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Maryland Manual, 1912-13
Volume 123, Page 38   View pdf image (33K)
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38 MARYLAND MANUAL. [ART. III.
Hill College vs. Jones, 47 Md., 16. Pumphrey vs. Mayor, &c., of Balto.,
47 Md., 145. 0 'Brian & Co. vs. Co. Commrs, of Baltimore Co., 51 Md.,
15. Co. Commrs. of Prince George's Co. vs. Co. Commrs, of Laurel, 51
Md., 457. Montague vs. State, 54 Md., 481. Hodges vs. Balto. Passen-
ger Railway Co., 58 Md., 603. Lankford vs. Commrs. Somerset Co., 73
Md., 105. Gans vs. Carter, 77 Md., 1. Revell vs. Mayor, &c., of An-
napolis, 81 Md., 1. Hamilton vs. Carroll, 82 Md., 326. Mealy vs. Hag
erstown, 92 Md., 745. Herbert vs. Balto. Co., 97 Md., 634. Baltimore
City vs. Allegany County, 99 Md., 1.
SEC. 34. No debt shall be hereafter contracted by the Gen-
Debts regu-
lated.
eral Assembly unless such debt shall be authorized by a law
providing for the collection of an annual tax or taxes suffi-
cient to pay the interest on such debt as it falls due, and also
to discharge the principal thereof within fifteen years from
the time of contracting the same; and the taxes laid for this
purpose shall not be repealed or applied to any other object
until the said debt and interest thereon shall be fully dis-
Credit of the
State not to
be given.
charged. The credit of the State shall not in any manner be
given, or loaned to, or in aid of any individual association or
corporation; nor shall the General Assembly have the power
in any mode to involve the State in the construction of works
of internal improvement, nor in granting any aid thereto,
which shall involve the faith or credit of the State; nor make
any appropriation therefor, except in aid of the construction
of works of internal improvement in the counties of St.
Mary's, Charles and Calvert, which have had no direct ad-
vantage from such works as have been heretofore aided by the
State; and provided that such aid, advances or appropriations
Public debt. shall not exceed in the aggregate the sum of five hundred
thousand dollars. And they shall not use or appropriate the
proceeds of the internal improvement companies, or of the
State tax, now levied, or which may hereafter be levied, to
pay off the public debt [or] to any other purpose until the
Temporary
deficiencies.
interest and debt are fully paid or the sinking fund shall be
equal to the amount of the outstanding debt; but the General
Assembly may, without laying a tax, borrow an amount never
to exceed fifty thousand dollars to meet temporary deficiencies
in the Treasury, and may contract debts to any amount that
may be necessary for the defence of the State.
State is. Hendrickson, 15 Md., 205.
Extra com-
pensation
prohibited.
SEC. 35. No extra compensation shall be granted or allow-
ed by the General Assembly to any public officer, agent, serv-
ant or contractor, after the service shall have been rendered,
or the contract entered into; nor shall the salary or compen-
sation of any public officer be increased or diminished during
his term of office.


 
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Maryland Manual, 1912-13
Volume 123, Page 38   View pdf image (33K)
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