New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1852-08-12

And motion the article adopted without
ment.
Mr. Farmer offered the following additional article to
be inserted under the head of Internal Improvement
to-wit:
The swamp lands each stream shall be exclusively
appropriated for the benefit of such stream unless after
examination by competent engineers it be found mprac-
: ticable to reclaim the lands thereon
Mr. Roman moved to lay the above article on the table
e which motion prevailed.
Mr.. Benjamin. behalf Of the Committee on Style,
submitted the following report which being read was
1 motion, adopted, towt
The Committee on Style report the following revision of
the articles in Title VI, General Provisions:
113 The State shall not subscribe for the stock
make loan pledge its faith for the benefit of any
corporation or joint stock company created established
for banking purposes for any other purposes than
f those described in the following article.
ia The Legislature shall have power to grant aid to
companies or associations of individuals formed for the
exclusive purpose Of making works Of internal improve
men wholly partially within the State to the extent
only of oneh Of the capital of such companies by sub
scrptons of stock or loan of money public bonds but
aid thus granted shall be paid to the company only
in the proportion the remainder of the capital
shall be actually paid in by the stockholders Of the
pany and in of oan such adequate security shall
be required as to the Legislature may proper
No corporation individual association receiving the
aid the State herein provided shall possess banking
or discounting privileges
115 No liability shall be contracted by the State as
above mentioned the be authorized by some
law for single object work, which shall be dis
tincty specified therein which shall be passed by ma
oy the members elected both houses of the Gene
raj Assembly, and the aggregate amount of debts and
liabilities incurred under this and the preceding article
shall any time exceed the of eight mil
lions Of dollars.
116 Whenever the Legislature shall contract debt ex-
ceedng in the of hundred thousand dol
lars unless in of to repel invasion suppress
nsurrection they shall in the law creating the debt pro-
vide adequate ways and for the payment of the
current interest and of the principal when the shall
/. become due
And the said law shall be irrepealable until principal
and interest fully paid and discharged unless the
repeating law contain other adequate provision for
the payment of the principal and interest of the debt
The committee further recommend that the additional
article offered by Mr. st Paul be added to the end of
article 100 the word and being put the beginn ng
and the words article 100 being changed into this
article
The committee suggest other changes in this Title
| Signed j. P. BENJAMIN, Chairman
Mr., Key then moved that the Convention should now
to take into consideration the report of the
jorty of the Committee Public Education which mo-
tion prevailed.
On the report of the majority of the Committee being
read as follows, to-wit:
!, TITLE VII.
l EDUCATION
Article - The General Assembly shall establish free
Public Schools throughout the State and shall provide
their support by general taxation property other.
WISE and all moneys raised provided shall be dis
trbuted to each Parish in proportion the number
between such ages shall be fixed by the Gen.
eral Assembly.
Art The proceeds of all lands heretofore granted
schools and which may hereafter be granted
bequeathed to the State and expressly granted
oequeathed for other purpose which hereafter
be disposed of by the State and the proceeds of the
Of deceased persons to which the State may be-
entitled by law shall be held by the State as loan
and shall be and remain perpetual fund which the
State shall pay annual interest of six per cent which
interest together with the interest trust funds de-
posted with this State by the United States under the
act of Congress approved June 23 1886 all rents
Of the nnsod lands shall be appropriated the
Of such schools and this appropriation shall remain in
j, violable.
All moneys arising from the sales which have BEEN OF
may hereafter be made of any lands heretofore granted
by the United States to this State for the use of Sem
mary of Learning and from any kind of donation thai
may hereafter be made for that purpose shall be and re
main perpetual fund the interest of which at six pei
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