No. 96. IN CONVENTION August 22, 1867. REPORT OF THE COMMITTEE ON COUNTIES, TOWNS AND VILLAGES, THEIR ORGANIZATION, GOVERNMENT AND POWERS, AS AMENDED IN COMMITTEE OF THE WHOLE, ADOPTED BY THE CONVENTION, AND REFERRED TO THE COMMITTEE ON REVISION. ARTICLE. 1 SECTION 1. The Legislature shall not hereafter pass any law 2 authorizing any county, town, city, village, municipal corpo3 ration or other territorial division to give or appropriate any 4 money or property, or to lend its credit in any way in aid of or 5 to any private person, company or corporation, or take or be 6 interested in any stock therein, except as in this Constitution is § 2. Counties, towns, and villages, shall severally possess and 2 exercise such powers of local taxation as now are or hereafter 3 may be prescribed by law. |