The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1854-08-03

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SrcrioN 1. Rssblutd 81 lks Ssnaie md
House Of Representatives. of ne comnaoaSsdtLl.
| Of Pe,,nsulrania II General Asssm6t we,
fha, the ioliowins amendments be aud the
same are hereby proposed to the SConstitu-
| tion Of the Commonwealth, u1des shd in
| accordance with the provsicns Of the tepth
article thereof, 10 Wit: ss
PROPOSITION \, ra BE AhrIclEIxI,
SECTION 1, The aggregate amount or
ders hereafter contracted BY the Common.
v ealh shall never exceed The SUM OF five
hundred thousand dollars, except in case of
war 10 repel invasion, suppress insurreclion,
or to redeem the public debt of the Com.
4 monweai;h, and the money so raised shall
be applied to the purpose Tor which .he debt
may be contracted, or pay such debts, and
TO no other purpose.
SEC. Q. To pay the public debt OF the
| Commonwealth and debts which may here
afier be contracted in case OF war TO repsl
Invasion, suppress insunection and 10 re-
deem the public debt, the Legislature shall
at their next session after the adoption OF
this section into the Constitution, provide by
law for the creation Of sinking fund, which
shall not be abolished I'LL the said public
debts ba wholly paid, to consis Of all the
asi annual income from The public works
and sock ownsd By the scsaanouws sai,lS or
any other funds Arising under any revenue
| law now existing or that may be hereafter
enacted, so far as the same may be required
10 pay the interest OF said debts semi -annu.
aly, and annually TO reduce the principal
thereof by sum no, less Than five hundred
Thousand dollars, increased yesrly by com.
pounding at a rate of uot less than five pei
centum per annum the said siuking fund
stail be invested in the loans Of the Com
monweaiih, which shall be cancelled from
time TO time in a-maaner 10 besprovlded by
law: no,porIioa Of the sinking fund shall
ever be applied to the payment OF the debt
of five hundred thousand dollars mentioned
in the first section Of this article, but the
said sinking faud shall be applied only 10
the purposes herein specified.
SEC. g. The credit of the Common.
wealth shalt not in any way be Civ en- or
loanedt 10 or in aid OF any iudIviduab com
| pauy, corporation or association, nor shall
the Commonwealth hereaitet become. a
JOINT owner or siockholder in any company,
| association or corporation m the Common
wealth OF elsewhere, formed for any pnrpo-
| ses. - e 2 zysi}s
| SEC. A. The Commonwealth shall never
assume the debts Of any county, city, ~bor-
-Uu2n UT toWtehipy VI "a uuY COfpptahou VI
assoc iation, unless such debts shall have
been CONTACTED to repel invasion, suppress
insurrec,ion, OF 10 defend the State in war.
PROPOSITION 2, TO BE ARTICLE xI.
i Prohibiting Mamieipai Subscriptions.
The Legislature shall never authorize any
county, city, borough or township, by vote
of its citizens or OF herwise, TO become a
stockholder in any joint company, associa
ton or corporation, or TO raise money for OF
loan lis credit to- OF i'll aid of any such com.
pany or association,
E. D CHASE,
Speaker Of the House Of Representatives.
Nj. M,CASLIN,
Speaker of The Senate.
Il. IT, Sepaie, April 28, 1854.
Resolved, that thus resolution pass. Yeas
| %, nays 6.--Ex,ract from the Journal
+. a. MAGUIRE, Clerk.
In House of f-nepvssevss.ises, ,Aa,s.l ~ ,-ts5i
Resolved, That this resolution pass. Yeas
II. nays pO.--Exract from the Journal.
VIM. JACK, Clerk.
SEcRErARy's OFFICE,
Filed April 90; 1854. 4
c. 4. BLACK,
Secretary of ihe Commonwealth.
/ pENNgVI U4NII.e &C