Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1914-09-21


his" him" and himself occur in
any section of article VIII of this Con-
as If written, respectively. '"he or she"
self or herself"
A true copy of Joint Resolution No. 1.
ROBERT McAFEE.
Secretary of the Commonwealth.
Number Two.
A JOINT RESOLUTION
Proposing an amendment to section
eight of article nine of the Constitu-
tion of Pennsylvania.
senate and House e Of Represenfativess
of the Commonwealth of Pennsylvania
in General Assembly met. That the
ment to the Constitution of the Com
monwealth of Pennsylvania, in accord
ance with the provisions of the eigh-
teenth article thereof
Amend section eight, article nine of
the Constitution of the Commonwealth
Of Pennsylvania, which reads as fol-
Section s. The debt of any county.
or other municipality or incorporated
except as
upon the assessed value of the tax
able property therein, nor shall any
such municipality or district incur any
new debt, or increase its Indebtedness
to an amount exceeding two per centum
upon such assessed valuation of prop
erty. without the assent of the electors
thereof at a public election in such
manner as shall be provided by law;
but any city. the debt of which now
exceeds seven per centum of such as
sessed valuation, may be authorized by
law to increase the same three per
centum, in the aggregate, at any one
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, or for
t1.tt, fDY3 Of oV,1
or the reclamation of land to be used
in the construction of a system of
wharves and docks. as public improve
city and county of Philadelphia. and
which shall yield to the city and county
of Philadelphia current net revenues in
excess of the interest on said debt or
debts. and of the annual installments
necessary for the cancellation of said
debt or debts, may be excluded in as
county Of Philadelphia to become 9TH
erwise indebted: Provided, That a
sinking fund for their cancellation
shall be established and maintained"
so that 1t shall read as foliows:-
Section s. The debt of any county,
city, borough, township, school district,
or other municipality or incorporated
never exceed seven per centum upon
the assessed value of the taxable prop
erty therein nor shall any such mu-
nicipality or district incur any new
debt, or increase its Indebtedness to an
amount exceeding two per centum upon
such assessed valuation of property,
thereof at a public election in such
manner as shall be provided by law; but
any city, the debt of which on the first
hundred and seventy four, exceeded
seven per centum of such assessed val
uation, and has not since been reduced
authorized by law to increase the same
three per centum In the aggregate, at
any one time, upon such valuation. The
6ns f6y Of set RoTh tine may
crease it's Indebtedness to the extent of
three per centum in excess of seven
alton for the specific purpose of pro-
viding for all or any of the following
purposes,-to wit: For the construc-
tion and Improvement OF suhnways. tun5
other transit facilities; for the con-
struction and Improvement of wharves
and. docks and for the reclamation of
wharves and docks. owned or to be
owned by said city. Such increase,
however. shall only be made with the
lie election, to be held in such manner
as shall be provided by law. In ascer-
tanning the borrowing capacity of said
city of Philadelphia, at any time, there
shall be excluded from the calculation
a credit, where the work resulting from
any previous expenditure, for any one
inabove enumerated shall be yielding
to said city an annual current net rev.
enue; the amount OF which credit shall
be ascertained by capitaliZing the an
nuaI net revenue during the year Inn
mediately preceding the time of such
ascertainment. Such capitalization
shall be accomplished by ascertaining
the principal amount which would yield
such annual. current net revenue, at the
average rate of interest, and sinking
fund charges payable upon the indebt-
edness incurred by said city for such
PURPOSES, up to the time of such ascer-
tainment. The method of determining
lowed as a credit, may be presented by
the General Assembly.
In incurring indebtedness, for any
struction, Improvement. or recIama-
tion, the city of Philadelphia may is
sue its obligations maturing not later
with provision for a sinking-funL suf-
ficient to retire said obligation at ma
turity, the payments to such sinking
fund to be in equal or graded annual
installments. Such obligations may be
in an amount sufficient to proviSe for
and may include the amount of the IN
ing and which may accrue thereon
throughout the period of construction
and until the expiration of one year
after the completion of the work for
which said Indebtedness shall have
been incurred; and said city shall not
be required to leNy q. tax to pay said
interest anu CHdTBeSt as
required by section ten of article nine
of the Constitution of Pennsylvania
until the expiration of said period of
one year after the completion of such
work.
A true copy of Joint Resolution No. 2.
ROBERT McAFEE,
Secretary of the Commonwealth.
Number Three.
A JOINT RESOLUTION
Proposing an amendment to section
twenty-one of article three of the
Constitution of Pennsylvania,
Section l. Be 1t resolved by the SEN
ate and House of Representatives of
the Commonwealth of Pennsylvania in
General Assembly met. That the fol-
lowing amendment to the Constitution
of the Commonwealth of Pennsylvania
be, and the same Is nerepy, proposed,
Amend section twenty -one, article
In accordance with the eighteenth ar
ticle thereof
three of the Constitution of the Com
mopwea1th of Pennsylvania. which
reads as follows:
mo act of the General Assembly
shall limit the amount to be recovered
for injuries resulting in death. or for