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" No county or city whose present indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation, shall be allowed to become indebted in any further amount until such indebtedness shall be reduced within such limit. "
Statutes at Large of the State of New York: Comprising the Revised Statutes ... - Page 348
by New York (State) - 1882
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The Government Class Book: A Manual of Instruction in the Principles of ...

Andrew White Young - 1901 - 446 pages
...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...such indebtedness shall be reduced within such limit. This section shall not be construed to prevent the issuing of certificates of indebtedness or revenue...
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Annual Report of the Corporation of the Chamber of Commerce, of ..., Volume 65

New York Chamber of Commerce - 1923 - 854 pages
...the Constitution also provides : "No county or city whose present indebtedness exceeds ten per centum of the assessed valuation of its real estate subject...indebtedness shall be reduced within such limit." In the opinion of your Committee on Taxation the constitutional provisions for city borrowing and taxation...
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Municipal Research: To Promote the Application of Scientific ..., Volumes 1-62

1913 - 1086 pages
...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...such indebtedness shall be reduced within such limit. (1846, VIII, 11, added by vote of the people, 1884; 1894, VIII, 10) 2. This section shall not be construed...
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Greater New York: Bulletin of the Merchants' Association of New York, Volume 9

1920 - 806 pages
...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...such Indebtedness shall be reduced within such limit. This section shall not be construed to prevent the Issuing of certificates of indebtedness or revenue...
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Annual Report of the Corporation of the Chamber of Commerce, of ..., Volume 68

New York Chamber of Commerce - 1926 - 682 pages
...provides that no county or city, when its indebtedness, with certain exceptions, exceeds 10 per centum of the assessed valuation of its real estate subject...until such indebtedness shall be reduced within such limits. The City's power to borrow, as restricted by the above limitation, has been at a low point...
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Manual for the Use of the Legislature of the State of New York for the Year ...

New York (State). Secretary's Office - 1911 - 1250 pages
...otherwise provided. No county or city whose present indebtedness exceeds ten per centum of the a -^cssed valuation of its real estate subject to taxation,...such indebtedness shall be reduced within such limit. This section shall not be construed to prevent the issuing of certificates of indebtedness or revenue...
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Manual for the Use of the Legislature of the State of New York for the Year ...

New York (State). Secretary's Office - 1909 - 1260 pages
...of the assessed valuation of its real estate subject to taxation. ARTICLE VIII — Continued. shall be allowed to become indebted in any further amount...such indebtedness shall be reduced within such limit. This section shall not be construed to prevent the issuing of certificates of indebtedness or revenue...
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