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Proceedings and Debates of the 1867 Constitutional Convention
Volume 74, Page 109   View pdf image (33K)
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109
Sec. 30. No debt shall be hereafter contracted by the Gen-
eral Assembly, unless Such debt shall be authorized by a
law providing for the collection of an annual tax or taxes,
sufficient 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this purpose shall not be repealed or applied to any other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
discharged; the credit of the State shall not in any manner
be given or loaned to, or in aid of any individual, associa-
tion 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 coun-
ties of St. Mary's, Charles and Calvert, which have had no
direct advantage from such works, as have been heretofore
aided by the State; and Provided, that such aid, advances
or appropriations shall not exceed in the aggregate the sum
of three 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 here-
after be levied, to pay off the public debt to any other pur-
pose until the interest and debt are fully paid, or the sink-
ing fund shall be equal to the amount of the out-standing
debt; but the General Assembly may, without laying a tax
torrow an amount never to exceed fifty thousand dollars, to
meet temporary deficiencies in the Treasury, and may con-
tract debts to any amount that may be necessary for the
defence of the State.
Sec. 31. No extra compensation shall be granted or al-
lowed by the General Assembly to any public officer, agent,
servant, or contractor, after the service shall have been ren-
dered, or the contract entered into, nor shall the salary, or
compensation of any public officer be increased or diminished
during his term of office.
Sec. 32. No Lottery grant shall ever hereafter be authoriz-
ed by the General Assembly.
Sec. 33. The General Assembly shall pass no law, nor
make any appropriation to compensate the masters or claim-
ants of slaves heretofore emancipated from servitude, but may
distribute any appropriation made by the United States for
that purpose.
Sec. 34. No person shall be imprisoned for debt.
Sec. 35. The General Assembly shall grant no charter for
banking purposes, nor renew any banking corporation, now


 
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Proceedings and Debates of the 1867 Constitutional Convention
Volume 74, Page 109   View pdf image (33K)
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