Section 10.

No county shall create any debt or liabilities which shall singly or in the aggregate, with previous debts or liabilities, exceed the sum of $5,000; provided, however, counties may incur bonded indebtedness in excess of such $5,000 limitation to carry out purposes authorized by statute, such bonded indebtedness not to exceed limits fixed by statute.

No county shall create any debt or liabilities which shall singly or in the aggregate, with previous debts or liabilities, exceed the sum of $5,000, except to suppress insurrection or repel invasion or to build or maintain permanent roads within the county; and debts for permanent roads shall be incurred only on approval of a majority of those voting on the question, and shall not either singly or in the aggregate, with previous debts and liabilities incurred for that purpose, exceed 6 per cent of the assessed valuation of all property in the county; provided, however, that

Either Crook or Curry county, or both, may issue warrants drawn on its treasurer to evidence debts and liabilities imposed on It by law and which the county is powerless to prevent and may issue bonds in an amount not to exceed 2 per cent of the assessed valuation of all the property in the county to fund its warrants so issued whenever such bonds shall be authorized by a majority of the legal voters of the county voting on the question at any general election or a special election called and held for such purposes; provided further, that the county court may order a special election for said purpose and shall cause printed notices thereof, signed by the county clerk, to be posted at least twenty days before the date of the election, in like manner as notices of a general election are now posted, which notices shall particularly specify the amount of bonds proposed to be issued, the length of time they shall run, which shall not exceed twenty years, and the maximum rate of interest they shall bear, which shall not exceed the legal rate, and said court shall have printed for use at such election the same number of ballots, both official and sample ballots, as would be required by the election laws at a general election, said ballots to specify the amount of bonds to be issued, the length of time they shall run and the maximum rate of interest they shall bear, and said election shall be conducted by -the regularly appointed election officials and in accordance with the general election laws, except as herein otherwise provided; provided further, that said bonds, when so authorized, may be sold by the county court for the best price obtainable and, subject to the limitations hereinabove set forth, shall be in such form as the county court may prescribe; provided further, that the county court shall each year, after the issuance of such bonds, levy a special tax in such an amount as may be necessary to pay the interest on said bonds and to retire the principal thereof at maturity, such tax to be in addition to all other taxes provided by law; provided further,

The county court of Linn county, Oregon, shall annually levy a tax equal to 2 mills on the dollar of taxable property of said county for the purpose of paying all warrants of said county outstanding December 31, 1921, with interest at the legal rate from the dates thereof to the date of payment, which tax shall be levied and collected as other taxes, kept in a separate fund and applied only to the payment of said warrants and accrued interest thereon, same to be paid in numerical order until all said warrants and accrued interest shall have been paid. When all said warrants and accrued interest shall have been paid, the power hereby conferred shall cease. Said tax may be in addition to and in excess of the limitations fixed by section 11, article XI of the constitution of the state of Oregon; provided further, that

Benton county, upon the majority vote of the people thereof, voting thereon, may issue bonds not to exceed an amount equal to the amount of the warrants of said county outstanding on December 31, 1921, for the payment of which no funds were then available, and pay the unpaid expenses of said county from the proceeds of such bonds. Such election shall be called and held and such bonds shall be issued and sold in the same manner and according to the same procedure as provided in this section for holding of elections and the issuance and sale of bonds by Crook and Curry counties; provided further, that

Klamath county, Oregon, upon the majority vote of the people thereof, voting thereon, may issue bonds not to exceed an amount equal to the amount of the warrants of said county outstanding on April 1, 1919, and all interest on same to date of said election, for the payment of which no funds were then available, the proceeds from the sale of such bonds to be devoted to paying the said outstanding warrants. Such election shall be called and held and such bonds shall be issued and sold in the same manner and according to the same procedure as provided in this section for holding of elections and the issuance and sale of bonds for Crook and Curry counties; provided further, that

Clackamas county, Oregon, upon the majority vote of the people thereof, voting thereon, may issue bonds not to exceed an amount equal to the amount of the warrants of said county outstanding on December 31, 1924, and all interest on same to date of said election, for the payment of which no funds were then available, the proceeds from the sale of such bonds to be devoted to paying the outstanding warrants. Such elections shall be called and held and such bonds shall be issued and sold and the payment thereof provided for in the same manner and according to the same procedure as provided in this section for holding of elections and the issuance and sale of bonds and for the payment thereof for Crook and Curry counties; provided further, that

Curry county may, by resolution of its county court, after approval by a majority vote of the legal voters of the county voting upon the question at any general election or at a special election called and held for the purpose, ratify, validate and assume the payment of all warrants of the said county outstanding and unpaid on January 1, 1925, together with the interest accrued thereon, and may audit and allow all claims for labor and services performed for and on behalf of and for the benefit of the said county by order of its proper officers and for all materials and supplies furnished to or for the benefit of said county by order of its proper officers, prior to January 1, 1925, audit and allowance of which claims have been withheld by reason of the provisions and limitations of the constitution and statutes of Oregon, and may issue warrants for such claims when the same shall have been audited and approved; and the said warrants so issued, together with the other outstanding warrants hereinbefore mentioned, with the interest accrued upon all of the said warrants, may be paid in due course and regular order, as hereinafter provided; for the purpose of paying the said warrants, with the interest accrued thereon, the county court of Curry county may, by appropriate resolution, issue bonds of said county in such amount as shall be sufficient for the purpose aforesaid, which said bonds shall bear interest, payable semiannually, at a rate to be determined by the county court, but not exceeding 6 per cent per annum, and shall mature serially at the rate of 10 per cent of the entire issue per year, beginning with the sixth year; such bonds, if issued, shall be sold by the county court for the best price obtainable, but for not less than par and accrued interest; and the county court shall, if said bonds be issued, levy each year after the issuance thereof a special tax in such an amount as may be necessary to pay the interest on said bonds and to retire the principal thereof at maturity, which said tax shall be in addition to all other taxes provided by law, and may be in excess of the limitations established by section 11 of article XI of the constitution of Oregon; or the county court of Curry county may, for the purpose of paying the said warrants and the accrued interest thereon, levy annually until the same be fully paid a special tax not exceeding 10 mills on the dollar of taxable property of said county, which said tax, if levied, shall be levied and collected as other county taxes are levied and collected; and the proceeds of said tax levy shall be kept in a special fund and shall be applied only to the payment of the said warrants and the interest accrued thereon in the chronological order of their registration; and the said tax shall be in addition to all other taxes provided by law and may be in excess of the limitations established by the provisions of section 11 of article XI of the constitution of Oregon; the election for the purpose of voting upon the question of ratifying, validating and assuming payment of the said warrants and claims may be called and held in the same manner and upon the same procedure as is hereinabove in this section provided for the calling and holding of special elections in Crook and Curry counties; provided, that the adoption of this proposed amendment shall not be considered as a repeal of the proposed amendment to this section of the constitution proposed by this session of the legislature permitting the counties of Klamath and Clackamas to issue bonds as provided in such amendments, and that all of such amendments shall become a part of the constitution if approved by the people.

No county shall create any debt or liabilities which shall singly or in the aggregate, with previous debts or liabilities, exceed the sum of $5,000, except to suppress insurrection or repel invasion or to build or maintain permanent roads within the county; and debts for permanent roads shall be incurred only on approval of a majority of those voting on the question, and shall not either singly or in the aggregate, with previous debts and liabilities incurred for that purpose, exceed 6 per cent of the assessed valuation of all property in the county; provided, however, that either Crook or Curry county, or both, may issue warrants drawn on its treasurer to evidence debts and liabilities imposed on it by law and which the county is powerless to prevent and may issue bonds in an amount not to exceed 2 per cent of the assessed valuation of all the property in the county to fund its warrants so issued whenever such bonds shall be authorized by a majority of the legal voters of the county voting on the question at any general election or a special election called and held for such purpose; provided, further, that the county court may order a special election for said purpose and shall cause printed notices thereof, signed by the county clerk, to be posted at least twenty days before the date of the election, in like manner as notices of a general election are now posted, which notices shall particularly specify the amount of bonds proposed to be issued, the length of time they shall run, which shall not exceed twenty years, and the maximum rate of interest they shall bear, which shall not exceed the legal rate, and said court shall have printed for use at such election the same number of ballots, both official and sample ballots, as would be required by the election laws at a general election, said ballots to specify the amount of bonds to be issued, the length of time they shall run and the maximum rate of interest they shall bear, and said election shall be conducted by the regularly appointed election officials and in accordance with the general election laws except as herein otherwise provided; provided further, that said bonds when so authorized may be sold by the county court for the best price obtainable and, subject to the limitations hereinabove set forth, shall be in such form as the county court may prescribe; provided further, that the county court shall each year, after the issuance of such bonds, levy a special tax in such an amount as may be necessary to pay the interest on said bonds and to retire the principal thereof at maturity, such tax to be in addition to all other taxes provided by law; provided further, the county court of Linn county, Oregon, shall annually levy a tax equal to 2 mills on the dollar of taxable property of said county for the purpose of paying all warrants of said county outstanding December 31, 1921, with interest at the legal rate from the dates thereof to the date of payment, which tax shall be levied and collected as other taxes, kept in a separate fund and applied only to the payment of said warrants and accrued interest thereon, same to be paid in numerical order until all said warrants and accrued interest shall have been paid. When all said warrants and accrued interest shall have been paid, the power hereby conferred shall cease. Said tax may be in addition to and in excess of the limitations fixed by section 11, article xi, of the constitution of the state of Oregon : provided further, that Benton county, upon the majority vote of the people thereof, voting thereon, may issue bonds not to exceed an amount equal to the amount of the warrants of said county outstanding on December 31, 1921, for the payment of which no funds were then available and pay the unpaid expenses of said county from the proceeds of such bonds.
Such election shall be called and held and such bonds shall be issued and sold in the same manner and according to the same procedure as provided in this section for holding of elections and the issuance and sale of bonds by Crook and Curry counties.

No county shall create any debt or liabilities which shall singly or in the aggregate, with previous debts or liabilities, exceed the sum of $5,000, except to suppress insurrection or repel invasion or to build or maintain permanent roads within the county; and debts for permanent roads shall be incurred only on approval of a majority of those voting on the question, and shall not either singly or in the aggregate, with previous debts and liabilities incurred for that purpose, exceed 6 per cent of the assessed valuation of all property in the county ; provided, however, that either Crook or Curry county, or both, may issue warrants drawn on its treasurer to evidence debts and liabilities imposed on it by law and which the county is powerless to prevent and may issue bonds in an amount not to exceed 2 per cent of the assessed valuation of all the property in the county to fund its warrants so issued whenever such bonds shall be authorized by a majority of the legal voters of the county voting on the question at any general election or a special election called and held for such purpose; provided, further, that the county court may order a special election for said purpose and shall cause printed notices thereof, signed by the county clerk, to be posted at least twenty days before the date of the election, in like manner as notices of a general election are now posted, which notices shall particularly specify the amount of bonds proposed to be issued, the length of time they shall run, which shall not exceed twenty years, and the maximum rate of interest they shall bear, which shall not exceed the legal rate, and said court shall have printed for use at such election the same number of ballots, both official and sample ballots, as would be required by the election laws at a general election, said ballots to specify the amount of bonds to be issued, the length of time they shall run and the maximum rate of interest they shall bear, and said election shall be conducted by the regularly appointed election officials and in accordance with the general election laws except as herein otherwise provided; provided further, that said bonds when so authorized may be sold by the county court for the best price obtainable and, subject to the limitations hereinabove set forth, shall be in such form as the county court may prescribe; provided further, that the county court shall each year, after the issuance of such bonds, levy a special tax in such an amount as may be necessary to pay the interest on said bonds and to retire the principal thereof at maturity, such tax to be in addition to all other taxes provided by law.
Provided further, the county court of Linn county, Oregon, shall annually levy a tax equal to 2 mills on the dollar of taxable property of said county for the purpose of paying all warrants of said county outstanding December 31, 1921, with interest, at the legal rate from the dates thereof to the date of payment, which tax shall be levied and collected as other taxes, kept in a separate fund and applied only to the payment of said warrants and accrued interest thereon, same to be paid in numerical order until all said warrants and accrued interest shall have been paid. When all said warrants and accrued interest shall have been paid, the power hereby conferred shall cease. Said tax may be in addition to and in excess of the limitations fixed by section 11, article XI of the constitution of the state of Oregon.

No county shall create any debts or liabilities which shall singly or in the aggregate with previous debts or liabilities exceed the sum of five thousand dollars, except to suppress insurrection or repel invasion or to build and maintain permanent roads within the county; and debts for permanent roads shall be incurred only on approval of a majority of those voting on the question, and shall not either singly or in the aggregate with previous debts and liabilities incurred for that purpose exceed two per cent of the assessed valuation of all the property in the county.

Limitation Upon Powers of County to Contract Debts

No county shall create any debts or liabilities which shall singly or in the aggregate exceed the sum of five thousand dollars, except to suppress insurrection or repel invasion, or to build permanent roads within the county, but debts for permanent roads shall be incurred only on approval of a majority of those voting on the question.

Limitation Upon Powers of County to Contract Debts

No county shall create any debts, or liabilities, which shall singly or in the aggregate, exceed the sum of five thousand dollars, except to suppress insurrection, or repel invasion, but the debts of any county at the time this Constitution takes effect, shall be disregarded in estimating the sum to which such county is limited.