The star-independent. [volume] (Harrisburg, Pa.) 1904-1917, 1914-10-17
Number Six
A JOINT RESOLUTION

A JOINT RESOLUTION
eight. article nine of the Constitu-
tion of Pennsylvania.
Section l. Be 1t resolved by the Sem
ate and House of Representatives Of
the Commonwealth of Pennsylvania In
General Assembly met. That the fol-
lowing is proposed as an amendment to
the Constitution of the Commonwealth
of Pennsylvania in accordance with the
provisions of the eighteenth article
thereof
Amendment to Article Nine, Section
Eight.
Section ?. Amend section eight arta-
Gle nine of the Constitution of Penn
sylvania, which reads as follows
Section s. The debt of any county.
city, borough. township school district
or other municipality or incorporated
district, except as herein provided shall
never exceed seven per centum upon
the assessed value of the taxable prop
erty therein nor shall any such munic-
ipality or district incur any new debt,
or increase its Indebtedness to an
such assessed valuation of property.
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 ons
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
the construction of wharves and docks.
or the reclamation of land to be used
in the construction of a, system of
wharves and docks, as public improve
ments, owned or to be owned by said
city and county of Philadelphia, and
which shall yield to the city and coun-
ty of Philadelphia current net reve-
M in of interest
debt or debts. and of the annual in
stallments necessary for the cancella-
ton of said debt or debts, may be ex-
cluded in ascertaining the power of
the city and county of Philad elphia to
become otherwise indebted: Provided,
That a sinking fund for their cancel
lation shall be established and main
tained," so as to read as follows:
Section S. The dept of any county.
city. borough, township, school district
or other municipality or incorporated
district except as herein provided, shall
never exceed seven per centum upon
the assessed value of the taxable prop
erty therein, nor shall any such munic-
ipality or district incur any new debt.
or increase it's indebtedness to an
amount exceeding two per centum upon
such assessed valuation of property.
without the assent of the electors
thereof at a public election In such
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
tire upon such valuations; except that
any debt or debts hereinafter incurred
by the city and county of Philadelphia
for the construction and development of
wharves and docks, or the reclamation
of land to be used in the construction
of system of wharves and docks, as
public Improvements, owned or to be
owned by said city and county of Phil
adelphia and which shall yield to the
city and county of Philadelphia current
net revenue in excess of the interest
on said debt or debts and of the an
nual installments necessary for the
cancellation OF said debt or debts, may
be excluded in ascertaining the power
of the city and county of Philadelphia
to become otherwise indebted: Pro-
vided, That such Indebtedness incurred
by the city and county of Philadelphia
shall not at any time, in the aggregate.
exceed the sum of twenty-five million
dollars for the purpose of improving
and developing the port of the said
city and county, by the condemnation,
purchase, or reclamation or lease of
land on the banks of the Delaware and
Schuylkill rivers. and land adjacent
thereto; the building of bulkheads, and
the purchase or construction or lease
of wharves, docks. sheds, and ware
houses and other buildings and facili-
ties. necessary for the establishment
and maintenance of railroad and ship
ping terminals alons the said rivers:
and the dredging of the said rivers
city and county shall, at or before the
time of so doing. provide for the coll
lection OF an annual tax sufficient to
pay the interest thereon. and also the
principal thereof within fifty years
from the mourning thereof.
A true copy of Joint Resolution No. &
ROBERT McAFEE,
Secretary of the Commonwealth.