The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-18

as now may exist. shall be absolutely void.
except as herein otherwise provided. NO
county or city whose present indebtedness,
valuation 'e Of H., ps' real s" estate subjec, to tax:
alton, shall be allowed to become indebted
ness shall be- reduced Within such limit.
This section shall! not be construed 70 pre-
vent the Issuing OF certificates OF indeoteu.
ness or revenue bonds Issued In anticipation
OF the collection Of taxes for amounts &C
tually contained. or to be contained In the
or revenue bonds are issued and payable
out. of such taxes; nor to prevent the cry
a. S. MeT 6 1o, rem m '; ,sn i.v Son fas i, he 0e year
provided that the amount of such bonds
excess of the limitations herein contained
shall not exceed one-tenth OF one per
real estate Of tssidi such city subject to
taxation. Nor shall this section. BE- con-
strued to prevent the issue OF bonds to
the term Of the bonds issued to provide
for the supply of water. In excess OF the
shall not exceed twenty years, and q sink
Ing fund shall be created on the issuing
ps,, .ns s annu binds to nm ,h wh,a r%eu sal pfod uc s
sn amount equal TO the sum OF the prin-
cipai and interest Of said bonds at their
or revenue bonds issued In anticipation of
inc collection OF taxes, which are not re,
issue. s and bonds nds issued I 10 provide for the
supply Of water. and any debt hereafter In:
,nrred by any portion or part OF = 'h,y' nn'
Guided In asccrtaining the power OF the
city to become otherwise indebted; except
' Sofsid ' s',i.. ."s os Is. II S-.t i's si.. s.'y s, S' N ,Ss
-and nine hundred and Tour. and debts in.
after the nrst day Of January. Ininstsenl
enc thousand mine hundred and eight, and
eeiss. after iSs n Ss S day Of sry yan S u rye lnins,
teen1 one thousand nine hundred and ten;
to provide for the supply OF water shal!
not be 50 included. and except further that
any deb; hereafter incurred by the city OF
New York for a pubic Improvement owned
to the city current not revenue. AFTER max
Ing any necessary. allowance for repairs
and maintenance for which the city IL
such debt and Of the annual ins,alments
necessary for It's amortization may. BE- ex.
such city 10 becoms otherwise indebted.
provided that a sinking fund for ~ amor,
maintained and that tho Indebtedness shall
not he 50 excluded during any period OF
Time when the revenue aforesaid shau not
he sufficient to equal 1.-THE saidl such In.
terest and amortization instaiments. and
except further that any Indebtedness here.
for any rapid trsnsi, or dock Investment
may be so excluded propor'ionately TO the
extent to which the current net revenue
shall NEE, the interest and amortization
Instruments thereof. provided tina; any In
ei,y ~ S.MM e Y arR' w nfiuhs' mail PI resa,. from
The exclusion OF debts heretofore Incurred
shall b. ayaiiael. only for he acquis,',Sn
rapid transit or dock purposes. The lesis-
iature shall prescribe the method by which
the amour; OF any debt 10 he so excluded
shall be determined. and no such debt
s nisb the p d "ss,Iara ,, eScep' IN s ib.I TSe
. legislature may IN It's discretion confer APP
propriaie jurisdiction on the appellate 81.
vision o. the supreme court I'm the .hrs,
. judicial department for the purpose OF de-
termining the amount OF an! debt 70 be so
at tho time Of is inception shall thereafter
! become Invalid hy reason OF the operation
o. any OF the provisions OF this section.
, Whenever the boundaries OF any city are
the same IS those of a county. or when
, any city shall include within its boundaries
|, county wholly Included within such city to
aecome Indebted shall cease. hut the dob,
o. the county. here,ofore existing; 'h,l.
reckoned a. a part % the city debt. The
amour; hereafter 20 he raised 5v ,ax for
tanning q city OF over one hundred thou
: sand inhabitants. or any such city OF this
r state. In addition 20 providing for the pin.
cipal and interest Of existing debt. shall
no; in the aggregate exceed In any one
! Year two per cen'um Of the assessed valua'
} lion OF the real and personal estate OF such
county or city. to be ase-rtainsd a. pre-
{ scribed IN this section in respee, TO county
Z OF cry utbl.
Abs;rsct-ThIs section vas formerly
. part Of section ten OF present article eight
: The essential amendment thereto con
sists In making tho existing provisions
: cludei in asccrtalaing the power Of "a ctty
2 80 become Indebted. applicable to the 'iti"s
OF Buffalo and Rochester. These i've
cities are the only cities IN the state which
have not now the privilege Of eScludins
? water bonds in ascertsining their debt limit
. section ~. The legislature shall pro.
: vide for ,h. method and Limitation; nnd..
!, Other civil division. Of tn. state to IL.
in annual indictments the last Of ~hiri
. shall fall due and he paid within MT.
. contracted and that no such debt shai
: the pr"isSi. NE Of the work or oSicc'
i for which the debt IL TO he contracted.
; Abstract-This new section requires tn,
i legislature to provide that hereafter IN.
cites and other vivil divisions Of the stat,
shan ISSUE serial bonds only and tina
longer period than the probable life O
the work or object for which tho deb
. i. n |. Sr.., !: c,,I +. IN, mi s,s.gsg M N 9'y;.Ias.
: i, made 70 conform u thai OF the stat
: a. provided In %articl. nine.
i Section, liiI IS. The Legislature shat
j provide for a state board of charities
+. which shs.l Nislt and inspect ali lns,I
r buttons. whether state. county. muni,ipa,
incorporated or not incorporated, which
A are al "a charitable, eIeeniost ua-v. CORE,
Z tiohal or formatO character, eAceptin,
y only such institutions ss are hereby mad,
subject to the visitation and inspection
d oil either Of the commissions, hercinartc
. mentioned, but including all rcforiuatorip
= except those In which adult males con
= ,icted Of felony shall lie confined:
state commission In mnacyt.l In whicl
= shall remain the management and ft.cs
q control of the state hospitals for the in
n ssne mot including Institution. for Grim
inals or cODsicts) except In 80 far ". sucl
y management may now or hereafter he del
: eGsted by the Legislature to local hoard
o 81 managcvs. and which shall visit an,
V inspect all institutions. either public o
" private. used for the care and freedmen
, Of the insane tnnt including Institution
;, FOR opilC ptics or idiots; a state commits
y sion uf prisons which shall Visi, aud la
spect all institutions used TOR the dctontini
> ~ sane adults charged with Or couvicic,
h Of rhine. OF detained as witnesses -
debtors.
Abstract.-The purpose and cnect ~ TN
, amendment Is to insure hy constitutions
!, provision tho continued management an,
fiscal control OF the state hospitals H.
= the. insane under the jurisdiction Of tn
> state hospital commission. For twenty
six wears tho legislature has been adlIn
to tho statutory pow ers of such coiumi-
sion. In the up-buildiuE Of the commission
" The provisions ~ the amendment pdopt.
powers of the commission beyond the nos
sibillty Of Interference by tho Legislature
section ti:.l ". The Members Of Ith
e said such board and of 1.-THE said sue
:, commissions shall he appointed hy tn
q governor. by and with the advice and con
sent of the senate: aud any member ma
lie removed from office by the goyernn