Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1878-08-17

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ly ss isA.r-<sly. 70 ass st 1sy per-.a. es'1A-
pszy 80 osCy-sE.Gssa. N ~ oGI II thr -s.ss
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ss- II F~S IEe pzrlss-~ sf o~arssSng
exk-svs4sn&Ty cavrnsAztafcs. fAsx -t@ar Es4y
rozsrsr1 I-gassr drlG,. 10 th< xg.rcssae
-Azli nss- t.r tsr hrr4 hil-ez YEAR. exrv-4
ffty tsoa-4ad q 3izr-. ant ~A&n srSrr er
cx~-i s1- nasarra tnszs&sd daGlxss EstTy
sseA a~tx -A.a h< .zlh-rsze4 ~ lac. 80
-ozse F.arE-s-r 20 ps1rT-s-~- - t.e Spsscttsre
ts>rrss. and every sacA l4x saail psvsttr
fss l<sying an 2ns8sl tax sgsscs~-l L. i.-y
ts~ ssas4 iairF~-G ~ sach deei, @aa tse
prin<aIs4l wIEssn ten years fruEaa the Passs-s
vi saea Inn And shaii specially xIT'EUPriAte
The pssscseds ef saca taxes to the payment
of sa<h g.ri0cip4l and ia;eress. and ssch zg'-
proprixfion shall not be Repeated. nor tise
taxcs pos;poae4l or diminished. until the
priscipzl and interest 0i sach de6l shall
have bern wholly paid.
cEc. - No county, city, townor SCHOOL
disgrici shall contract any debt unless au
thorised aud limited by Law; and no scrip
certificate, or other evidence of debt what,
ever shall he issued by them, excep; in ac-
cordsuee with the provisions vi such law.
SEC. l3 No city or towa shall contract
any debt, by loan in any form. except by
means of an ordinance--whichs shall be ir
repealable until the Indebtedness therein
provided for shall have been fully paid or
dischsrged-specifying the purposes to
which the funds to be raised shall be ap-
piled, and providing for the levy Of tax
mot exceeding twelve mills on each dol
lar Of valuable taxable property within
such city or tOwn-sufficient to pay the an.
nual interest, and extinguish the principal
of such debt within fifteen years, but not
less than ten years, from the creation there.
Of; and such tax, when collected, shall he
applied only to the purposes in such crdi.
nances specified, until the Indebtedness be
paid or discharged. But no such debt shall
be created unless the question of incurring
the same shall, at regular election for
councilmen, aldermen or officers of such
city or town be submitted to vote ofsuch
qualified electors as shall, in the year next
preceding, have paid property tax there
in; and majority OF those voting on the
question. by ballot deposited in separate
box, shall vote in favor Of creating such
debts; but the aggregate amount of debt SO
created, together with the debt existing at
the time of such election, shall not, at any
time, exceed three per cent. of the last val
uation of property upon which said tax was
paid.
SEC. a. Nothing contained in this arti.
Gle sh1} either impair Or add 70 the obliea-
! : fssfisosy 81 VVssSISktoo, 81 ~ aSy
county; city, town or schOOldistrict with.
I'M fho lot In NTH lazy
Sec. Is. The State Treasurer shall keep
a separate account of each fund in his
hands, and shall, At the end of every quar-
ter of the fiscal year, report to the Cover
nor in writing, under oath, the amount OF
all moneys in his hands to the credit OF
every such fund, and the place where the
same are deposited, and the number and
amount of every warrant received, and the
number and amount of every warrant paid
therefrom, during the quarter. The Gov.
ernOr shall cause every such report to he
Immediately published in at least one news
paper printed at the seat Of government.
The legislature shall, atits first session, and
may at any subsequent one, provide by law
regulations for the safe-keeping of the pub
lie funds, and for bonds, to be given by the
Treasurer, with sureties.
SEC. 16. The making of profit, directly
or indirectly, out of the state, county, city,
town or school district money, or using
the same for any purpose not authorized
by law, by any public officer, or any other
person, shall be deemed felony, and shall
be punished as provided by law.
SEC. II. Private property shall not he
taken or sold for the payment OF the cor
porate debt of municipal corporations.
Sec. 1S. There shall be state board OF
equalization, consisting of the secretary OF
state. state treasurer aud superintendent OF
public instruction, whose duty 1t shal! be
to adjust and equalize the valuation OF real
and personal property among the several
counties. Also, in each county, board
Of equalization, consisting of the board OF
county commissioners, whose duty 1t shall
be to adjust aad equalize the valuation Of
real and personal property within their re-
spective counties. Each board shall also
perform such other duties as may be pre-
scribed by law; prorided, that the legisia-
ture may prescribe the rule by which such
equalization shall be controlled, and may
revise or amend the same when they may
deem it necessary.
SEC. 10. The state shall not assume the
debt. or any part thereof, Of any county,
municipal corporation, or person, unless
such debt shall have been contracted to re-
pei invasion, suppress insurrection or TO as
sist the state In the discharge Of any por-
ton Of indebtedenss.
SEC 20. The legislature may borrow
money or contract debts. TO re pei invasion.
suppress insurreciiOn, or defend the state
in time Of war; but the money thus raised
shall be applied exclusively 10 the object
for which the loan Was authorized, or TO
the repayment of the debt thereby created.
SEc q. The stale shall never contract
any debt fos work or internal improve
meet, OF be . party in carrying on .he
same. bat wheneyer grants OF iasds or
other property shall have been made 90 the
ssxre. fer psEsscuiza ~osks u iniernal 4ns-
rrrsesnent. the state may carry on such
works. sDa xbxli dryose sherrfo the l'fa-
crxxis Of such grants. and may xpsxoPrs
xa~ fhe rryssue drsivcd from sach uorks
in aid ef th~ir cxsmgarsisa sn4 repair.
~kz- g No mnnry sa.n be drasn ffora
the treasury ssr fAe ..en<at of any chgrcA
90 r<is<ssss sSciery. er rriigiozs % thso-
aaxic~a Seminary
AwTYCLE XIII
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