The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-09-25

as now may exist. shall he absolutely void.
except as herein otherwise provided. No
county or city whose present Indebtedness
exceeds ten per Centum of the assessed
valuation Of Its real estate subject to tax
alton, shall be allowed to become indebted
ness shall be reduced within such limit.
This section shall. not he construed to. pre-
vent tile Issuing OF certifcates OF indebtnu-
ness or revenue bonds issued In anticipation
OF The collection OF taxes for amounts ac-
tualiy contained. or to be contained In the
taxes for the year when such certihcates
or revenue bonds ara issued ana payable
out of such taxes; nor TO prevent the city
OF New York from Issuing bonds TO be re-
deemed out of the tax levy for the year
next succeeding the year Of their issue.
provided that the amount OF such bonds
which may be issued In any one year IN
excess OF the limitations herein contained
shall not exceed one.tenth Of one per
centum of the assessed valuation OF the
real estate OF Gsaidl such city subject to
taxation. Nor shall this section be con-
strued to prevent the Issue OF bonds TO
provide for the supply OF water. [; but
the term Of the bonds Issued to provide
Tor the supply OF water, In excess or the
limitation of Indebtedness fixed herein,
shall not exceed twenty years. and q sink
Ing fund shall be created on the issuing
of the said bonds for their redemption, by
raising annually "A sum which Will produce
an amount equal to the sum of the prin-
cipal and interest OF said bonds at their
maturity.l All certificates OF Indebtedness
or revenue bonds issued In anticipation OF
I NV Nbllffllon VI lhNfNt Nnltn Y HVN =
tired within i've years after their date OF
Issue. and bonds issued to provide for the
supply OF water. and any debt hereafter In.
CURED by any portion or part OF a city, III
there shall he any such debt, shan be IN
cluded In ascertaining the power OF the
city to become otherwise indebted; except
that debts incurred by 1.-THE city of New
York; cities Of the frst class after the
first. day of January. lnineteenl one thou.
CURED by any city OF the second class
after the hrst day of January. tntneteenl
one thousand nine hundred and eight. and
debts incurred by any city OF the third
class after the first day OF January. mime
teen one thousand nine hundred and ten.
TO provide for the supply OF water. shall
not be 80 included and except further that
any debt hereafter incurred by the city OF
New York for a public Improvement owned
or to he owned by the city, which Yields
to The city current net revenue, after max
Ing. any necessary allowance for repairs
and maintenance for which the city Is
liable, In excess Of the Interest on tsaidl
ssch debt and of the annual instruments
necessary for It's amortization may he ex-
cluded In nscertaining the power Of tsaidl
such city to become otherwise indebted.
provided that a sinking fund for its amor
~tization shall have been established and
maintained and that the indie btedncss shall
not he 50 excluded during any period OF
lime when the revenue aforesaid shall not
be sufficient to equal 1.-THE said such In
terest and amortization instruments, and
except further that any Indebtedness here.
tofore incurred by the city OF New York
for any rapid transit or dock Investment
may he so excluded proportionately to the
extent to which the current net revenue
received 10y tsaidl such city therefrom
shall meet the interest and amortization
instruments thereof, provided that any In
crease in the debt mourning power OF the
city OF New York which shall result from
the exclusion Of debts heretofore incurred
shall he available only for the acquisition
or construction OF properties to be used tor
rapid transit or dock purposes, The legis-
lature shall prescribe the method by which
and the terms and conditions under which
the amount Of any debt TO hn so excluded
a snail he 1ptermlpp1. and no such debt
shak he excluded except In accordance
with the determination so prescribed. Tn"
legislature may in It's discretion confer app
/. propriate Jurisdiction on tho appellate di-
vision OF the supreme court In 'he first
judicial department for the purpose OF de
termining the amount OF any debt 10 be 80
, excluded, No Indebtedness ~ q city valid
az IN" time OF its inception shall thereafter
, become Invalid 10y reason Of the operation
Of any OF The provisions Of this section,
|. Whenever the boundaries nf any CRY are
tho same as those Of a county, or when
more than one county, the poS Of any
county wholly included within such city "a
become indebted shall cease, but the deb
Of the county. heretofore existing. shat.
not. for the purposes OF this section. he
Fcckoned as a par, Of III" city debt The
amount hereafter 20 I've raised ny tax FOR
county or city purposes, in any county con
tanning a city Of over one hundred thou.
sand inhabitants, or any such city OF :his
state, IN addition TO providing FOR the prin-
cipll and interest OF existing debt. shall
not in the aggregate exceed IN any one
. HHAA WV - ' F'NN - NV NNFNNft FaAe''
!, ton OF the real and personal estate % such
county or r''H, to b. asCer'atned as pre-
scrib"d in 'his section in respect 20 county
Abstract his section was formerly
part OF section ten Of present article eight
The esseuita, amendment thereto con.
sists In making the existing provisions
relating 10 tho debts that are to be eS
cluded in ascertalning the power Of a city
70 become Indebted, applicable to the cities
~ Buffalo and Rochester. These tive
ci'lcs az" the only cities in the stat" which
water bonds in nscertaining their deb; limit
section i?. The Legislature shall pro.
vide for the method and Limitations. under
which debt. may he contracted by th,
: other civil divisions Of the state to the
end that such debts shall be payable
In annual instruments the last. Of "a,,h
years after such debt shall have b.~n
contracted and that no such debt shall
the he r s1nsss'. uf fe' Of : , P.''S %o, Ion sr oh ,ns,
for which the debt IL TO he contracted.
Abstract-This new section requires the
cities and other civil divisions Of tho stat.
shall issue serial bonds only and tina
local debts may not be contracted for u
? longer period than the probable life OF
the work or object FOR which the debt
Is created. by this section the nnancia.
; policy Of cities and other civil divisions
l IL made 20 conform 10 that OF the state
l a. provided In article nine.
section M IS. The Legislature shall
provide for a state board OF charities
which shall visit and inspect all insti
tutions, whether state, county. municipal
Incorporated or not incorporated, which
are uf a charitable. .eemosynary, corrcc.
4, tional or r~eformatory character, excepting
only such Institutions as are hereby made
subject TO the visitation and Inspection
OF either OF the commissions. hereinaft.i
mentioned, but including all rrformatorie,
except those in which adult males con
victed OF felony shall be confined. q
state commission In IunacyI,I In which
shall remain the management and HscaI
|, control Of the state hospitals for the In,
sane mot including Institutions for Grim
, insls Or cOnvictsp except In so far a. such
management may now or hereafter be del
r egat~d by the legislature Ia local board.
Of Managers. and which shall visit ant
I inspect all institutions, either public oi
private, used for the care and treatment
! Of the insane tnot including Institution,
r for eplleptics or idiotsb: a state commits,
! spect all Institutions used for the detention
= Of sane adults charged with or convicte,
Of crime, or detained as witnesses OF
Y debtors.
! amendment IL to insure by constitutions
I provision the continued Management AM
fiscal control of the state hospitals fnI
: the insane under the Jurisdiction OF III,
state hospital commission, For twenty
six years the Legislature has been addinl
: to the statutory powers OF such commits
sion. In the up-building OF the commission
The provisions Of the amendment adopte,
. by the convention VIII insure the presen.
= pow ers Of the commission beyond the pos
, sibility OF Interference by the Legislature
section ti2,l II. The members OF tn.
i said such board and OF 1.-THE ssidI sucI
. commissions shah be appointed by tn,
governor, by and with the advice and con
y sent Of the senate: and any member ma,
? be removed from office by the governo,
: for cause, an opportunity having beer