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Books Books 11 - 12 of 12 on Council of said town to issue upon certain conditions the bonds or other obligations....  
" Council of said town to issue upon certain conditions the bonds or other obligations of said town, not to exceed in amount, including all outstanding bonds, seven per centum of the assessed value of the taxable property of said town, as shown by the... "
Journal - Page 241
by Mississippi. Legislature. House - 1902
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Cases Argued and Decided in the Supreme Court of Mississippi ..., Volume 111

Mississippi. Supreme Court - Law reports, digests, etc - 1917
...improved highways and the issuance of bonds for the construction of same in an amount not to exceed ten per centum of the assessed value of the taxable property of said district, and had contracted to issue and sell road bonds of said district in the sum of one hundred...
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Southern Reporter, Volume 38

Law reports, digests, etc - 1905
...liquidation of existing debts of the municipality, may issue the bonds or other obligations of the city, not to exceed in amount, including all outstanding...of the assessed value of - the taxable property of the municipality, unless authorized by two-thirds of the qualified electors thereof; but in no case...
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