The Fulton County news. [volume] (McConnellsburg, Pa.) 1899-current, 1912-10-29
Number Six.
A JOINT

IlODoolhb oh olltilhlllNAN W
eight, article nine Of the Constitu
ton Of Pennsylvania.
Section 1. Be 1t resolved by the
Senate and House Of Representatives
Of the Commonwealth Of Pennsylvania
in General Assembly met, That the
following is proposed as an amend
ment to the Constitution Of the Com
monwealth OF Pennsylvania, in accord
ance with the provisions Of the eigh
teenth article thereof.
Amendment to Article Nine, Section
Eight.
Section 2. Amend section eight, ar
ticle nine OF the Constitution Of Penn
sylvania, which reads as follows:-
Section s. The debt OF any coun
ty, city, borough, township, schoo!
district, or other municipality or in
%corporated district, except as herein
provided, shall never exceed eve
per centum upon the assessed value
OF the taxable property therein, MOI
shall any such municipality or dis
trict incur any new debt, or increase
its Indebtedness to an amount exceed
ing two per centum upon such as
sessed valuation of property, without
the assent of the electors thereof a.
a public election in such manner al
shall be provided by law; but an!
city, the debt Of which now exceeds
seven per centum OF such assessed
valuation, may be authorized by Law
to increase the same three per centum
In the aggregate, at any n time
upon such valuation, except that any
debt or debts hereinafter incurred by
the city and county of Philadelphia
for the construction and development
Of subways for transit purposes, o
foy the construction of wharves and
docks, or the reclamation of land tC
be used In the construction of q sys
tenn Of wharves and docks, as public
improvements, owned or to be owned
by said city and county Of Philadel
phia, and which shall yield to the
city and county Of Philadelphia cur
rent net revenue In ces Of the in
terest IN said debt or debts, and Of
the annual installments necessary fol-
the cancellation Of said debt or debts
may be excluded In ascertaining the
power Of the city and county OF Phila
delphia to become otherwise indebted:
Provided, That q sinking-fund fol
their cancellation shall be established
and maintained" so as to read as
follows:-
Section s. The debt OF any county
city, borough. township, school dis
trict, or other municipality or incor
porated district, except as herein pro
vided, shall lei exceed seven pei
centum upon the assessed value OF the
taxable property therein. nor shall any
such municipality or district incui
any new debt, or increase Its indebt
edness to a amount exceeding two
per centum upon such assessed valua
ton Of property, without the assent
of the electors thereof at a public
election In such manner as shall b.
provided by law; but any city, the
debt Of which now exceeds seven per
centum Of such assessed valuation
may be authorized by law to increas,
the same three per centum In the
aggregate, at any one time, upon sucf
valuation; except that any debt OF
debts hereinafter incurred by the cit,
and county Of Philadelphia for thu
construction and development O.
wharves and docks, or the reclama
ton of land to be used in the cor
struction Of a system of wharves am
docks, as public improvements, owned
or to be owned by said city and
county of Philadelphia, and whicl
shall yield to the city and county o
Philadelphia current net revenue II
excess Of the interest on said debt O y
debts and Of the annual installment.
necessary for the cancellation Of sal,
debt or debts, may be excluded in as
pertaining the power Of the city ant
county Of Philadelphia to becom,
otherwise indebted: Provided, Tha
such indebtedness incurred by tn
city and county Of Philadelphia shal
not at any time, In the aggregate, e1
coed the sum of twenty-five million
dollars for the purpose Of improving
and developing the port of the sale
city and county, by the condemnation
purchase, or reclamation or lease o
land on the banks Of the Delawar,
and |Schuylkill rivers, and land ada
cent thereto; the building OF bulk
heads, and the purchase or construc
tion or lease Of wharves, docks, sheds
and warehouses, and other building,
and facilities, necessary for the estab
lishment and maintenance OF railroad
and shipping terminals along the sale
rivers; and the dredging of the sale
rivers and docks: Provided, That tn,
said city and county shall, at or be
fore the time of so doing, provide foi
the collection OF IN annual tax sufi
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