...municipal cor poratious. This section, held, not to prohibit the Sue. 3. 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...

...City of Davenport, 3« Iowa, 396, the supreme court of Iowa says: "Our constitution declares that 'no municipal corporation shall be allowed to become indebted in any manner, or for any purpose, to an amount in the aggregate exceeding live por centum on the value of the taxable...

...following provision of the Constitution of Illinois : Opinion of the Court. " RETICLE IX. "SECTION 12. Xo 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...

...school. Section 12 of article 9 of the Constitution provides: "No * * * school district • * * shall be allowed to become indebted In any manner or for...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...

...language of section 12, art. 9, of the constitution, is: "No county, city, township, school-district, or other municipal corporation shall be allowed to...purpose, to an amount, including existing indebtedness, exceeding, in the aggregate, five per centum on the value of the taxable property therein, to he ascertained...

...does not. The language of the section, so far as material to be now stated, is: "No * * * city * * * or other 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...

...to the then existing indebtedness of such municipality, will make 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. SECTION 950. In case any such subscription as in the...

...this ruling is assigned as error. Section 3, art. 11, of the constitution, provides that "no county or other 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 of the value of the taxable...

...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 five per centum on the value of the taxable...

...to incur indebtedness to an amount, including existing indebtedness, in the aggregate exceeding ten per centum of the value of the taxable property therein, to be estimated by taking an average of the assessment in force during the ten years previous to the incurring...