A Financial History of Texas

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The University, 1916 - 444 páginas
 

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Términos y frases comunes

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Página ii - The benefits of education and of useful knowledge, generally diffused through a community, are essential to the preservation of a free government.
Página 228 - The legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the state, or of any county, city and county, city, township, or other political corporation or subdivision of the state now existing, or that may be hereafter established, in aid of or to any person, association, or corporation, whether municipal or otherwise, or to pledge the credit thereof, in any manner whatever, for the payment of the liabilities of any individual, association, municipal,...
Página 99 - Taxation shall be equal and uniform throughout the state. All property in this state shall be taxed in proportion to its value, to be ascertained as directed by law ; but assessors and collectors of town, county, and state taxes shall be elected by the qualified electors of the district, county, or town in which the property taxed for state, county, or town purposes is situated.
Página 223 - All funds, lands and other property heretofore set apart and appropriated for the support of public schools; all the alternate sections of land reserved by the State out of grants heretofore made or that may hereafter be made to (809) railroads, or other corporations...
Página 94 - State, and shall furnish means for their support by taxation on property; and it shall be the duty of the legislature to set apart not less than one-tenth of the annual revenue of the State, derivable from taxation, as a perpetual fund, which fund shall be appropriated to the support of free public schools...
Página 376 - If any bill presented to the governor contains several items of appropriation, he may object to one or more of such items, and approve the other portion of the bill.
Página 121 - That no more than five millions of said stock shall be issued until the creditors of the State holding bonds and other certificates of stock of Texas, for which duties on imports were specially pledged, shall first file at the Treasury of the United States...
Página 208 - The specification of the objects and subjects of taxation shall not deprive the Legislature of the power to require other subjects or objects to be taxed, in such manner as may be consistent with the principles of taxation fixed in this Constitution. Sec. 18. Equalization of Taxes. — The Legislature shall provide for equalizing, as near as may be, the valuation of all property subject to or rendered for taxation (the County Commissioner's* Court to constitute a board of equalization) ; and may...
Página 189 - ... sufficient to pay the interest and provide a sinking fund for the extinguishment of all bonds and funded debts and for the payment of all judgments final except in condemnation of property cases, and the taxes so raised shall be used for no other purpose whatever.
Página 99 - Legislature shall have power to lay an income tax, and to tax all persons pursuing any occupation, trade, or profession : provided, that the term " occupation," shall not be construed to apply to pursuits either agricultural or mechanical.

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