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The Convention receives reports from the Committee on Public Debt on Propositions Number 106, 10, 11, 59, 65, 83, 122, 147, 126, and 56. The Convention considers the Committee of the Whole reports on Propositions Number 44, 75, 73, and 41. The Committee on Matters for Separate Submission presents reports on Propositions Number 26 and 27.
A PROPOSITION
No. 10.
Introduced by Mr. Cunniff, of Yavapai County.
A PROPOSITION RELATIVE TO LOANING OF THE STATE'S CREDIT.
It is hereby proposed:
No loan of the credit of the State or of the credit of any political subdivision of the State, shall ever in any manner be granted or pledged, to, or in aid of, any individual, association, or corporation.