...increased or diminished during such term. § 12. No county, city, township, school district, or othei municipal corporation shall be allowed to become indebted...indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained by the last assessment for State and...

...the State Constitution adopted in the year 1870. That section declares that, "No county, city, town, township, school district or other municipal corporation...manner or for any purpose, to an amount, including existingindebtedness,intheaggregate,exceeding five per centum on the value of taxable property therein,...

...to the then existing indebtedness of such municipality, will made a sum exceeding five per centum on the value of the taxable property therein, to be ascertained by the last previous assessment for state and county taxes. Railroad Laws. WHEN SUBSCRIPTION TO BB PAID IN ONE...

...for that purpose; nor in cases requiring such assent shall any indebtedness be allowed to be incurred to an amount including existing indebtedness, in the aggregate, exceeding five per centum on the value of the taxable property therein, to be ascertained by the assessment next before the last...

...that the bonds were Issued In violation of that clause of the constitution of the state providing that "no county, city, township, school district, or other...indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained by the last assessment for state and...

...city, township, school district or other municipal corporation from becoming indebted in any manner or for any purpose, to an amount including existing...indebtedness, in the aggregate exceeding five per centum on the value of the taxable property" of such municipality. It appeared in that case that the city...

...authorized their bonds to be issued, shall hereafter be allowed to ' become indebted, in any mannerr.or for any purpose, to an amount, including existing...indebtedness, in the aggregate exceeding five per centum on the value of the taxable property therein, to be ascertained by the last assessment for State and...

...no money in its treasury. The constitution of Iowa declares that "no county, or other political or municipal corporation, shall be allowed to become indebted in any manner, or for any purpose, to an amount in the aggregate exceeding 5 per centum on the value of the taxable property...

...the county of Hebard and another vs. Ashland County and another. Ashland had an existing indebtedness exceeding five per centum of the value of the taxable property therein. It follows, and the circuit court so found, that said indebtedness, for which in part the said taxes...

...brought this writ of error. The Constitution of Iowa declares that " no county, or other political or municipal corporation, shall be allowed to become indebted in any manner, or for any purpose, to an amount in the aggregate exceeding five per centum on the value of the taxable...