Allen Etc. v. Van Buren Township Etc.

Dissenting Opinion

Landis, J.

— The sole question for decision in this case is whether the 2% debt limitation provided for in Article 13, §1 of the Constitution of Indiana1 is based *682upon the true cash value of the property or upon its assessed value, which is one-third of the cash value.

The question presented in this case is a matter of first impression in this state, and it is therefore appropriate for us to look to the decisions of courts of other states to ascertain how the matter has been considered in such jurisdictions.

An examination of such cases reveals that the same question here…