The Montgomery advertiser., 1901-09-22


 thousand dollars, to meet the deicien- cfes in the treasury, and until the same is paid. no new loan shall be nego- tiated; provided further, that tllis sec tiofi shall not be so coffstrted as to pres vent the tssuafice of bonds for the pur- pose Of refpndf6g the. existing bonded indebtedness Of the State.
 slA The Legislature shall not have the power, to levy. in any one. year, a greater rate of taxation. than sixty-five one-hundredths of one per eentum on the value of taxable property within
 '215, No county in this State shah pc authorized to levy a greater rate Of taxation, in any one year, on the value Of the taxable property therein, than ope-half of one per centum; provided, that to pay deptsS existing on; the sixth day pr petefpbfr; tSl5s. an .ad iona1 rate of 6ne-fourth of one per centum may be levied and collected, which shall be appropriated exclusively to the payment of such debts and the interest thereon; provided further, that to pay any debt. or liability now existing against any county, incurred for the erection, construction or maintenance of the necessary public buildings oE bridges, or that may hereafter be cre- ated for the erection of necessary pub lie buildings, bridges or roads, my. county may levy and collect such spe- cial taxess not to exceed one-foprth of one. per centum, as may have been or may, hereafter be authorized by law, which taxes so levied and collected, shall be applied exclusively to the pur- poses for which the same were so levied and collected ..
 21e No city, town. village, or other municipal corporation. other than az provided in this Article, shall levy or collect a higher rate of taxation in any one year on the property situated tkere- In than .one-half of one per. centum of the value of such property as assessed fer State taxation during the preceding year; provided, that for the purpose of paying debts existing on the sixth day. of December, 1875, and the interest thereon, tax of one percentum may be levied and collected. to be" applied exclusively to the payment of such in- debtedness; and provided further, that this section shall not apply to the city of Mobile, which city may from and after the ratification of this Ccnstitu- tion, levy a tax not to exceed the rate of three- fourths of one per certum to pay the expenses of the city govern ment. and may also levy tax not to exceed three-fourths of one per centum
 
 day of December, 1875, with interest thereon. or any renewal of such debt; and provided further, that this section shall not apply to the cities. of Bir- mingham, Huntsville and Bessemer and the town of Andalusia, which citits. and town may levy and collect. tax not to ex- ceed one-half of one per eentum, in ad- dition to the tax of one-half of one percentum as hereinbefore allowed to be levied and collected, such special tax to be applied exclusively to the payr ment of interest on bonds of said cities of Birmingham. HuntsvilleSand Besse- mer and town of Andalusia respective ly, heretofore issued in pursuance of law, or now authorized by law to be is- sued and for a sinking fund to pay or said bonds at maturity thereof and pro- vided furthersc that this section shall not apply to the city of Montgomery, which city shall have the right to levy and collect tax of not exceeding one half of one per centun per annum upon the value of the taxable property therein as fixed for State taxation, for general purposes, and an additional tax of not exceeding three-fourths, of one per centum per annum upon the value of property therein, as fixed for State l taxation, to be devoted exclusively to the payment of it's public debt, inter- | est thereon. and renewals thereof, and | to the maintenance of its public schools, and public conveniences; and provided further. that this section shall not ap- l ply to Troy AttAlla, Gadsden, | Woodlawn, Brewton,a Pratt City,
 Ensley. Wylam and Avondale, which cities and towns may from and after
 the ratification of this Constitution. levy and collect an additional tax of not exceeding one-half of one per-cen-
 tum; and, provided further, that this section shall not apply to the cities Of Decatur, New Decatur and Culiman, which cities may from and after the ratification of this Constitution levy and collect an additional tax of not exceeding three-tenths of one percen- tum per annum, such special tax of said city of Decatur, to be applied ex- clusively for the public schools, public school buildings. and such special tax | of said cities of New Decatur and Gull man to be applied exclusively to edu- cational purposes and to be expended under their respective boards of public school trustees: and public improve ments; but this additional tax shall not
 he levied by Troy. Attalla. Gadsden Bessemer. Woodlawn. Brewton, Pratt City, Ensley, Wylam, Avondale, Deca- l tur. New Decatur or Cullman, unless authorized by & majority vote of the qualified electors voting at special election held for the purpose of ascer- taining whether or noi. said tax shall be levied; and provided further, thai ! the purposes for which such special ta1
 is sought to be levied shall be stated l in such election call. and. if authorized | the revenue derived from such specta tax shall he used for no other purpose than that stated: and provided further
 that the additional tax authorized te
 be levied by the city of Troy, when SC
 levied and collected. shall be used ex
 clusiveIy in the payment of the bonds and interest Coupons thereon, hereafter
 issued in the adjustment of the present l bonded indebtedness of said city; anc | provided further. that the additiona | tax authorized to be levied and col
 lecte by the city of Attafla shall, wher
 so levied and collected. be used exclu' lsiyely in the payment of bonds to tht
 amount of not exceeding twenty-fiv' thousand dollars and the interest cou t nons thereon, hereafter to be issued if | inc adjustment of the present indebt
 edness of said city; provided further that the governing boards of the saiC cities. which are authorized to levy aI additional tax. after the holding of ar election as aforesaid. are hereby au | thorized to provide by ordinance tn necessary machinery for the holding Q said election and declaring the result
 thereof.
 217. The property of private corpo
 rations. associations and individuals O this State shall forever be taxed at tn
 same rate; provided. this section shal