Arizona republican., 1910-12-10

Oe dppheu tO tne purpose TUT WHICH I
 was obtained or to repay the debts. SC contracted, and to no other purpose.
 Tn addition to the above limited power to contract debts the State may bor
 row money to repel invasion, suppress insurrection, or defend the State in time of war; but the money thus raised shall be applied exclusively to have been authorized or to the repay ment of the debt thereby created. No money shall be paid out of the State treasury. except in the manner pro vided by law.
 Sec. 6. Incorporated cities, towns, and villages may be vested by law with power to make local improve ments by special assessments, or by special taxation of property benefited. TOT all corporate purposes, all munich pal corporations may be vested with authority to assess and collect taxes.
 Sec. z. Neither the State, nor any county. city. town, municipality, or other subdivision of the State shall ever give or loan its credit in the aid of, or make any donation or grant, by subsidy or otherwise, to any individual. association, or corporation, or become a subscriber to, or a shareholder in, any company or corporation, or be- come a joint owner with any person, company, or corporation, except as to such ownership as may accrue to the State by operation or provision of law
 Sec. s. No county. city, town, school district, or other municipal corporation shall for any purpose become indebted in any manner to an amount exceed ing four per centum of the taxable property in such county, city, town. school district, or other municipal corporation, without the assent of d majority of the property taxpayers, who must also in all respects be quail fled electors, therein voting at an cleo ton provided by law to be held for that purpose, the value of the taxable property therein to be ascertained by the last assessment for State and county purposes, previous to mourning such indebtedness; except, that in incorporated cities and towns assess ments shall be taken from the last assessment for city or town purposes: Provided, that any incorporated city or town. with such assent, may be allowed to become indebted to a larger amount, but not exceeding five per centum additional. for supplying such city or town with water, artificial light, or sewers, when the works for supplying such water. light, or sewers are or shall be owned and controlled by the municipality.
 Sec. .. Every law which imposes, continues, or revives a tax shall dis tinctly state the tax and the objects for which it shall be applied: and it shall not be sufficient to refer to any other law to fix such tax or object.
 Sec. 10. No tax shall be laid or ap- propriation of public money made in aid of any church, or private or sec tarian school. or any public service corporation.
 Sec. II. There shall be a State Board of Equalization. which, until otherwise provided by law, shall con sist of the chairmen of the Boards of Supervisors in the various counties of the State, and the State Auditor, who shall be ex-officio chairman thereof; and there shall also be in each county of the State, a county Board of Equalization consisting of the Board of Supervisors of said coun- ty. The duty of the State Board of Equalization shall be to adjust and equaliZe the valuation of the real and personal property among the several counties of the State. The duty of the county Boards of Equalization shall be to adjust and equalize the valuation of real and personal proper ty within their respective counties Each board shall also perform such other duties as may be prescribed by law.
 Sec. 12. The law-making power shall have authority to provide for the levy and collection of license, franchise, gross revenue, excise, in- come, collateral and direct inherit ance, legacy, and succession taxes, also graduated income taxes. grad. uated collateral and direct inherit ance taxes. graduated legacy and sue cession taxes, stamp registrations, production, or other specific taxes.
 ARTICLE <.
 STATE AND SCHOOL LANDS
 Section l. All lands expressly trans ferred and confirmed to the State by the provisions of the Enabling Act June 20. 1910. including all lands granted to the State and all lands heretofore granted to the Terri tory of Arizona, and all lands other wise acquired by the State, shall be by the State accepted and held in trust to be disposed of in whole or in part. only in manner as in the said