Provisions
XI.10 proposed for 1916 • Limitation of indebtedness of counties, cities, towns and villages; exception as to city of New York.
REJECTED
The Text
No county, city, town or village shall hereafter give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, or become directly or indirectly the owner of stock in, or bonds of, any association or corporation; nor shall any such county, city, town or village be allowed to incur any indebtedness except for county, city town or village purposes. This section shall not prevent such county, city, town or village from making such provision for the aid or support of its poor as may be authorized by law.
A Few Facts
• Has 98 words
• Was proposed by the Constitutional Convention
• Went to NYS voters as proposed amendment 4 of 1915
If New Yorkers voted to approve this provision, it would have:
• Joined the Constitution in 1916
• Been in Article XI: Corporations; municipal debts; boards and commissions
• Changed the text of a previously existing provision
• Amended or built on:
◦ 1910-VIII.10
Credits
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