| Michigan. Banking Division - 1914 - 770 pages
...Public Acts of 1913. This section provides in part as follows: "Each city may in its charter provide: (b) For borrowing money on the credit of the city...public utility. it may for the purpose of acquiring the same borrow money on the credit of the city in a sum not to exceed two per centum of the assessed value... | |
| Michigan. Banking Division - 1915 - 780 pages
...Public Acts of 1913. This section provides in part as follows: "Each city may in Its charter provide: (b) For borrowing money on the credit of the city...utility, it. may for the purpose of acquiring the same borrow money on the credit of the city in a sum not to exceed two per centum of the assessed value... | |
| Michigan - 1915 - 1342 pages
...sum not to exceed two per centum of the assessed value of all real and personal property in the city; (b) For borrowing money on the credit of the city...value of all real and personal property in the city: Provided, That in cities where the amount of money which may be borrowed is now limited by law, such... | |
| Port Huron (Mich.) - 1915 - 424 pages
...improvement bonds and bonds for which special assessments are levied, shall not exceed ten per cent of the assessed value of all real and personal property in the City, and any indebtedness created in excess thereof shall be void except as herein otherwise provided. in... | |
| Michigan - 1915 - 1564 pages
...exceed two Ier centum of time assessed value of all real and l)el-solmal property in the city ; Loans. (b) For borrowing money on the credit of the city in a sunm not to exceed eight per centum of the assessed value of I'rovlso. all real and l)erSonal property... | |
| Michigan. Banking Division - 1916 - 798 pages
...Public Acts of 1913. This section provides In part as follows : "Each city may In Its charter provide : (b) For borrowing money on the credit of the city...to exceed eight per centum of the assessed value of nil real anil personal property In the city • « • • when a city Is authorized to acquire or... | |
| Ann Arbor (Mich.) - 1917 - 48 pages
...preservation of municipal property. The sums so borrowed shall not exceed one-tenth of one per cent of the assessed value of all real and personal property in the city, and such loans shall not be made for a longer period than four years. (c) No ordinance providing for... | |
| Michigan. Banking Division - 1919 - 864 pages
...Public Acts of 1013. This section provides in part as follows: "Each city may in its charter provide: (b) For borrowing money on the credit of the city...public utility, it may for the purpose of acquiring the same borrow money on the credit of the city in a sum not to exceed two per centum of the assessed value... | |
| Michigan. Banking Division - 1920 - 840 pages
...authorized to acquire or operate any public utility, it may for the purpose of acquiring the snme borrow money on the credit of the city in a sum not to exceed two per centum of the assessed value of ail the renl nnd personal propertyof the city, nnd 'be city... | |
| William Kent Clute - 1920 - 798 pages
...City or for the preservation of municipal property, a sum not to exceed one-fourth of one per cent, of the assessed value of all real and personal property in the city and issue bonds therefor due in not more than three years. TITLE XII. Trustees of the Sinking Fund.... | |
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