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" No law shall authorize any debt to be contracted, on behalf of the State, except in the following cases: To meet casual deficits in the revenue ; to pay the interest on the State Debt; to repel invasion, suppress insurrection, or if hostilities be threatened,... "
Official Report of the Debates and Proceedings in the State Convention ... - 287 ページ
Massachusetts. Constitutional Convention, Harvey Fowler 著 - 1853 - 2631 ページ
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State Government

Frank Greene Bates, Oliver Peter Field - 1928 - 612 ページ
...money, shall be published with the laws of each regular session of the General Assembly. SEC. 5. No law shall authorize any debt to be contracted, on...hostilities be threatened, provide for the public defense. SEC. 6. No county shall subscribe for stock in any incorporated company, unless the same be...

State and Federal Laws Relating to Nonpublic Schools

Helen M. Jellison, Bascomb Associates - 1975 - 404 ページ
...and to no other purpose whatever. Finance (art. 10). SEC. 5. State debt prohibited; exceptions. —No law shall authorize any debt to be contracted, on...hostilities be threatened, provide for the public defense. SEC. 6. County indebtedness for stock; state assumption of debts,— No county shall subscribe...

Energy Impact Assistance Legislation: Hearings Before the Committee on ...

United States. Congress. Senate. Committee on Energy and Natural Resources - 1979 - 316 ページ
...earmark future revenues to repay the loan - 7 IN0IANA - The state constitution limits debt purposes: to meet casual deficits in the revenue, to pay the interest on state debt and for defense. - Counties, municipalities, and townships have a constitutional limit on...

Indiana History: A Book of Readings

Ralph D. Gray - 1994 - 460 ページ
...their second constitution in 1851, the document prohibited the state from contracting any debt except "To meet casual deficits in the revenue; to pay the...hostilities be threatened, provide for the public defense." An 1873 amendment prohibited the General Assembly from recognizing any liability or paying...

Frontier Indiana

Andrew R. L. Cayton - 1998 - 362 ページ
...surprisingly. the i85i state constitution prohibited future governments from going into debt except "to meet casual deficits in the revenue: to pay the...hostilities be threatened. provide for the public defense." Canals were the most expensive and controversial of internal improvements. Perhaps more important...

Constitution Making in Indiana: 1851-1916

Charles Kettleborough - 1916 - 734 ページ
...published with the laws of each regular session of the General Assembly. CREATION OF DEBT. Sec. 5. No law shall authorize any debt to be contracted on behalf...cases: To meet casual deficits in the revenue; to pay interest on the State debt; to repel invasion, suppress insurrection, or, if hostilities be threatened,...

The American Almanac and Repository of Useful Knowledge

1852 - 368 ページ
...debt, shall be applied to reduce the principal of the debt. No new debt shall be contracted, unless to meet casual deficits in the revenue, to pay the interest on the State debt, or to repel invasion, &c. The Assembly shall never assume any debts, nor shall any county lend its...

The american Almanac

CHARLES C. LITTLE & JAMES BROWN. - 1851 - 1092 ページ
...debt, shall be applied to reduce the principal of the debt. No new debt sliall tie contracted, unless to meet casual deficits in the revenue, to pay the interest on the State debt, or to repel Invasion, Лс. The Assembly shall never assume any debt», nor shall any county lend its...

The American Almanac and Repository of Useful Knowledge for the Year ..., 第 23 巻

1851 - 376 ページ
...debt, shall be applied to reduce the principal of the debt. No new debt shall be contracted, unless to meet casual deficits in the revenue, to pay the interest on the State debt, or to repel invasion, *c. The Assembly shall never assume any debts, nor shall any county lend its...

The Northeastern Reporter, 第 21 巻

1889 - 1148 ページ
...April 26, 1889.) CONSTITUTIONAL LAW — STATE DEBTS. 1. Const. Ind. art. 10, § 5, provides that no law shall authorize any debt to be contracted on behalf of the state, except "to meet casual deficits in the revenues; to pay the interest on the public debt: to repel invasion,...




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