Democrat and sentinel. [volume] (Ebensburg, Pa.) 1853-1866, 1854-08-24
By AUTHOR RITY

Resolutions proposing Amendments 10 the Con-
stitution of the Commonwealth
SECTION l. Resolved by the Senate and House
of Representatives of the Commonwealth of Penn
sylvania in General Assembly met, that the fol
lowing amendments be, and the same are hereby
proposed to the Constitution of the Common
wealth. under and in accordance with the provi-
sions of the tenth article thereof, to wit:
PRoPosITIoN l, TO BE ARTICLE XI.
SEC. /. The aggregate amout of debt hereafter
contracted by the Commonwealth, skall not ex-
coed the sum of five hundred thousand dollars, eX
cept in case of war TO repel invasion suppress in
surrection, to restore the public debt of the
Commonwealth, and the money SO raised shall be
applied to the purpose for which the debt may
be contracted, pay such debts, and to no other
purpose.
SEC 2 To pay the public debt of the Com
monweath. and debts which may hereafter be
contracted in Of war to repel invasion, sup
press insurrecton, and to redeem the public debt,
the Legislature shall their next session after the
adoption of this section into the Constitution, pro
vided by law for the creation of a sinking fund,
which shall not be abolished tilt he said public
debt be wholly paid, to consist of all the net an
nual income from the public works and stocks
owned by the Commonwealth, 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 to pay the interest of said debts
semi annually and annually to reduce the prlnc-
pal thereof by sum not less than tive hundred
thousand dollars, increased yearly by compound
ing at rate of not less than FIVE per centum per
annum; the said sinking fund shall be invested
in the ioans of the Commonwealth, which shall
be cancelled from time 10 time in a manner to be
provided by law; no portion 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
fund shall be applied only to the purposes herein
specified;
SEC. 8. The credit of the Commonwealth shall
not in anv way be given or loaned to or in aid OF
any individual, company, corporation, or assocla-
! ton nor shall the Commonwealth hereafter be
come a Joint owner or stoczholder in any company
| association or corporation in the Commonwealth
or elsewhere formed for any purposes.
| SEC T. The Commonwealth shall never as
| sumo the debts of any county, city, borough or
township or of any corporation or association,
unless such debts shall have been contracted to
repel invasion, suppress instruction, or to defend
| the State in war.
PROPOSITION 2. TO BE ARTICLE XI.
Prohibiting Mmicipel Subscriptions
The Legislature shall never authorize any ooun-
tv. CITY. borough or township, 10y vote of its citi
! zens or otherwise to become stocilholder in any
! Joint stock company, association or corporation
or to raise money for, loan its credit to, or IN
aid of any such company or association;
| Z. B. CHASE,
/ Speaker OF the House Oi IeiiTtsStllJlIlNeS-
| NJ. McCASLIN,
Speaker OF the Senate.
In Senate, April %, 1854.
Resolved. That this resolution pass. Yeas %,
! nays 5. Extract from the Journal.
/ T. 4. MAGUIRE, Clerk.
In the House Of Reps, April 2l, 1854.
Resolved. That this resolution pass. Yeas 2l,
nays 20. Extract from the Journal or ~,
| nc,.o ell ,,.l 1874
| G. a. BLACK,
Secretary Of the Commonwealth.
LIN ~ SEoRErAaY's OFFICE,
Harrisburg, July l, 1854 J
I do certify that the above and fore
| SEAL. going is true and correct copy Of th'
| 49, original Resolution" relative to an
| amendment of the Constitution" as the same re
| mains on file in this office,
| In testimony whereof I have hereunto set m.
hand and caused to be affixed the seal of the Sc
cretarys office, the day and year above written
G. A. BLACK,
Secretary of the Commonwealth.
---- Journal Of the Senate.
:. Resolution No. 562, entitled Resolution pr'
nosinp amendments to the Constitution of Il
CommonweaIth.' was read third time. On Il
question will the Senate agree to the hrat prop
| sition the yeas and nays were taken, agrCeah
tn the Constitution. and were as follows, viz:
YEAs-Messrs Buckalew, Darlington, Darsi
Ferguson. FouIkrod. Frick, Fry, Goodwin, Ha
l 1eman, Hamilton, B. D. Hamlin, E w Hamli
5 Heister, Hoge, Janison, McClintock. M'Farlan
Piatt. Ouiggle, Sager, ,Slifer, and McCasln, ,Spea
: er-23.
NAYs-Mcssrs Crabb, Creswell, Hendricl
: Kinzer. Kunllle and Skinner-5.
So the question was determined in the affirm
tive.
: On. the question, viii the Senate agree to t
second proposition, the yeas and nays were tax
: acrceably to the Constitution, and were as {
lows, viz:
YEAs-Messrs; Buckalew. Darsie, FcrgusC
Foulkrod, Fry. Goodwin. TIaldeman, b. d. Ha
lin. E.W. Hamlin, Hondricks, Hester Hoge,J