The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-25

exceeds ten Der centum of the assessed
alton. shall be allowed to become indebted
IN any further amount until such indebten-
T ~ sha,l be reduced wi,hin sun n,s.
vent the issuing Of certificates OF indebted.
ness or revenue bonds issued In anticlpation
taaiiy contained. or to he contained IN the
taxes for the year when such csrtincstes
out Of such taxes: nor TO prevent the city
OF New York from issuing bonds to be re-
next nt"e sue oes 'n the 'a GEAR Of their issue.
provided that the amount OF such oonas
which may be is;uea in any one y,sr ID
shall not exceed one.tenth. Of one per
,en,um Of the assessed valua,ion Of 'hs
t%asa,ion' Nor shall this section BE- con:
strued TO prevent the issue OF bonds TO
pi ss term FOR o, 's h. 'S Sopd. q i,.u ws'' to prev ID.
limitation Of Indebtedness hxed herein.
ins fund shall be created on the Issuing
Of the said bonds for their redemption; by
en- amount. equal to the sum Of the pr,n-
cipal and interest Of said bonds a. their
or revenue bond. issued In anticipation Of
The collection Of taxes. which are not 70,
tired within ave years after their date OF
supply Of water. and any debt hereafter In:
cured by any portion or part "s a ety. by I'M ~
city to become otherwise indebted: except
' 1ork, d. si,i.. ."s os e. h Ant 's si.. s.'y at os N 'ns
sand nine hundred and four. and debts IN.
after the nrst day of January; tninetseni
one thousand mine hundred and eight, and
""ias. after The nfs, DAY Of January. rnine,
tcenl one thousand nine hundred and ton:
to provide for the supply 81 watsr ma.
any debt hereafter incurred by the city of
New York for q pubic Improvement owned
or TO be owned by the city. which yields
to the city curren: net revenue. after max.
Ing any n.ccssary allowance for repairs
and msin,enancc for which The city =.
liza hle. In excess OF the interest on tssid1
such debt and OF the annual lnstalment'
NECESSARY for Its amortization may be .X.
such city to heroine otherwise Indebted.
provided that a sinking fund for rs amor,
maintained and that The indebtedness shal!
mt bc 50 excluded during any period OF
zine when the revenue aforesaid shall not
he sufficient to equal 1.-THE Saul such IN
teres. and amortization lnstalments. and
except further that any Indebtedness here.
FOR any -apid TRANSIT, or dock int estment
may b" so excluded proportionately 20 the
rsisn, 20 Which The .snTeei ne, rrsnn sm
shall meet the interest and amortization
in.tslmen,s thereof. provided tina; any in.
city Of New York which shall result from
'he exclusion Of debts heretofore incurred
snail he available only FOR INC acquisition
Or construction q, properties to be used for
rapid transit or dock purposes The iegi.-
lsiure shah presotioc The method by which
and ;he terms and conditions under which
the amour; ~ ANY debt 80 no 80 excluded
shall be determined. and no such debt
shat. be excluded ~rcept IN accordance
with the determination 20 prescribed. The
legislature may In IT. discretion confer APP
propris;r iurlsdio;ion on ;hc appellate III
vision 81 the Supreme court In the hrst
judicial department for the purpose % de-
t"rninins the amount Of any ,debt 20 DO so
az N" time ~ It's inception .hal thereafter
bscom" Invalid h> reason o: the operation
90 an % 'ac provisions 90 his section.
/, Whenever tho boundaries of any city are
the same as those OF y county. or when
az ci't shall 'n''ud" within US nounsar,cs
nor" than ono 'ouu'y. ;he power % any
county wholly ia,'Ided within such city to
3.ocme inh.b'e! 'h.l ..ase ha' the debt
no.. for tn" purposes 80 this section. he
-e'koned as . par Of the city deb, The
amount hereafter to he raised by tax FOR
county or ciiy purposes In any county con
tanning = city Of over on" hundred thou
state. ln addition - providing for tho rrin
cIpal ami interest 81 existing debt. shall
no; in IN" aggr'sa'" exceed In any on"
ton % The roa' ana personal eS.at" ~ such
county "r city &" b" ascr-'a'ned a. pre-
'"fin"d IN his section in r'spvc: 20 county
or cry dfh'.
part OF section ton % present ar:tci" eight
Tho essential amendment thereto con-
NiEs III nlAkltE fhs fNls'ifk prov lois
relating to the debts that are to b. .1-
Guided In sscsrtaininT The power % a ci,y
70 brsonc indebted; appli..hie 70 ,ho '',,.s
cities az" tho only cities In the state which
have not now 'h~ privilege Of excluding
water bonds In sscertainine their deb, limit,
vide for the method and limitation. under
/. cities. %rSan.i.., towns. village. and
. end that such debts shail he pa, able
=, In annual instaiment- the last Of which
shat, "a, due and +. paid within Nifty
? contracted and that no such debt ,haIi
|; +. r S."s.S;. mo for 81 : H.r'% %a, toner "r on , M.
for which the debt IL 10 he contracted.
Abstrsrt-This new section requires the
Legislature" to provide that hereafter the
cities and other '!'!l divisions OF the state
shall Issue serial bonds Only and that
.o'"1 debts may not Il" contracted for a
.9ngcr period than 'ile probable NE OF
ia" w"rs OF "'] }nis sr r,, Mh',h ' nn, 1
. policy OF cities and other civil divisions
e Il made to conform - that OF the state
.. provided In article nine
, Section liil 10. rhe LEGISLATURE shall
! which shall visit and Inspect ali insti'
. %tutions. wnether state, county. munsri pa,
are ~ - charitable. eic"rosy nary, .orrey-
tional or r~efornatory character, excepting
Z oniy such institutions as are hereby made
@'' 1890
Of either Of the commissions. hereinaftei
. mentioned. hut including al reformatorie
: except those In which aduii males con
,ic;ed of felony shall lie confined. a
shall remain the management aud fiscal
, control Of the state hospitals for the In
= sanr mot including institutions for Grim.
D ina,s or conyicts) except In 80 far ~ such
-. management may now or hereafter be del.
y rxatrd b, the Legislature Ia local board,
a 81 managers. and which shall visit and
y inspect all institutions, either public o,
private, used Tor the care and treatmeu,
: Of tho insane iuot including institution,
h for epilsp tics or id!otsb; a state commits.
i sion Of prisons which shall visit and In.
/ spert all institutions used for the detention
r Of sane adults charged with or convicted
, OF crime. OF detained as witnesses OF
debtors.
u Abstract.-The purpose and effect Of hi,
= amendment is to insure BY constitutions
, provision the continued management and
/, fiscal control OF the state hospitals fol
!, the insane under the Jurisdiction Of tn,
- state hospital commission. For twenty.
: Elk years the legislature has been addins
p to the statutory powers OF such commits
sion, in the up-building Of the q commission
q The provisions of the amendment adopte
y by the convention will insure the prcsen,
T. powers 81 the commission beyond the pos
+ sibility Of Interference by the legislature
Section tl2.l ~. The members Of FIN,
3 saidl such board and Of 1.-THE said sue,
commissions shall be appointed Nv tn,
d governor, by and with the advice and con
!. sent OF the senate, and any mcmbe, ma,
he removed from office by tho governoi
y for cause. an opportunity having bee,
" given him 10 be heard In his defense.
section 1871 10. Existing laws ~rela,inI
: going sections and to their supervision
q and inspection. In SO Tar as such avs ar,