 | Michigan. Constitutional Convention - 1850 - 990 Seiten
...of at least five per cent., to be applied solely to the payment and extinguishment of the principal of the State debt, other than the amounts due to educational funds, and shall be continued until the extinguishment thereof. The unfunded debt shall not be funded or redeemed... | |
 | Michigan - 1850 - 964 Seiten
...of at least five per cent, to be applied solely fo the payment and extinguishment of the principal of the State debt, other than the amounts due to educational funds, and »h.ili be continued until the extinguishment thereof. The unfunded debt shall not be funded or... | |
 | Michigan. Legislature - 1851 - 876 Seiten
...debt, in the order herein recited, until the extinguishment of the State debt other than the amount due to educational funds, when such specific taxes...constitute a part of the primary school interest fund. A comparison will show that the trust confided by the people to their delegates in Convention, was... | |
 | Michigan. Legislature. Senate - 1851 - 426 Seiten
...consideration. In making provision for a revenue by taxation, the constitution requires that the amount be sufficient, with other resources, to pay the estimated...State government, the interest of the State debt, and all occuring deficiencies. The Legislature is also required to provide by law a sinking fund, of at... | |
 | Michigan. Legislature - 1851 - 548 Seiten
...as to finances and taxation, which will require legislative action at the ensuing session, are, that the legislature shall provide for an annual tax, sufficient,...other resources, to pay the estimated expenses of tb« State government, and interest on the State debt, — and a sinking fund to commence in 1852,... | |
 | Michigan - 1851 - 434 Seiten
...of at least five per cent, to be applied solely to the payment and extinguishment of the principal of the State debt, other than the amounts due to educational funds, and shall be continued until the extinguishment thereof. The unfunded debt shall not be funded or redeemed... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1895 - 792 Seiten
...other educational funds, and the interest and principal of the State debt, in the order herein recited, until the extinguishment of the State debt other than...constitute a part of, the primary school interest fund," are mandatory, and the Legislature has no power to place the moneys arising from such taxes into any... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1869 - 622 Seiten
...other educational funds, and the interest and principle of the state debt, in the order herein recited, until the extinguishment of the state debt, other...constitute a part of the Primary School Interest Fund." It is apparent that the fundamental law has irrevocably prescribed the application of all such specific... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1900 - 808 Seiten
...other educational funds, and the interest and principal of the state debt, in the order herein recited, until the extinguishment of the state debt, other...taxes shall be added to and constitute a part of the primary-school interest fund. The legislature shall provide for an annual tax, sufficient, with other... | |
 | Michigan. Department of Public Instruction - 1852 - 666 Seiten
...debt, in the order herein recited, until the extinguishment of the State debt other than the amount due to educational funds, when such specific taxes...constitute a part of the primary school interest fund. A comparison will show that the trust confided by the people to their delegates in Convention, was... | |
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All specific State taxes, except those received from the mining companies of the Upper Peninsula, shall be applied in paying the interest upon the primary school, university and other educational funds, and the interest and principal of the State debt,... 
