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" The credit of the State shall not. in any manner, be given or loaned to, or in aid of, any individual, association, or corporation: and the State shall never assume, or become responsible for, the debts or liabilities of any individual, association, or... "
Journal of the Senate of the ... General Assembly of the State of Iowa - Page 214
by Iowa. General Assembly. Senate - 1860
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Iowa and the Nation ...

George Chandler - Iowa - 1901 - 388 pages
...never assume, or become responsible for, the debts or liabilities of any individual, association or corporation, unless incurred in time of war for the benefit of the state. SEC. 2. β€” Same. β€” The state may contract debts to supply casual deficits or failures in revenues, or...
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The Rending of Virginia: A History

Granville Davisson Hall - Regionalism - 1901 - 644 pages
...township, corporation or person, nor the State to become responsible for the debts or liabilities of such unless incurred in time of war for the benefit of the State. An "equitable proportion" of the Virginia debt prior to January 1, 1861, to be assumed, the Legislature...
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The Rending of Virginia

Granville Davisson Hall - 1902 - 972 pages
...township, corporation or person, nor the State to become responsible for the debts or liabilities of such unless incurred in time of war for the benefit of the State. An "equitable proportion" of the Virginia debt prior to January 1, 1861, to be assumed, the Legislature...
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The Constitution of the State of Iowa: With an Historical Introduction

Iowa, Benjamin Franklin Shambaugh - 1902 - 124 pages
...individuals. SEC. 3. The State shall not become a stockholder in any corporation, nor shall it assume or pay the debt or liability of any corporation, unless...municipal corporation shall become a stockholder in any banking corporation, directly or indirectly. SEC. 5. No act of the General "Assembly, authorizing or...
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Digest of City Charters: Together with Other Statutory and Constitutional ...

Chicago (Ill.) - Charters - 1906 - 432 pages
...Part I (Unless contracted to enable the state to repel invasions, etc.); I11., IV, 20; la., VII, I (Unless incurred in time of war for the benefit of the state); Ky., Sec. 176 (Unless contracted to defend itself in time of war, etc.) ; La., Art. 56; Mont., XIII,...
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The Bond Buyers' Dictionary

Samuel Armstrong Nelson - Bonds - 1907 - 184 pages
...a stockholder.] The State shall not become a stockholder in any corporation, nor shall it assume or pay the debt or liability of any corporation, unless...incurred in time of war for the benefit of the State. The limit of municipal indebtedness is fixed absolutely by the Constitution as follows: Article VIII....
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Proceedings of the Fiftieth Anniversary of the Constitution of Iowa: Held ...

State Historical Society of Iowa - Constitutional history - 1907 - 502 pages
...never assume, or become responsible for, the debts or liabilities of any individual, association, or corporation, unless incurred in time of war for the benefit of the State. SEC. 2. The State may contract debts to supply casual deficits or failures in revenues, or to meet expenses...
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The Bond Buyers' Dictionary

Samuel Armstrong Nelson - Bonds - 1907 - 196 pages
...never assume, or become responsible for the debts or liabilities of any individual, association or corporation, unless incurred in time of war for the benefit of the State. Section 2. [Limitation of State Indebtedness.] The State may contract debts to supply casual deficits...
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The Government of the United States

Lewis Slifer Shimmell - United States - 1908 - 320 pages
...(127)β€”The State cannot become a stockholder in any corporation, nor can it lawfully assume the debt of any corporation unless incurred in time of war for the benefit of the State. 10. Municipal Corporations. (128) β€” Counties, cities, towns, and school districts, into which the...
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The Federal and State Constitutions: Colonial Charters, and Other ..., Volume 2

Francis Newton Thorpe - Charters - 1909 - 630 pages
...never assume, or become responsible for, the debts or liabilities of any individual, association, or corporation, unless incurred in time of war for the benefit of the State. SEC. 2. The State may contract debts to supply casual deficits or failures in revenues, or to meet expenses...
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