The Montgomery advertiser., 1901-08-13

Sec. {. The General Assembly shall not have the power to levy, In any one year, a greater rate of taxation than sixty one-hundredths of one per centum on the value of the taxabie property within this State.
 Sec. s. No county In this State shall be authorized to levy a larger rate of taxation. in any one year. on the value of the taxable property therein, than one-half of one per centam. Provided, that to pay debts existing at the ratifi- cation of the Constitution of 1875, an additional rate of one-fourth of one per centum may be levied and eollect- ed, which shall be exclusively appropri- ated to the payment of such debts or the interest thereon; provided further, that to pay any debt or liability now existing against any county. incurred for the erection, construction and maintenance of the necessary pubiic bridges or bridges, or that may here after be created for the erection of necessary public buildings, bridges or
 roads, any county may levy and collect
 such special taxes, not to exceed rate of one-fourth of one per centum. as may have been or may hereafter be authorized by law, which taxes so levied and collected shall be applied
  the same was so levied and collected. Sec. 6. The property of private cor porations Associations and individuals of this State, shah forever be taxed at the same rate; provided, this section
 shall not apply to institutions devoted exclusively to religious. educational or charitable purposes.
 Sec. 2. The General Assembly shall
 not have the power to require the counties or other municipal corpora! tions to pay any charges which are now payable out of the State treasury. Sec. 8. No county shah become in- debted in an amount greater than three and one half per centuIn of the taxable value of the property thereof: provided. this limitation shall not appfy to any existing indebtedness. in excess of such three and one-hSlf per centum. which has already been created or authorized by now existing law, to be created. Sec. 5. No city, town or other mu- nicipal corporation shall become tn- debted in an amount. including present l indebtedness, exceeding five per cen- | tum of the assessed value of the prop erty thereof, except for the oonstruc- ton or purchase of water works, or
 electric lighting plants and sewerage, tor for the improvement of streets. for
 which purpose an additional indebted
 ness. not exceeding three percentum,
 may be created; provided. this lsmita-
 ton shall not apply to any debt now
 authorized by law to be created. and
 excepting also temporary loans to be
 paid within one year. made in anticipa-
 tion of the collection of taxes, not to exceed one-fourth of the general revr-
 nues of such cities and towns; pro-
 vided. however, that this limitation shall not apply to towns and cities hav-
 ing a population of six thousand or
 more. nor to the city of Gadsden and
 Ensley the town of Andalusia, Decatur and New Decatur. which last described cities and towns shall not become in-
 debted in an amount including present
 indebtedness exceeding seven per cent
 um of the assessed valuation of the
 property thereof, and provided further.
 that there shall not be included in the limitations of the indebtedness of such last described cities and towns the fot-
 lowing class of indebtedness, to wit: temporary loans to be paid within one year, made in anticipation of the col lection of taxes, and not to exceed one
 fourth of such taxes; bonds or other
 obligations already issued, or which
 may hereafter be issued for the pur-
 pose of acquiring, providing or con
 structing school houses. water works and sewers: and obligations incurred, and bonds issued for street or sidewalk
 improvements, where the cost of the same. in whole or in part, Is to be as-
 sessed against the property aputting
 said improvement; provided, that the
 proceeds of all obligations issued as
 herein provided in excess of said seven
 per centum. shall not be used for any purpose other than that for which said obligations were issued. Nothing
 herein contained shall prevent the
 funding or refunding of existing in- debtedness. Provided, this section shall not apply to the cities of Sheffield and Tuscumbia.
 Sec. 10. The Legislature may levy a tax of not more than two and one-half per centum on every one hundred tS1O0) dollars of the value of all estate, real. personal and mixed, money, public and private securities of every kind, pass
 ing from any person who may die, siezed and possessed thereof, being in this State, or any par of such estate,
 money or securities, or interest therein,
 transferred by the intestate laws of this State or by will. deed, cant, bar gain, sale or gift, made or intended to take effect in possession after the death of the grantor, the deviser or donor to any persons, bodies polite or corporate, in trust or otherwise, other than 10 or lor the use of the father. mother, hus- band, wife, brothers, sisters, children or lineal descendants of the grantor. de- visor, donor or intestate.
 The President pro tem-This ordi- nance has had three readings in this Convention, and the question is shall it be adopted. As many as favor It's adoption will say aye. and those Of contrary opinion no. as their names are called. The Chair will request the delegates who are present 10 vote. IS the lack of a quorum may be devel- oped il they do not vote.
 Upon a call of the roll the vote re- suited as fonows: mnss' mimon. Long, of Walker.
 A1fman. Lowe. of Jefferson. Ashcraft. Lowe, of Lawrence, Banks, Macdonald.
 Bareteld. Nartln-
 ReddoW. ,.: Maxwell.
 Bethune. Merrill.
 Blackwell, Miller (Marengo). Brooks Moody,
 Browne, Mulkey,
 Burns, Murphree,
 Byars. Norman
 Cnrdon, Norwood.
 Chapman, Oates.
 Cobb, ONeal (Lauoerdale)s Coleman, of Greene Opp, Cunningham, ORears