, 1889-10-02
ARTICLE NO. XVI.
PUBLIC INDEBTEDNESS.

SECTION 1. The State of Wyoming shall not, in any
manner, create any Indebtedness exceeding one per centum
on the assessed value OF the taxable property in the State, as
shown by the last general assessment for taxation, preceding;
except to suppress Instruction or to provide for the public
defense.
SEC. 3. No debt in excess of the taxes for the year,
shall in any manner be created in the State of Wyo-
ming, unless the proposition to create such debt shall have
been submitted to a vote of the people and by them APP
proved; except to suppress instruction or to provide for the
public defense.
SEC. 8. No county in the State of Wyoming shall in
manner create any Indebtedness, excepting two per centum
on the assessed value of taxable property in such county, as
shown by the last general assessment, preceding; provided,
however, that any county, city, town, village or other sub
division thereof in the State of Wyoming, may bond its
public debt existing at the time of the adoption of this con-
stitution, in any sum not exceeding four per centum on the
assessed value of the taxable property in such county, city,
town, village or other subdivision, as shown by the last gen
eral assessment for taxation.
SEC. A. No debt in excess of the taxes for the current
year shall, in any manner, be created by any county or
division thereof in the State of Wyoming, unless the propo-
sition to create such debt shall have been submitted to a
vote of the people thereof and by them approved.
SEC. 5. No city, town or village, or any subdivision there
of, or any subdivision of any county of the State of WYOMING
shall, in any manner, create any Indebtedness exceeding two
per centum of the assessed value of the taxable property
therein; provided, however, that any city, town or village
may be authorized to create an additional Indebtedness, not
exceeding four per centum on the assessed value of the tax
able property therein as shown by the last preceding general
assessment, for purpose OF building sewerage therein, debts
contracted for supplying water to such city or town are ex-
cepted from the operation of this section.
SEC. 6. Neither the State nor any county, city, town
ship.t town, schooldtstrict, or any other political subdivision
shall loan or give its credit or make donations to or in aid
of any individual, association or corporation. The State
shall not engage in any work of internal Improvement
unless authorized by a two-thirds vote of the people.
SEC. Z. No money shall be paid out of the state treas
ury except upon appropriation by law and on warrant
drawn by the proper officer, and no bills, claims, accounts
or demands against a state, county or political subdivision,
shall be audited, allowed or paid until a full itemized state
ment in writing, verified by affidavit, shall be filed with the
officer or officers whose duty it may be to audit the same.
SIC. 8. No bond or evidence of indebtedness of the
State shall be valid unless the same shall have endorsed
thereon a certificate signed by the auditor and secretary OF
state that the bond or evidence of debt is issued pursuant
to law and is within the debt limit. No bond or evidence