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" ... 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. "
Journal of the Constitutional Convention, 1920-1922 of the State of Illinois ... - Página 902
por Illinois. Constitutional Convention - 1922 - 974 páginas
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Proceedings of the City Council ...

Chicago (Ill.). City Council - 1904 - 1042 páginas
...corporation incurring any indebtedness as aforesaid, 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 to pay and discharge the principal thereof within twenty years...
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A Treatise on the Law of Municipal Corporations, Volumen1

Howard Strickland Abbott - 1905 - 996 páginas
...that of the Illinois Const. 1870, art. 9, § 12, that any municipal corporation incurring indebtedness shall "provide for the collection of a direct annual tax sufficient to pay" the interest as it falls due and the principal within a cerof the County Court of Lincoin s1s Shackelton v. Town...
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The Revised Municipal Code of Chicago of 1905: Passed March 20, 1905 ...

Chicago (Ill.) - 1905 - 1000 páginas
...previous to the incurring of such indebtedness ; and before or at the time of incurring any indebtedness, shall 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...
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The Financial History of Wisconsin, Volumen2,Tema 2

Raymond Vincent Phelan - 1905 - 308 páginas
...incurred. A municipal corporation must, at or before the time of incurring indebtedness, provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due and sufficient also to pay the principal within twenty years.9 In the general power...
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Digest of City Charters: Together with Other Statutory and Constitutional ...

Chicago (Ill.) - 1906 - 432 páginas
...assented to by a majority of the voters. Before incurring indebtedness the council must provide for the collection of a direct annual tax sufficient to pay the interest on the debt and also to pay and discharge the principal within 20 years. The council may issue bonds to replace maturing...
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The School Law of Illinois with Annotations

Illinois - 1906 - 430 páginas
...corporation incurring any indebtedness as aforesaid, 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 to pay and discharge the principal thereof within twenty years...
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Revenue Systems of State and Local Governments

Carl Copping Plehn - 1907 - 226 páginas
...municipal corporation incurring any indebted ness'nmst, before or at the time of doing so, provide for the collection of a direct annual tax sufficient to pay the interest on the debt as it falls due and also the principal within twenty years.) OFFICERS. The officers most directly concerned...
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Revenue Laws of the State of Illinois

Illinois - 1916 - 146 páginas
...corporation incurring any indebtedness as aforesaid, 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 to pay and discharge the principal thereof within twenty years...
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The Educational Bi-monthly, Volumen10

Ella Flagg Young, William Bishop Owen - 1916 - 518 páginas
...people. Other important requirements are found in the state constitution; (a) the city must "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...
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The Law Governing the Issuing, Transfer and Collection of Municipal Bonds

William Henry Harris - 1917 - 496 páginas
...corporation, incurring any indebtedness as aforesaid, 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 to pay and discharge the principal thereof within twenty years...
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