Hesse v. City of Watertown

I dissent. 'Under Constitution, art. 13, § 4, the city of Watertown is authorized to incur indebtedness for general purposes tO' the amount of 5 per cent of the assessed valuation of its taxable property for the year preceding that in which such indebtedness is incurred. In addition it may incur indebtedness to the extent of 10 per cent of such assessed valuation for the purpose of providing water and sewerage, and in addition. 8 per cent of such assessed valuation for the purpose of constructing electric light or other lighting plant. The additional indebtedness authorized for water and…