...a bridge across such river or stream; Provided, that any such bonded indebtedness shall not exceed including existing indebtedness, in the aggregate exceeding five per centum of the valuation of the taxable property within such township, to be ascertained from the last assessment...

...other purpose. This clause of the section is for the benefit of the creditor. 3. "Shall not hereafter be allowed to become indebted in any manner or for...Indebtedness, In the aggregate exceeding five per centom on the value of the taxable property therein, to be ascertained by the last assessment for state...

...and credit of the district and issue bonds therefor. ?Jo district may become indebted in any manner or for any purpose to an amount, including existing indebtedness, in the aggregate exceeding 1 percent of the assessed value of the taxable property therein. No district may incur indebtedness...

...and credit of the district and issue bonds therefor. No district may become indebted in any manner or for any purpose to an amount, including existing indebtedness, in the aggregate exceeding 1 percent of the assessed value of the taxable property therein. No district may incur indebtedness...

...(114 US 190). It seems that in the Constitution of the State of Illinois there is a provision that " no county, city, township, school district or other...existing indebtedness, in the aggregate exceeding rive per centum on the value of the taxable property therein," the language being ahnost identical...

...constitutional limit. Const, art. 11, 8 3. This section is of the following purport: No city shall be allowed to become indebted in any manner or for...existing indebtedness, in the aggregate exceeding 5 per cent, on the value of the taxable property therein. Aside from the complaint and answer, the...

...constitution of the State of Illinois provides (art. 9, sec. 12) that no municipal corporation shall he allowed to become indebted In any manner or for any...existing indebtedness!, in the aggregate exceeding 5 per cent on the value of taxable property therein, to be ascertained by the last assessment for State...

...appraised value. The Constitution of Iowa, however, provides 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...

...of article 9 of the Constitution of 1870, as is applicable to the question involved, is as follows: "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...

...year, would far exceed the statutory limit. Section 12 of article 9 of the constitution provides that "no county, city, township, school district, or other...existing indebtedness, in the aggregate exceeding five percentuin on the value of the taxable property therein, to be ascertained by the last assessment for...