The Tucumcari news and Tucumcari times., 1910-12-10
THE CONSTITUTION OF THE
STATE Of NEW MEXICO


niripality thereof shall be- applied to the
purpose for which il was obtained, or to
repay such loan and to no other purpose
whatever.
See. lO.---No county shall borrow mon.
cy except for the purpose of erecting
necessary public bui ..ngs or construct.
ing or repairing public rOads and
bridges and in such eases only after
the proposition TO create such debt shall
have been submitted To the qualified
electors of the county who paid n prop
crty tax therein during the preceding
year aud approved by majority Of those
voting thereon. No bonds issued for
such purpose shall run for more than
fifty years.
See. ll.--No school district shall bor.
row money except for the purpose of
erecting aud furnishing school buildings
ar purchasing school grounds aud in
such eases only when the proposition TO
create the debt shall have been sub.
mttrd to the qualified electors Of the
dist and approved by n majority
of those voting thereon. No school dis.
trict shall ever become indebted in m
amount exceeding six per ccntum on the
assessed valuation o. the taxable prop.
erty within such school district, as
shown by the preceding general ass.
cssment.
See. l2.-No city, town or village
shall contract any debt except by an
ordinance. which shall he irrepcalablc
until the indebtedness therein provid.
ed for shall have been fully paid or dis.
charged. and which snail specify the
purpose 10 winch the funds to he raised
shall be applied. and which shall pro.
vide for the levy Of tax, not TO ex.
cecd twelve mills on the dollar upon all
taxable property within such city, town
OF village, sufficient TO pay the interest
on. and 10 eXtinPuish the principal of
such debt. within 6fty years, The pro.
ccrds Of such tax snail he applied only
10 the payemnt of such interest and
principal. No such debt shall he created
unless the question Of incurring the
same sha,, at regular election for
cOuncilmen, aldermen or other officers
Of such city, town or village, have been
submitted To vote of such quaIlhcd
electors thereof as ave paid proper.
~ tux therein during the preceding
wear, and majority of those voting
on the question, by ballot deposited in
separate ballot box, shall have voted
in favor of creating such debt.
See. l3.-No county, city, town or vii
lage shau ever become indebted to an
amount in the aggregate, including cx'
isting Indebtedness, exceeding four per
centum On tne value of the taxable
property within such county, city, town
or village, as shown by the last pre-
ceding assessment for state or county
taxes; and all bonds or obligations is.
sued in excess of such amount shall be
LII sl... tntx mr.
village may contract debts in excess of
such limitation for the construction or
purchase of system for supplying wat.
er. or of n sewer system, for such city,
town or village.
See. l4.-Neithcr the state, nor any
county, school district, or municipality,
except as otherwise provided in this
constitution. shall Directly or indirectly,
lend or pledge its credit, or make any
donation to or in aid of any person, as
sociation or public or private enterprise,
for the construction of any railroad (;
provided, nothing herein shall be con.
strued TO prohibit the state or any coun'
~ or municipality from making pro-
vision for the care and maintenance OF
sick and INDECENT persons.
See l5.-Nothing In this article shall
be construed to prohibit the issue OF
bonds for the purpose of paying or re-
funding any valid state, county, district
or municipal bonds, aud IL shall not be
necessary to submit the question of the
issue of such bonds To Il vote as herein
provided
ARTICLE X
County and Municipal Corporations
Section 1.-The legislature shall at its
frt session classify the counties and
Rx the salaries for all county officers,
aud no county officer shall receive to
his own use any fees or cmoumrnis
other than the annual salary provided
by law. and all fees earned by any OF.
irer shall be by him cohectcd and paid
into the treasury of the county.
See. 9.--All county officers shall be
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