The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-11

IN any further amount until such inuepten-
ness shall be reduced within such limit.
This section shall. not be construed TO. pre-
vent the issuing OF certificates OF indeoteu-
ness or revenue bonds issued In anticipation
Of the collection OF taxes for amounts ac-
tually contained. or to be contained In the
taxes for tho year when such certinestes
out. of such taxes: nor to prevent the city
OF New York from Issuing bonds to be re-
deemed on. Of the tax levy for the ysar
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 me
real estate Of tsaidl such city subject to
strued to prevent the issue of bonds 10
provide for the supply OF water. bnt
me term OF the bonds Issued 10 prS',ne
Limitation Of Indebtedness fxed herein
shall not exceed twenty years. and 2 SINK
Of the said bonds for their redemption. by
raising annually a sum which Will produce
an amount equal to the sum OF the PIN.
maturity All certificates OF Indebtedness
or revenue bonds issued In anticipation OF
the collection OF taxes, which are not 70,
issue: and bonds issued TO provide for the
supply OF water. and any debt hereafter In;
there shall be any 1,''s such debt. shall be in.
cluded in ascertaining the power OF the
city to become otherwise indebted: except
, 9ofki d. si,i.. !nS os e.. ~ S-.I N sia. s.'y after Se N the
nr .. day OF January; inineteenl one n ,hU Un.
after the first day of January. lninsteenl
one thousand mine hundred and eight. and
S class after Hai IL. n Ss S aay OF st'y yan Sa rye ln ri1,n
teen1 one thousand nine hundred and ten:
to provide for the Supp Of water. shan
not be 40 included and except further that
any debt hereafter incurred by the city Of
New York for q public Improvement owned
or to be 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 Isaidl
such debt and OF the annual instalments
necessary for Its amortization may be eN-
Guided In ascertaining the power OF lsaid1
provided that a sinking fund for Its amor:
,~ization shall have been established and
maintained and that the Indebtedness shat!
not be so excluded during any period OF
time when the revenue aforesaid shall not
be sufficient to equal 1.-THE saidl 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
extent to which the current net, revenue
received by issidl such city th.refroin
shall meet the interest and amortization
instalments thereof. provided that any In
crease In the debt mourning power OF the
city pf New York which shall result from
the exclusion Of debts heretofore incurred
shall be available only for the acquisition
or construction Of properties TO be used Tor
rapid transit or dock purposes. The lcgis-
liturc shall prescribe the method by which
and the terms and conditions under which
tho amount Of any debt to he 80 excluded
shall be Diet, rmined, and no such debt
with the deterinina' zion so prescribed. The
Legislature may In It's discretion confer ap-
propriate Jurisdiction on the appellate Ill
vision Of the supreme court In the first
judicial department for the purpose OF de-
ternining tho amount OF any debt 20 he 80
excluded. No Indebtedness OF a city valid
at the tim. Of its inception shall thereafter
become invalid by reason OF the operation
Of, any OF the provisions % this section.
the same a. those of n county, or when
any city shall include within its boundaries
moro than one county, the power Of any
become Indebted shall cease. but the deb;
OF the county. heretofore existing. shall.
rcckoned as n part OF the city debt. The
amount hereafter to be raised by 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 this
state, in addition to providing for the prin-
c!pal and interest of existing debt. shall!
not in the aggregate exceed in any one
year two per centum Of the assessed Nalua'
ton Of the real and personal estate OF such
scrihed In this section in respect TO county
or city debt.
Abstract--rhis section was formerly
part of section ten OF present article eight
INC essential amendment thereto con-
sis;s In making the existing provisions
relating to the debts tina, are to be ex
Guided In ascertaln!ng the power Of a .ii>
OF Buffalo and Rochester. These tive
cities are the only cities in the state which
have not now the privilege OF 'excludins
water bonds In ascertainins their debt limit
section I:. The legislature shall pro.
vide for the method and limitations und-,
citie.. coun,ie-, towns, villages. .ne
end "f ,s. M" .ac i'''S debts .hSil be payn II,
In annual instruments the last Of whici
shall fall due and be paid within MT,
years after such debt shall have br~I
contracted and that no such debt shsi
the prohsbie life Of the work or ohjcc'
for which the debt Is to he contracted.
Absirac;.-This new section requires tn,
legislature to provide that hereafter til,
cities and other civil divisions % the stat
shall! issue serial bonds only and ina
local debts mas, not be contracted for :
longer period than the probable life o
the work or object FOR which the deb
Is created. BY this section the n%naucia
roI,Sy OF Sit nss,d ana %, S,h ,hs ''ot OF M, hiyi so,
as provided IN article nine.
Section tliI Is. The Legislature shall
provide for - state board of charities
wn,sh snSi! visit; ,snd Inspect al inst
incorporated or not incorporated. vhicl
are OF a charitable. eleemuSs nary, C1rret
tlonAl or retornlatpry character, excepting
only such Institutions as are hereby mad,
subject TO the visitation and inspection
OF either of the commissions, hcrcinaite
mentioned. but including all refOrmattr!e
except those in which adul; males con
Nic;ed OF felony shall he confined.
state commission In linacyt.l in whicl
shall remain the management and h.ca
control Of the state hospitals for the In
sane mot including institutions for Grim
inals or c0nvicts) except In ~ far ~ rue
MANAGEMENT may now or hereafter he del
egatcd by the Legislature to local board
of managers. and which shall visit an
private. used for the care and trcaimen
" the insane mot Including institution
for ep!leptics or idio's) a state commits
sion Of prisons which shall visit and In
spec, all Institutions used for the deteutio
OF sane adults charged with or cuuylctep
Of crime, or detained " witnesses 0
debtors.
Abstract-The purpose ami effect Of thl
provision the continued management an
hscal control OF the state hospitals To-
the insane under the jurisdiction Of tn
state hospital commission. For twenty
six years the legislature has been udIiu
90 tho statutory powers OF such commits
sion, In the up-building OF tho commission
The provisions of the amendment adcptp
by the convention Will insure the prcser
powers Of the commission beyond the pos
sibility OF Interference by the Legislature
Section tl:l ~. The members OF Eth
saidl such board and OF 1.-The said sue
commissions shall be appointed by II!
governor. by and with the advice and con
sent Of the senate; and any member ma
he removed from office by the governo
for cause. an opportunity having bee
given him to be heard in his defense.
Section li3.l IS. Existing laws rela;in
!. to institutions referred to In the for,
going sections and to their supervise
not inconsistent with the provisions {
Z Ithe1 this constitution, shall remain 4