, 1876-09-08

H. a,nonnt s3seedIcg i, tle aggregate { W. eent
o. tho Indebtedness; ana that any count, inco,rng
tnch, Indebtedness shall. bcfnre nr At the Tine
i, ssas !. # r. s: ee Ill., md i d d.ehsias
the principal In 20 years ef'no from iM coatrac'
ln.,gc Farwcl continued: There provisions con.
tro! wherever thsy have my application. No
s'atptH 10 rale of lsw can haze :iy eftee, where
ts eo5 Te aons n1sst T. c.s Mo ny
Of c.fsJ'1E ont thG.e p1oyi.on., petl'p., % .one
With W teer se IN IT, s Sss sh.ps
fte1a'!ng t2 eonn'fs; pag. os lsovsed Statutes.
question shall be submitted to tho people OF the
;.tanty and the psreq"s 1S e b
that IN caac It shall DO ncce'sary Tor the County
Hoard 10 istnc bonds for county rnrnoses. that
7neaion shall BE- submitted to the people. 40 that
ferrcl to-throwlnH ont tho consideration u any
o.acr. to 'saFt wtthe eosnsy cannot Ivy az ,ax
@ ' on Il. s"nse Il III psops %
tn bc slgnlacd by vutc. II cannot run Fl debt
to exceed pcr cunt IN TUG aeFessed value nf tho
event, excluding, Of couT.s,, In all theHo cases,
the ds!t Ti,cl, was sea!n.s ths county before tho
ws a9Rtsd M s9Hn,1
= vote Of tic 1rUrle 0f tho county to sppsoye Ut
It., iii. proposes to Iasuo bonds It n1u.t get
p"ts nGS s, oq 'ss ay sou Sa tTaa
at tla tmc. or before u rnns IN debt, for The ray.
mont OF tho interest and principal by lax. Then
-. TIE QUESTION ARISES:
poses % 10 rsko Nth Mcneil son M eonPae. % w]iic
creates debt within the meaning of the Inv and
the eonttltnt!onl II i Il running D debt; then
icon Complied With 10 thst Il Il Proper M to run j"
9eStl Tha rnssca some 9uettion' that aro rather
Ssnt rat a 81 Gtsat DE-, q and
not bc fully mot 6y decislons which ean be cited.
psp sps @ sy 9n s; @ ,n2s Hoa 11t H. % S, ss Is
cidsl by the courts; md was held BY hi: court,
Eysa y jraSs sS;s MsA's, lei I i,,rti IA
taasa ars from year 10 yess iosle, Though not col:
.es bur- dang ssins Tic year sa tba
not within tlr the conAtitutlon running In
aob for tho authorities incur Indebtedness, enter
has teei. nssesaed; that is merely one hnnd war
ing Tue other-a calculation that is based upon
at ES e. sy tn
We held also IN that case Tint although the full q
per rent might exist In the indebtedness that would
mediate work o. somc Important object, the e1ponso
Of which IL to be paid out Of tho tax. Therefore,
We may Isaye out ot cona!dsratfon things % which
It anonnts 10 apprnprjatihg the money axff It Wae
In tho treasury, Or supposed to be thcre. Or TINT
Y XII . a sas It it es s, s shn Msn H. sa4
That was decided. Nov, no nancy p has been voted
fnr the work contemplated IN th!s contract a. yet
Ill improvement Hs'd nnd t G not piotess TO TO- II i not
Th Thieh tauy haye ra'sed by ~. taxation Lon,
:sT IT, nossisS et th'; Sna y: ss"smg1sts,s .:
other 9TH w purposes Tien t,o question arises, S "
IS IT INCuRh1Eu DEBT
for she County l'oa,l, i they haye 70 mssns @ 70
slder presently. II they hayo no n,eans 'witl,
tho 1nesning Of Tie constitution, for the County
sSssa oi @ e. ~ hs
next yoar' ! think + would; because y wll not not
swer hsay TINT this s only debt which ism form nrn
promise 70 pay, like q bond OF something Of that
tuition could 10 defeated directly. Tie County
boasA may nut issua any bonda, hut they may
make eoAtracta for tho expenditure Of miilona ot
20 forward and do thcis work, epcnd their money,
4 .na Tns as eony aasy 5 ST. Gas I not dx hsy
mcnt aealnst It; and although tho County Board
hays not issuod any bonds, nor onscred Into any
Of, indebtedness, yet tho, result viii ..be
liz sna y "a sSy Ssh fht + na sG s sSS
which tho constitution "a says sisil 10 ioue. Tse
constitution says that the nrope1ty-uwnera Of the
country shall not DO assessed to exceed 5 cents
not becomn bound BY any contracta BY any acttun
Of tlcir servants which invo1vos Tic payinent Of
more tjlan per cent ot tho property valuation and
that they slal not 10 bound by Tho issue
II tho County Board aro allowed 10 make
thoso conraca for tho contemplated expenditure Of
then tho object Of The constitutional provision
would be defeated, and lint has been done inIt-
rcctly which, think, cannot bo done directly; 10
that, Inasn,uch a. this ia contract, tue practical
effect Of which IL 10 create lnfge indcbtcdncss-
fhat ia, to make necessary The Expenditure Of
largo sum OF money for tho countys bonrnt, which
IL the direct elect VI It, OF not icss that tO co.,
aud probably 81 QO0 600 within tho yvat IL there
anything IN the circumstances Of ths county which
pteycna lts being an indebtedness.
ip 1T Is AN INDEBTEDNESS. THEN IT CANNOT BK
AssuMEu
M contract NJ thta kind cnn hc made w,;cf, IRA.
,tcs whai amounts III ia ndcGt",ncss' Sithnnt nro.
yison is moJo at tc eatnu Tins OF bcioTv II is en-
ter"I intn for iis ~ nnymcnt and h = mart ri TINT
nroyiaon n tj,c isstiny nf hon1s tIoy mnst c Az,
nrovrIi hv ir vnrra. nr n II rr1nifns i'll, coilrc
Han az ,ore than IL cents on tie sioo. that nust
hs nn,,rnu", hrfn.s nv nrovIs.n far n,ovMcnt rsn
- lt.s ~ III .,a.hi..r. - ~. It'll ~.