Page:Proceedings of the Constitutional Convention held in Denver, December 20, 1875.djvu/694

690 such fund, and the place where the same are kept or deposited, and the number and amount of every warrant received, and the number and amount of every warrant paid therefrom during the quarter. Swearing falsely to any such report shall be deemed perjury.

The Governor shall cause every such report to be immediately published in at least one newspaper printed at the seat of government, and otherwise as the General Assembly may require. The General Assembly may provide by law further regulations for the safe keeping and management of the public funds in the hands of the Treasurer, but, notwithstanding any such regulation, the Treasurer and his sureties shall in all cases be held responsible therefor.

Section 13.The making of profit, directly or indirectly, out of State, county, city, town, or school district money, or using the same for any purpose not authorized by law, by any public officer, shall be deemed a felony, and shall be punished as provided by law.

Section 14.Private property shall not be taken or sold for the payment of the corporate debt of municipal corporations.

Section 15.There shall be a State Board of Equalization, consisting of the Governor, State Auditor, State Treasurer, Secretary of State, and Attorney General, also, in each county of this State, a county Board of Equalization, consisting of the Board of County Commissioners of said County. The duty of the State Board of Equalization shall be to adjust and equalize the valuation of real and personal property among the several Counties of the State. The duty of the County Board of Equalization shall be to adjust and equalize the valuation of real and personal property within their respective Counties. Each Board shall also perform such other duties as may be prescribed by law.

Section 16.No appropriation shall be made, nor any expenditure authorized by the General Assembly, whereby the expenditure of the State, during any fiscal year, shall exceed the total tax then provided for by law and applicable for such appropriation or expenditure, unless the General Assembly making such appropriation shall provide for levying a sufficient tax, not exceeding the rates allowed in section eleven of this Article, to pay such appropriation or expenditure within such fiscal year. This provision shall not apply to appropriations or expenditures to suppress insurrection, defend the State, or assist in defending the United States in time of war.

Section 1.Neither the State, nor any county, city, town, township or school district shall lend or pledge the credit or faith thereof, directly or indirectly, in any manner to, or in aid of, any person, company or corporation, public or private, for