Sentence Examples


  • The indebtedness of a county, municipality or school district is limited to 5% of the value of its taxable property.
  • 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.
  • The Italian local authorities, communes and provinces alike, have considerably increased their indebtedness since 1882, The ratio of communal and provincial debt per inhabitant has grown from 30.79 lire (~1, 4s.
  • 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.
 

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