 | Michigan - 1925 - 904 sider
...upon the property and revenues of such public utility, including a franchise, stating the terms npon which, in case of foreclosure, the purchaser may operate...sale of such utility and franchise on foreclosure : Provided further, That no village shall have power to issue mortgage bonds to be secured by a mortgage... | |
 | New York (State). Legislature - 1925 - 1204 sider
...property and revenues of such public utility, including a franchise stating the terms upon \\hich, in case of foreclosure, the purchaser may operate...sale of such utility and franchise on foreclosure. § 13. Laws may be passed to limit the power of municipalities to levy taxes and incur debts for local... | |
 | Detroit (Mich.) - 1925 - 222 sider
...railway system, including a franchise stating the terms upon which in case of foreclosure and purchase the purchaser may operate the same, which franchise...a longer period than twenty years from the date of purchase of the street railway system and the franchise on foreclosure. Franchise to Secure Bonds:... | |
 | Michigan - 1925 - 220 sider
...village, but shall be secured only nnon the property and revenues of such public utility, including a franchise, stating the terms upon which, in case of...may operate the same: which franchise shall in no ca«e extend for a longer period than twenty years from the date of the sale of such utility and franchise... | |
 | Thomas Harrison Reed, Paul Webbink - 1926 - 636 sider
...municipality but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. SEC. 13. Laws may be passed to limit the power of municipal ities to levy taxes and incur debts for... | |
 | Michigan - 1927 - 1388 sider
...operating the same, issue morEgage bonds therefor beyond the general limit of bonded indebtedness Proviso. prescribed by law : Provided, That such mortgage bonds...years from the date of the sale of such utility and Proviso, franchise on foreclosure: And provided, That said mortgage bonds shall be sold for not less... | |
 | 1924 - 934 sider
...village, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. SEC. 25. No city or village shall have power to abridge the right of elective franchise, to loan its... | |
 | 1913 - 292 sider
...municipality but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...sale of such utility and franchise on foreclosure. Sec. 13. laws may be passed to limit the power of municipalities to levy taxes and incur debts for... | |
 | Michigan - 1917 - 1106 sider
...city, but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of...date of the sale of such utility and franchise on foreFurther proviso, sinking fund. Emergency loans. Proviso, cities not under provisions of act Rents,... | |
 | Michigan - 1919 - 916 sider
...Proviso, security. foreclosure the "purchaser may operate the same, which franchise shall in no cage extend for a longer period than twenty years from...foreclosure : And provided further, That the charter shall £f£ ^jj slnk" provide for the creation of a sinking fund by setting aside such percentage of the... | |
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... but shall be secured only upon the property and revenues of such public utility, including a franchise stating the terms upon which, in case of foreclosure, the purchaser may operate the same, which franchise shall in no case extend for a longer period... 
