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" April, one thousand eight hundred seventy-eight, but the giving of a new note or bond for a pre-existing debt, or for money borrowed and applied to the payment of such pre-existing debt, is excepted from the provisions of this section, and the amount... "
Financial Report of the City of Providence, Rhode Island - Page 41
by Providence (R.I.) Office of City Controller - 1892
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Providence City Manual: Or, Organization of the Municipal Government

Providence (R.I.) City Council - Providence (R.I.) - 1879 - 262 pages
...town or city, including the indebtedness of such town or city at the time of the passage of this act, but the giving of a new note, or bond, for a pre-existing...debt, is excepted from the provisions of this section ; provided, that any sinking fund shall be deducted in computing such indebtedness. value, except for...
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Bulletin

Education - 1915 - 918 pages
...cases the whole school-district indebtedness does not exceed 2 per cent. In Rhode Island, 3 per cent, the giving of a new note or bond for a preexisting debt, or for money borrowed and applied to such debt, excepted, and the amount of any sinking fund having been deducted in computing such indebtedness....
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The School Manual: Containing the Laws of Rhode Island Relating to Public ...

Rhode Island - Educational law and legislation - 1896 - 476 pages
...preceding such appropriation, for the maintenance and increase of any free public library therein. existing debt, or for money borrowed and applied to the payment...shall be deducted in computing such indebtedness. SEC. 22. No town shall assess its ratable property in any one year in excess of one per centum of its...
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Providence City Documents ..., Volume 1

Providence (R.I.) - 1898 - 864 pages
...incurred on account thereof, may be incurred according to the tenor of the authority therefor. SEC. 17. No town shall incur any debt in excess of three...debt, is excepted from the provisions of this section, find the amount of any sinking fund shall be deducted in computing such indebtedness." No debt has...
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Laws Pertaining to Education

Rhode Island - Educational law and legislation - 1900 - 156 pages
...free public library therein. SEC. 21. No town shall, without special statutory authority therefor, incur any debt in excess of three per centum of the...shall be deducted in computing such indebtedness. SEC. 22. No town shall assess its ratable property in any one year in excess of one per centum of its...
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Providence City Documents ...

Providence (R.I.) - 1902 - 1236 pages
...tenor of the authority therefor. SEC. 21. No town shall, without special statutory authority therefor, incur any debt in excess of three per centum of the...shall be deducted in computing such indebtedness." Xo debt lias been incurred during the fiscal year on the part of the city in contravention of this...
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Providence City Documents ...

Providence (R.I.) - 1903 - 1282 pages
...statutory authority therefor, incur any debt in excess of three per centum of the taxable property of snch town, including the indebtedness of such town on the...applied to the payment of such pre-existing debt is excepte«! from the provisions of this section and the amount of any sinking fund shall be deducted...
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Providence City Documents ...

Providence (R.I.) - 1904 - 1378 pages
...the indebtedness of such town on the tenth day of April, one thousand eight hundred seventy eight, but the giving of a new note or bond, for a pre-existing...pre-existing debt, is excepted from the provisions "f this section and the amount of any sinking fund shall be deducted in computing such indebtedness."...
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The Bond Buyers' Dictionary

Samuel Armstrong Nelson - Bonds - 1907 - 184 pages
...indebtedness of such town on the ipth day of April, 1878; but the giving of a new note or bond for the pre-existing debt, or for money borrowed and applied...shall be deducted in computing such indebtedness." Constitutional Limitations.—The debt of the State is strictly limited to $50,000 except in time of...
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Annual Reports, Volume 62

Providence (R.I.). Auditor - 1909 - 226 pages
...tenor of the authority therefor. SEC. 21. No town shall, without special statutory authority therefor, incur any debt in excess of three per centum of the...applied to the payment of such pre-existing debt, is exoepted from the provisions of this section and the amount of any sinking fund shall be deducted in...
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