board,...

...exceeding five per centum on the value of the taxable property therein; * * * and any * * * city * * * or other municipal corporation incurring any indebtedness as aforesaid shall, before or at the time of doirg so, provide for the collection of a direct annual tax. * * *" It thus appears that the duty to...

...of School District No. 131, shall exceed 5 per cent, of the assessed value of the taxable property therein, to be ascertained by the last assessment for state and county taxes previous to Incurring such indebtedness. Reversed and remanded. (212 111. 292) CHICAGO CITY RY. CO. v. МАТТШЕSON.*...

...the aggregate, five per centum on the value of the taxable property therein, to he ascertained by the last assessment for state and county taxes, previous to the incurring of such indebtedness. * * * " It would be difficult to employ language making it plainer that the prohibition is on each...