...indebtedness or ed revenue bonds in anticipation of the collection of taxes for amounts ** £™j. actually contained, or to be contained in the taxes for the year authorized, when such certificates of indebtedness or revenue bonds are issued, but not to exceed in...

...indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation, shall be allowed to become indebted in any further amount until...or to be contained in the taxes for the year when * As amended November 6, 1917. Article VIII — Continued. such certificates or revenue bonds are issued...

...indebtedness exceeds five per cent of the assessed valuation of its real estate subject to taxation, shall be allowed to become indebted in any further amount until...such indebtedness shall be reduced within such limit, except such indebtedness as may be provided for by the tax levy for the then current year ; and except...

...exceeds five per cent, of the assessed valuation of its real estate, subject to taxation, shall be allowed to become indebted in any further amount until...such indebtedness shall be reduced within such limit, except such indebtedness as may be provided for by the tax levy for the then current year, and except...

...exceeds ten per centum of the assessed valuation of its real estate, subject to taxation, shall be allowed to become indebted in any further amount until...indebtedness shall be reduced within such limit. This section shitll not he construed to prevent the issuing of certificates of indebtedness, or revenue bonds issued...

...exceeds five per cent, of the assessed valuation of its real estate, subject to taxation, shall be allowed to become indebted in any further amount until...such indebtedness shall be reduced within such limit, except such indebtedness as may be provided for by the tax levy for the then current year, and except...

...indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation, shall be allowed to become indebted in any further amount until...indebtedness shall be reduced within such limit." The limitation thus placed upon the capacity of the larger cities of the State to incur indebtedness...

...indebtedness exceeds ten per centum of the assessed valuation of its real estate subject to taxation, shall be allowed to become indebted in any further amount until...indebtedness shall be reduced within such limit." Art. 8, § 11, NY Const., as amended Nov. 4, 1884. We think it plain that the indebtedness here referred...

...shall not be constiaied to prevent the issuing of certificates of indebtedness or rovonuu bondi Issued in anticipation of the collection of taxes for amounts actually contained, or to lit» contained in the taxes for tho year when such certificates or revenue bonds are issued and pa.y.-,V-ln...

...January. 1910, of which so much as is germane to the question under consideration is as follows : "All certificates of indebtedness or revenue bonds issued in anticipation of the collection of taxes, which are not retired within five years after their date of issue, and bonds issued to provide...