27 N.J. Eq. 293 | New York Court of Chancery | 1876
The bill was filed on the 27th of December, 1875, for an injunction to restrain the municipál corporation of Camden from increasing the debt of the city by contracting in its name and on its credit, for the erection of a fence around the city hall, or for the furnishing that building, or for the purchase of a tower clock therefor, and from giving any evidence of debt, in its name, to any person or persons on account of any contract made in pursuance of certain resolutions of the city council, passed on the 27th of October, 1875, authorizing the city hall building committee to purchase the furniture and clock, and to advertise for proposals, and award contracts to the lowest bidder for the building of the fence. The first section of the supplement of 1873 to the charter, (Pamph. D.,, 1873, p. 344,) provides that the city council shall not have-power to raise by loan, in any year, a greater sum than $25,000, and shall not have power to increase the debt of the city beyond $1,000,000. The second section provides that they shall, during the month of June in each year, or as soon thereafter as possible, make the annual appropriations for the different departments of the city, and that no appropriation shall be exceeded, nor work contracted for or materials ordered, nor proposals asked for either work or materials,, unless the cost thereof can be paid out of the appropriation of' the year, unless in cases of extreme emergency, and then only by a vote of .three-fourths of the members of the city council - The bill states that, at the time of the filing thereof, the debt exceeded $1,000,000; and that the council did not, during-the year previous to the passing and adoption of the resolutions above mentioned, make any appropriation for any department of the city which included the expenditure thereby contemplated; and that the furnishing and improvement of the city hall, as provided by the resolutions, were not, when the resolutions were passed, and have not been since then, a case of extreme emergency within the meaning of the supplement ; and that the resolutions were not passed by a three-