The daily intelligencer. [volume] (Seattle, Wash. Territory [i.e. Wash.]) 1876-1881, 1878-08-07

obligation of any debt heretofore con-
tracted by the Territory of Washington.
or by any county, city, town or school
district within the State. in accordance
with law
SEC. Is. The State Treasurer shall
keep separate account of each fund
IL his hands, ard shall, at the end OF
each quarter Of the fiscal year, report
TO til Ga"ernOr, II writing, under oath,
the amount of all moneys in bis hands
70 the credit OF such fund, and the
place where the same are deposited,
and the number and amount of each
warrant received. and the number AMI
amount of every warrant paid there
from. during the quarter. The Cover
nor shall cause every such report TO be
Immediately published in at least one
newspaper printed at the seat OF gov
eminent. The Legislature shall, at its
first session. and may at any subsequent
one. provide by law regulations for the
safe keeping of the public funds, and
for bonds to be given by the Treasurer,
with sureties.
SEC. IS. The making of profit, d.
rectly, or indirectly, out of the State,
county, city. town or school district,
or using the same for any purpose not
authorized by law, by any public officer,
or any other person. shall be deemed a
felony. and shall be punished as pro-
vided by law.
Sec. II. Private property shall not
be taken or sold for the payment of the
corporate debt of municipal corpora
tons.
|. SEC. Is. There shall be State Board
Of Equalization. consisting of the Secre-
tary of State, State Treasurer and
Superintendent of Public Instruction,
whose duty it shall be to adjust and
eauallze the valuation of real and per-
sonal property among the several
counties. Also, in each county, q board
of equalization, consisting of the Board
of County Commissioners, whose duty
it shall be to adjust and equalizc the
valuation of real and personal property
within their respective counties. Each
Board shall also perform such other
duties as may be prescribed by law !;
prorided. that the Legislature may pre-
scribe the rule by which such equilizs-
ton 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 per-
son, unless such debt shall have been
contracted to repeal invasion, suppress
instruction or to assist the State in the
discharge Of any portion of its in6eb-
tedness
SIC 90 The Legislature nav H. ROW
money or contract dcDis, u j. n
vason, suppress instruction, or defend
the State in time of war; but the
money thus raised shall be applied ex-
clusively to the object for which the
loan was authorized, or to the repay
ment of the debt thereby created
SEC 90. The State shall never con-
tract any debt for work of internal
improvement, or be party in carrying
on the same. But whenever grants of
land or other property shall have been
made to the State, for particular works
of internal Improvement, the State may
carry on such works, and shall devote
thereto the proceeds of such grants, and
may appropriate TIE revenues derived
from such works III lid Of their compile
tion and repair.
SEC %. No money shall be drawn
from the Treasury for the benefit Of
any church CT rrliyieus society, or
religious or theological seminary