Section 14a. Special Provision for a Loan for Hospital Building for Insane
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Special Provision for a Loan for Hospital Building for Insane
For the purpose of erecting and completing buildings for a hospital for the insane; a deaf, dumb and blind asylum, and state prison, the legislature may, by law, increase the public debt of the state, to an amount not exceeding two hundred and fifty thousand dollars, in addition to the public debt already heretofore authorized by the constitution, and for that purpose may provide by law for issuing and negotiating the bonds of the state, and appropriate the money only for the purpose aforesaid, which bonds shall be payable in not less than ten nor more than thirty years, from the date of the same, at the option of the state.
The Legislature shall not authorize any county, township, city, or other municipal corporation to issue bonds or to become indebted in any manner to aid in the construction or equipment of any or all railroads to any amount that shall exceed ten per centum of the value of the taxable property within such county, township, city or other municipal corporation. The amount of such taxable property to be ascertained and determined by the last assessment of said property made for the purposes of state and county taxation previous to the incurring of such indebtness.
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Special Provision for a Loan for Hospital Building for Insane
For the purpose of erecting and completing buildings for a hospital for the insane; a deaf, dumb and blind asylum, and state prison, the legislature may, by law, increase the public debt of the state, to an amount not exceeding two hundred and fifty thousand dollars, in addition to the public debt already heretofore authorized by the constitution, and for that purpose may provide by law for issuing and negotiating the bonds of the state, and appropriate the money only for the purpose aforesaid, which bonds shall be payable in not less than ten nor more than thirty years, from the date of the same, at the option of the state.