Ex Parte Tipton v. Smith

Legge, Justice.

The essential issue here involved is whether or not a certain proposal to amend Article X, § 5, of the Constitution of South Carolina was properly submitted to the voters in the general election of November 2, 1954.

Article X, § 5, imposes two limitations upon the power of a municipal corporation to incur bonded indebtedness, vis.: (a) that its bonded debt shall not exceed eight per cent of the assessed value of all taxable property within its boundaries; and (b) that “wherever there shall be several political divisions or municipal corporations covering or extending over the…