 | Law reports, digests, etc - 1925 - 1216 pages
...remain of its annual levy after paying its general expenses and setting aside the yearly quota to pay interest on the bonds and to provide a sinking fund for their retirement. If nothing should be left then, the worn-out streets could not be reconstructed at all. As this court... | |
 | Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - Law reports, digests, etc - 1916 - 806 pages
...maturing within such year, the levy of a special tax for 1916 when no outstanding bonds matured until 1923 to pay the interest on the bonds and to provide a sinking fund to pay the principal was invalid. (State ex rel. v. Johnson, 107.) Municipal Corporations — Port... | |
 | William John Tossell - Law reports, digests, etc - 1915 - 754 pages
...any provision, or passed any ordinance or resolution, for levying or collecting annually by taxation an amount sufficient to pay the interest on the bonds, and to provide a Franklin Common Pleas. sinking fund for their final redemption at maturity, or any part thereof, as... | |
 | Puerto Rico. Governor - Puerto Rico - 1907 - 500 pages
...sale. A special tax was levied on all the property of the island, sufficient to cover the payments of interest on the bonds and to provide a sinking fund for their redemption. After due consideration the council concluded that an issue of 4 per cent bonds, in series... | |
 | William Herbert Page - Annotations and citations (Law) - 1914 - 1276 pages
...reason of the failure of council to make provision for levying and collecting annually by taxation an amount sufficient to pay the interest on the bonds and to provide a sinking fund for their final redemption at maturity. Link v. Karl,, 14 OXP (NS) 244. XV. CORPORATIONS. A. LIMITATIONS UPON... | |
 | William Herbert Page - Annotations and citations (Law) - 1918 - 1290 pages
...24 OD (NP) 221]. It is not necessary that the provision for levying and collecting by taxation the amount sufficient to pay the interest on the bonds and to provide a sinking fund for their final redemption, should be contained in the ordinance which authorizes the issue of such bonds: Link... | |
 | Roads - 1914 - 524 pages
...reconstruction which shall be payable in not exceeding five years), and an annual tax shall be levied sufficient to pay the interest on the bonds and to provide a sinking fund for the retirement of such bonds at maturity. New Mexico When petitioned by not less than 10 per cent of... | |
 | Ohio State Library. Legislative Reference Dept - Municipal finance - 1917 - 106 pages
...reason of the failure of council to make provision for levying and collecting annually by taxation an amount sufficient to pay the interest on the bonds and to provide a sinking fund for their final redemption at maturity: Link v. Karb, 14 ONP (NS) 244, 24 OD (NP) 221 [affirmed by court of appeals... | |
 | 1919 - 832 pages
...maturing within such year, the levy of a special tax for 1916 when no outstanding bonds matured until 1923 to pay the interest on the bonds and to provide a sinking fund to pay the principal was invalid. — State ex rel. v. Johnson, 80 Or. 107, 156 Рас. 579. 11. Sueh... | |
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Paso for an injunction, it was alleged, among other things, that if certain bonds were issued, the complainant would be compelled to pay taxes on its property for the interest on the bonds and to provide a sinking fund for the principal thereof, but the... 
