 ... before or at the time of incurring such indebtedness provision shall be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal...  The South Western Reporter - Page 1391914Full view - About this book
 | Francis Newton Thorpe - Political Science - 1909 - 662 pages
...for the collection of an annual tax sufficient to pay the interest on such indebtedness as it fulls due, and also to constitute a sinking fund for the payment of the principal thereof within twenty-five, years from the time of contracting the same. SEC. 27. Any incorporated city or town in... | |
 | 1968 - 244 pages
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 | United States - Constitutions - 1969 - 348 pages
...the time of incurring such indebtedness provision shall be made for the collection of an annual tax sufficient to pay the interest on such indebtedness as it falls due, and also for a sinking fund for the payment of the principal thereof on or before maturity, which shall not... | |
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