Indebtedness Sentence Examples
Table B shows the total indebtedness of the Ottoman Empire, exclusive of tribute loans.
In addition to the indebtedness of the national government, the individual states have also incurred funded debts of their own.
The problems particularly of the primitive history were first brought into clear light by him, and all subsequent work upon the subject must acknowledge its indebtedness to him.
In each city incorporated after its adoption, the Constitution requires the election in each of a mayor, a treasurer and a sergeant, each fora term of four years, and the election or appointment of a commissioner of the revenue for an equal term; that in cities having a population of 10,000 or more the council shall be composed of two branches; that the mayor shall have a veto on all acts of the council and on items of appropriation, ordinances or resolutions, which can be overridden only by an affirmative vote of two-thirds of the members elected to each branch; and that no city shall incur a bonded indebtedness exceeding 18% of the assessed value of its real estate.
In 1907 the total bonded debt of the state was $393500; the General Assembly in 1906 authorized the issue of $900,000 worth of bonds to fund outstanding military certificates of indebtedness incurred in suppressing insurrections at Cripple Creek and elsewhere in 1903-1904.Advertisement
To national debts there has been added a great mass of municipal and local indebtedness, which seems likely to equal, or even exceed in magnitude the liabilities of the central governments.
At the same time the internal debt was 107,000,000 pesos (0,025,000), which increases the funded indebtedness to £29,725,000.
Year by year Republican- the budget showed a deficit, and the indebtedness ism and of the state increased.
The Relic conveys the impressions of a journey in Palestine and in parts suggests his indebtedness to Flaubert, but its mysticism is entirely new and individual; while the versatility of his talent further appears in The Correspondence of Fradique Mendes, where acute observation is combined with brilliant satire or rich humour.
Toward corporations the policy of New Jersey has always been liberal; there is no limit fixed either to capitalization or to bonded indebtedness; the tax rate, as already indicated, is lower for large than for small corporations; and so many large combinations of capital have been incorporated under the laws of the state that it is sometimes called " ` the home of the trusts."Advertisement
At the close of the fiscal year 1907 the state was free from bonded indebtedness, 5 and had a balance on hand of $1,320,038 (much less than in 1906, because of the non-payment of railway taxes, pending litigation).
But the state was authorized by an amendment adopted in 1868 to issue bonds for the reimbursement of the expenses incurred by its cities, towns, and plantations on account of the Civil War, and these bonds, with those issued by the state itself during the Civil War, constituted the largest part of the state's bonded indebtedness.
The tax rate for separate indebtedness varied from 6 mills in Allegheny to 16.2 mills in the 43rd ward.
Every citizen of the United States, male or female, twenty-one years old or over, who has lived one year within the state, four months within the county and sixty days within the precinct has the right of suffrage, except that idiots, insane, and those convicted of treason or crime against the elective franchise are disfranchised; but in elections levying a special tax, creating indebtedness or increasing the rate of state taxation, only those who have paid a property tax during the preceding year may vote.
The state assumed the Territorial debt of $700,000, and has added to it a bonded indebtedness of $200,000; the bonds, formerly 5%, have been refunded at 31 and 3%.Advertisement
A small debt 2 (at the close of 1906, $4,398,839) is carried in the form of non-negotiable state certificates of indebtedness issued in exchange for money taken from the educational funds of the state, and is intended as a permanent obligation to those funds.
In financial matters Colombia is known abroad chiefly through repeated defaults in meeting her bonded indebtedness, and through the extraordinary depreciation of her paper currency.
His administration was marked by a strong effort to place the financial position of the government on a more satisfactory footing, and the internal indebtedness was substantially reduced during his rule.
At the end of 1905 the total indebtedness of the municipalities was £5,775,420, and the value of assessed property within the municipal bounds £ 53,948,224.
At the close of the year 1907 the state was free from bonded indebtedness; receipts into the treasury during the year were $2,851,471, and the expenditure was $2,697,645.Advertisement
In 1909 the assessed valuation, real and personal, was $52,180,789; the tax levy was $677,411; and the city debt was $4,399,4 00 (exclusive of $1,528,000, the bonded indebtedness of the city schools).
In the same year a law was passed requiring that any corporation acting as a common carrier in the state must receive the permission of the state board of railway commissioners for the issue of stocks, bonds or other evidences of indebtedness.
To prevent such extravagant expenditures for internal improvements as had brought disaster to Michigan and other states, the framers of the constitution of Wisconsin inserted a clause limiting its aggregate indebtedness to $100,000 for all purposes other than to repel an invasion, to suppress an insurrection or for defence in time of war, and the state is free from debt with the exception of that contracted on account of the Civil War.
A constitutional amendment, adopted in 1874, limits the indebtedness of each county, city, town, village and school district to 5% of the value of its taxable property.
It is not altogether scientific, since the Lydians (Lud) and Elamites are included among Shem's "sons," apparently on account of their geographical position or because of their indebtedness to Assyrian culture.Advertisement
His indebtedness to Luther is of course great, but his spiritual kinship with Martin Bucer of 1 This edition forms a small 8vo of 514 pages, and 6 pages of index.
Emergency assessments, not to exceed 2%, may be made whenever necessary to pay in full the depositors in an insolvent bank; if the guaranty fund is impaired to such a degree that it is not made up by the 2% emergency assessment, the state banking board issues certificates of indebtedness which draw 6% interest and which are paid out of the assessment.
The aggregate amount of indebtedness which the state may have at any time is limited by the constitution to $400,000, save when borrowing is necessary to repel an invasion, suppress an insurrection or defend the state in war.
George Bancroft was the first to point out that there is small evidence that Hamilton ever really appreciated Washington's great qualities; but on the score of personal and Federalist indebtedness he left explicit recognition.
The outstanding loans of municipalities amount to £697.133, of which the greater portion is represented by the indebtedness of the two chief cities, Hobart and Launceston.
The net proceeds of the sale will be used to repay indebtedness.
Mention of Sir Walter leads me to acknowledge the indebtedness of the Church to Scott.
They have played a leading role in creating the insoluble indebtedness of the Third World.
Michael Tippett, Benjamin Britten and Peter Maxwell Davies are among those who have expressed indebtedness to Purcell's musical genius.
The net proceeds from the sale will be used to reduce the indebtedness of the Company.
Fifteen years ago, its net foreign indebtedness was zero.
The total indebtedness of the union in respect of the various facility agreements we have with Unity Trust Bank is now £ 3.7 million.
In the context of rising concerns about personal indebtedness, our reviews have suggested ways in which the Code could be strengthened.
This is because such indebtedness does not normally constitute a security.
This causes further indebtedness which is particularly unsustainable for the poorest countries.
Notwithstanding the recent rise in bank borrowing by SMEs, the net bank indebtedness of the SME sector has continued to fall.
Working Paper No 277 When is mortgage indebtedness a financial burden to British households?
The proceeds of the issue will be used for refinancing existing short term indebtedness.
By 1992 world indebtedness exceeded even the total gross domestic product of the richest (OECD) countries.
We may define these courses by the terms esoteric and exoteric - the former the philosophy of the school, cultivated principally at the universities, trying to systematize everything and reduce all our knowledge to an intelligible principle, losing in this attempt the deeper meaning of Leibnitz's philosophy; the latter the unsystematized philosophy of general culture which we find in the work of the great writers of the classical period, Lessing, Winkelmann, Goethe, Schiller and Herder, all of whom expressed in some degree their indebtedness to Leibnitz.
His ideas and experiments on the nature of minerals and other substances are voluminously set forth in his Physica Subterranea (Frankfort, 1669); an edition of this, published at Leipzig in 1703, contains two supplements (Experimentum chymicum novum and Demonstratio Philosophica), proving the truth and possibility of transmuting metals, Experimentum novum ac curiosum de minera arenaria perpetua, the paper on timepieces already mentioned and also Specimen Becherianum, a summary of his doctrines by Stahl, who in the preface acknowledges indebtedness to him in the words Becheriana sunt quae profero.
Even if it could be shown that the Pentateuchal regulations were universally observed in Israel from Mosaic times, it would not preclude a certain indebtedness to Babylonia for at least the germ of the institution.
About 1850 there began to appear on the statute books laws requiring publicity of rates and the submission of annual reports to the legislature, prescribing limits to corporate indebtedness, and also making provision for safety in operation and for the character and quality of railway service.
At the close of the Republican regime in 1876 its total indebtedness was $2,631,704.24, of which $814,743 belonged to the Chickasaw fund (see above) and $718,946.22 to the general school fund.
Its principle was exactly house, that of the clearing houses used by the railways and the oat to n nk an d banks, the cancellation of indebtedness and discharge periodic s i mply of balances.
And there is this to be said that idolatry may be an outward symbol of a real indebtedness to idolaters which is not necessarily wiped out when the tangible idols are smashed.
Set a goal for repaying the cash advance so that your indebtedness and interest rates don't snowball.
Almost immediately after the "King of Pop's" passing, speculation arose regarding the true amount of his indebtedness.
In 1896 a bill was passed by congress, which authorized the state by the issue of national bonds to assume the provincial external indebtedness.
The bulk of this indebtedness has been contracted for the purpose of constructing railways, tramways, water-supplies, and other revenue-producing works and services, and it is estimated that only 8% of the total indebtedness can be set down for unproductive services.
Other principal sources of income are excise taxes, a general property tax, an inheritance tax and a tax on insurance premiums. For the fiscal year ending June 1909 the net income of the insular government was $3,180,111.75 and the net bonded indebtedness was $3,759,231.22.
The natural result of such a regime is increasing indebtedness.
This contract relieved Peru of its crushing burden of foreign indebtedness, and turned an apparently heavy loss to the bondholders into a possible profit.
The state has no bonded debt, and the constitution forbids it to incur debts exceeding in the aggregate a quarter of a million dollars, except for warlike purposes or for some single work to which the people give their consent by vote; the constitution also forbids any county or municipal corporation from incurring an indebtedness exceeding 5% of the value of its taxable property.
The state had a bonded debt in 1909 of $384,000, authorized by popular vote in November 1908; by the constitution the aggregate indebtedness of the state was limited to $100,000 except in case of war, invasion or insurrection, or in case a measure authorizing a greater indebtedness should be submitted by the legislature to the electorate and should receive a majority of the votes cast.
Local indebtedness is limited to 5% of the assessed value of the local property, but incorporated cities may by special vote increase this limit.
To meet the interest, such heavy taxes were levied that anti-tax associations were formed to resist the collection, and in 1842 the state failed to pay what was due; but the accumulated interest had been funded by 1848 and was paid soon afterwards, the expenses of the government were curtailed by the constitution of 1851, and after the Civil War the amount of indebtedness steadily decreased until in 1902 the funded debt was $6,909,326 and the net debt only $2,797,269.13, while on the 1st of October 1908 the net debt was $366,643.91.
Megillath Esther, dating, to judge from its indebtedness to Josippon (the pseudo-Josephus), after 10th century.
The public indebtedness of Mexico includes a foreign debt payable in gold, an internal debt payable in silver, and a floating debt covering unpaid balances on appropriations, unpaid interest, and other credits and obligations.
The paper money issues are by banks and not by the government, and the national treasury keeps no cash in its vaults and has no sinking funds to offset this indebtedness.
According to Matias Romero (Mexico and the United States, 1898), a new type of indebtedness was inaugurated in 1850, in the shape of an internal debt payable in silver.
During that war the state incurred an indebtedness of about $4,236,000; this it reduced to $2,205,695 in 1872, and then assumed the war debt of the towns and cities, making its total indebtedness again $4,138,124.
When, however, we turn to the numerous fragments of authentic Manichaean liturgies and hymns lately discovered in Turfan in East Turkestan, Mani's direct indebtedness to the cycle of Magian legends rather than to Chaldaic sources (as Kessler argued) is clearly exhibited.
The crisis of 1837, and the financial difficulties ensuing, created indebtedness, fluctuating in amount, which at the beginning of the war with Mexico was about 16 millions.
These figures are of gross indebtedness.
But, while he fully recognized his indebtedness to his master, he differed from him profoundly in one fundamental respect.
Motley acknowledges his indebtedness to Groen's Archives in the preface to his Rise of the Dutch Republic, at a time when the American historian had not yet made the acquaintance of King William's archivist, and also bore emphatic testimony to Groen's worth as a writer of history in the correspondence published after his death.
The guarantee debt due to the Paraguay Central railway exceeds £1,500,000; and the total indebtedness of the republic on the 31st of December 1908 may be estimated at £7,650,000.
They owe not a little to Descartes, for Pascal's indebtedness to his predecessor is unquestionable from the literary side, whatever may be the case with the scientific. But Descartes had had neither the opportunity, nor the desire, nor probably the power, to write anything of the literary importance of the Provinciales.
The book shows signs of his indebtedness to Joachim Jung of Hamburg, who had died in 1657, leaving his writings unpublished; but a MS. copy of some of them was sent to Ray by Samuel Hartlib in 1660.
From 1897 to 1903 the efforts of the Street Railway Companies of Chicago to extend their franchise, and of the city of Chicago to secure municipal control of its street railway system, resulted in the statute of 1903, which provided for municipal ownership. But the proposed issue under this law of bonds with which Chicago was to purchase or construct railways would have increased the city's bonded indebtedness beyond its constitutional limit, and was therefore declared unconstitutional in April 1907 by the supreme court of the state.
The general conclusion of the Famine Commission of 1901 was that " except in Bombay, where it is full, the incidence of land revenue is low to moderate in ordinary years, and it should in no way per se be the cause of indebtedness."
In 1909 the receipts were $22,739,000, the expenditure $23,337,000, and the total bonded indebtedness $16,000,000.
Mathematical knowledge is not involved in the same condemnation, solely because of the " archetypal " character, which, not without indebtedness to Cumberland, Locke attributes to its ideas.
Wyoming entered the Union with a bonded indebtedness of $320,000.
The writer desires to express his indebtedness to Mr Israel Abrahams for bibliographical and other suggestions.
During the same period the assumption of the Venetian and Roman debts, losses on the issue of loans and the accumulation of annual deficits, had caused public indebtedness to rise from 92,000,000 to 328,000,000, no less than f 100,000,000 of the latter sum having been sacrificed in premiums and commissions to bankers and underwriters of loans.
At the same time the chief lines of railway which had been built by public companies with a state guarantee, and which represented a loss to the empire of £3,171,250 per annum, as well as a growing indebtedness, were bought by the state.
Thus, in any estimate of the influence of Babylonia upon the Old Testament, it is obviously necessary to ask whether certain features (a) are of true Babylonian origin, or (b) merely find parallels or analogies in its stores of literature; whether the indebtedness goes back to very early times or to the age of the Assyrian domination or to the exiles who now returned.
The purchase of guaranteed railways owned by foreign companies likewise added largely to the bonded indebtedness, though the onus was in existence in another form.
In gold, 19,053,861 r (say) Floating indebtedness (a/es current, bills, &c.) Total, not funded, approx.
In spite of his indebtedness to Caesar, Lentulus joined the Pompeians on the outbreak of civil war (49).
The constitution limits the indebtedness of a county to 5% of the value of its taxable property and that of a city, town or school district to 3%, except that the question may be submitted to a vote of the tax-payers affected when it is deemed necessary to construct a sewerage system or procure a water supply.
There is a small nominal indebtedness, less than the cash surplus in the treasury.
The state debt, excluding the amount of Territorial indebtedness assumed when Dakota Territory was divided, may not exceed $200,000.
From 1820 to 1836 Maryland, in its enthusiasm over internal improvements, incurred an indebtedness of more than $16,000,000.
Since 1870 the national census office has determined several times the aggregate indebtedness of the national, state and other local governments.
The indebtedness of a county, municipality or school district is limited to 5% of the value of its taxable property.
Franklin, besides, was constantly called upon to meet the indebtedness of Lee and of Ralph Izard (1742-1804), and of John Jay, who in Madrid was being drawn on by the American Congress.
Considering, then, his other differences from Anabaptist theories, and the absence of any hint to the contrary in his own autobiographical references, " it is safe to affirm that he had no conscious indebtedness to the Anabaptists " (Williston Walker, Creeds and Platforms of Congreg., New York, 1893, p. 16).
The total bonded county indebtedness was $4,879,600 in 1906 (not including that of San Francisco, a consolidated city and county, which was $4,568,600).