Supreme Court of Georgia November 13, 1925, No. 4784 (Baker v. Rockdale County)

Hines, J.

1. Art. 7, see. 7, par. 1, of the constitution of this State is in part as follows: “The debt hereafter incurred by any county, municipal corporation, or political division of this State, except as in this constitution provided for, shall not exceed seven per centum of the assessed value of all the taxable property therein, and no such county, municipality, or division shall incur any