Lancaster School District v. Robinson-Humphrey Co.

Supreme Court of South Carolina
Lancaster School District v. Robinson-Humphrey Co., 42 S.E. 998 (S.C. 1902)
64 S.C. 545; 1902 S.C. LEXIS 167
PER CURIAM.

Lancaster School District v. Robinson-Humphrey Co.

Opinion of the Court

Plr Curiam.

The sole question made in this case is whether or not, in estimating the aggregate debt mentioned in the last clause of sec. 5, of art. X., of the Constitution othis State, the State debt is to be apportioned in order to determine whether the proposed issue of bonds to the amount of fifteen thousand dollars by the Lancaster School District will exceed the “fifteen per cent, limitation” contained in said section. Upon a careful consideration of the terms of the section of the Constitution above mentioned, this Court is of opinion that, in the clause of the Constitution here in question, reference was intended only to the debts of “the several political divisions or municipal corporations” of this State “covering or extending over the same territory or parts thereof,” as the debts to be taken into consideration in determining whether a proposed issue of bonds would exceed the “fifteen per cent, limitation” prescribed in said section, and that the State debt is not to be apportioned to any such political division or municipal corporation as a part of the debt to be estimated in ascertaining whether or not such limitation has been reached. Although it is not in express terms so decided in the case of Todd v. Laurens, 48 S. C., 404, 26 S. E. R., 682, yet the question here made is in effect decided as above concluded by necessary implication from the language used by this Court in that case.

It is, therefore, adjudged, that the decree of the Circuit Court herein be affirmed.

Reference

Full Case Name
Lancaster School District v. the Robinson-Humphrey Co.
Cited By
4 cases
Status
Published
Syllabus
Municipal Bonds — Constitution—State Debt. — In estimating the fifteen per cent, limitation prescribed by the Constitution of 189s beyond which the indebtedness of a municipality or political division may not be incurred, the State debt is not to be included.