Sentence Examples

  • Long) from Chattanooga, Tennessee, to Atlanta, which has valuable terminal facilities in both cities, and which in 1910 was estimated to be worth $8,400,240 (more than the amount of the bonded debt); this railway the state built in 1841-1850, and in 1890 leased for 29 years, at an annual rental of $420,012, to the Nashville, Chattanooga & St Louis railway.
  • In 1902 the net bonded debt, exclusive of about two millions of dollars held for educational purposes, was $1,171,394, but this debt was paid in full in the years immediately following.
  • For defraying the expenses of the state government, exclusive of the interest on the bonded debt, the tax rate is limited by the constitution to four mills on the dollar of assessed valuation.
  • The total bonded debt of the state on the 31st of October 1908 was $642,300, and was incurred for the most part for the construction of public buildings during the Territorial period.
  • The state had a bonded debt in 1909 of $384,000, authorized by popular vote in November 1908; by the constitution the aggregate indebtedness of the state was limited to $100,000 except in case of war, invasion or insurrection, or in case a measure authorizing a greater indebtedness should be submitted by the legislature to the electorate and should receive a majority of the votes cast.

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