onging to the State, a county, or a
municipality shall be exempt from taxation; and the General Assembly may
exempt cemeteries, property held and used for educational, scientific,
literary, charitable, or religious purposes; and also personal property
of a natural person of a value not exceeding three hundred dollars
($300).

[Sidenote: Limit of rate for State and county purposes.]

[Sidenote: Limit of rate by cities and towns.]

[Sidenote: Proviso: debts heretofore contracted and taxes heretofore
authorized.]

SEC. 5. The _ad valorem_ taxes on real estate and personal property
shall not exceed for all State and county purposes sixty-six and
two-thirds (66-2/3) cents per annum on the one hundred dollars ($100)
assessed valuation of such property, unless a greater rate be approved
by a majority of those who shall vote at an election held thereon. The
_ad valorem_ taxes collected on real estate and personal property by
cities and towns shall not exceed, for all purposes, seventy-five cents
(75c.) per annum on the one hundred dollars ($100) assessed valuation,
unless a greater rate be approved by a majority of those who shall vote
at an election held thereon: _Provided_, that these limitations on the
rate of taxation shall not apply to taxes necessary to pay debts
contracted prior to the adoption of this amendment, nor to taxes
heretofore authorized by an act of the General Assembly, or by vote of
the people.

[Sidenote: Caption tax.]

[Sidenote: Application of State and county capitation tax.]

[Sidenote: Exemption from capitation tax.]

SEC. 6. The General Assembly shall provide for a capitation tax on every
male inhabitant of the State over twenty-one and under fifty years of
age, but not exceeding two dollars ($2) per annum for all State and
county purposes, and municipalities may be authorized by the General
Assembly to levy a capitation tax, but not exceeding the amount
hereinbefore authorized for State and county purposes. The proceeds
collected from State and county capitation taxes shall be applied to the
purposes of education and the support of the poor in such proportions as
the General Assembly may direct. The General Assembly may also provide
by general law for the exemption from payment of said capitation tax in
special cases on account of poverty and infirmity.

[Sidenote: Limitation of power to contract debt.]

[Sidenote: Credit of State not to be given or lent.]

SEC. 7. The General Assembly