...promissory notes therefor, or may issue and dispose of bonds to raise moneys necessary to pay therefor, at a rate of interest not exceeding ten per cent per annum; and may also issue bonds, or promissory notes, at the same rate of interest in payment of any debts or...

...promissory notes therefor, or may issue and dispose of bonds to raise moneys necessary to pay therefor, at a rate of interest not exceeding ten per cent per annum; and may also issue bonds, or promissory notes, at the same rate of interest in payment of any debts or...

...have power to borrow money on the credit of the company, not exceeding its authorized capital stock, at a rate of interest not exceeding ten per cent, per annum, payable scmi-annually, and may execute bonds therefor, with interest coupons thereto annexed, and secure...

...the extent of $100,000; and, for the payment of the same, expressly empowers them to borrow money, at a rate of interest not exceeding ten per cent per annum, and to pledge the faith of the county for the annual payment of the interest and the ultimate redemption...

...compensation." It is argued, however, that, as the City was only authorized by law to borrow money at a rate of interest not exceeding ten per cent per annum, the money cannot be recovered back, because a sale of the bonds involved an obligation to pay interest...

...power to borrow money, on the credit of the said company, not exceeding its authorized capital stock, at a rate of interest not exceeding ten per cent, per annum, payable semi-annually, and may execute bonds therefor, with interest coupons thereto annexed, and secure...

...exceeding three thousand dollars, to finish the court house now partly finished, and to build a jail, at a rate of interest not exceeding ten per cent. per annum. SEC. 2. In order to enable the said board of commissioners 10 borrow said money, or any part thereof,...

...complaint. The section (fifteen) relied on evidently confers by its first clause, ending with the words " at a rate of interest not exceeding ten per cent. per annum," a different and distinct power from the clause just succeeding. The first clause confers the power...

...and may issue its bonds therefor, payable at a time not exceeding ten years from the date thereof, at a rate of interest not exceeding ten per cent per annum : Provided, That the qupstiou of making said loan shall be submitted to u vote of the electors of said...