Full text: The fiscal problem in Missouri

52 THE FISCAL PROBLEM IN MISSOURI 
deserve mention as illustrating the general theory of limi- 
tations applicable in Missouri. An exception is made to the 
rule denying aid to individuals in the case of pensions to 
crippled and disabled firemen and payments for the relief 
of the widows and minor children of deceased firemen.! 
A similar exception is made in the case of the deserving 
blind.2 A third proviso® authorizes the levying of an annual 
state tax of not less than one half cent or more than three 
cents per $100 of assessed valuation for the purpose of 
establishing a pension fund for the deserving blind. 
Another section? of the constitution provides that “no 
county, township, city or other municipality shall hereafter 
become a subscriber to the capital stock of any railroad or 
other corporation or association, or make appropriation or 
donation, or loan its credit to or in aid of such corporation 
or association, or to or in aid of any college or institution of 
learning or other institution, whether created for or to be 
controlled by the State or others.” A proviso added to this 
section states that nothing contained in the constitution shall 
affect the right of any municipality to make such subscrip- 
tion, if authorized under existing laws by a vote of the people 
of such municipality prior to the adoption of the constitu- 
tion. Neither is this section to be construed so as to prevent 
the issue of renewal bonds or the use of other means pre- 
scribed by law for the liquidation or payment of such sub- 
scription or of any existing indebtedness. 
The most important constitutional limitations of the 
indebtedness of municipalities’ are found in Article X, Sec- 
tions 12 and 12a. Section 12° consists of several general 
restrictions and a number of provisos, which either authorize 
additional indebtedness in certain circumstances or pre- 
scribe further conditions that must be met. The general 
restrictions are as follows: 
1 Proviso to Article IV, Section 47, adopted in 1892. 
2 Proviso to Article IV, Section 47, adopted November 7, 1916. 
3 Adopted November 2, 1920. 
4 Article IX, Section 6. 
s City, county, town, township, school district, or other political corporation or 
subdivision. 
¢ This section in its present form is an amendment adopted Nov. 2, 1920, Section 
12 in its previous form having been repealed at that time.
	        
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