Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1857-10-03
RESOLUTION

Proposing amendments TO the Constitution OF
Me Commonwealth. M Id.
RRsoivrp M rur SENATE AND IIouss OF RErREsKS-
aTivgs OF rms CuMMoxwEAlTH OF PESNsYLvASiA ~
KSRRAL ASSEMBLY MRr, Thai the following amendments
rcproprsed the constitution Of the comm nwetl, ~
ccordance with the provisions OF the tenth article hereui
I FIRST AMENDMENT.
There shall be M additional article TO snid eonstitu,idn
TO be designated article eleven, as follows =
ARTICLE xT.
PUBLlC = ID Il BITS.
Section l.. The state may contract debts, 10 supply
casual deficits or failures m revenues, or tn meet expenses
not otherwise provided for but the aggregate amount ui
such debs direct und contingent whether CONTACTED by
virtue Of one ur urre uf the general assembly or nj
different periods pf time shall never exceed seven uidet
ea hy thousand d ' , na Se e aen"a u hs
which II vbnined to repay the debts 80 contracted
aud 10 no other purpose whatever. ,,...-, - a..
Section In addition to the above limited power th
may contract debts to repe nvns suppress insur
recton defend the state in war; or to redee the prese
oustnndny Indebtedness uf the state bot the money as
ing from iii. contracting of such debts shall be applied
no other purpose whatever
seetion .. Except the debts ab?ve specified, IN section
and two Of this nrticlc debt whatever shal b.
created hy, or hrlilli of the state
Section 4. re provide for the payment OF the presei
debt. and an; additional debt contracted aforesaid, tn
legislature shall at its FIRST session, after tbs adoption
this amendment, create sihking fund.- winch tiiil D
sufficient 10 pay the accrIeirg interest such debt, on
spnuslyt reice the PRINCIPAL thereof by not les
than w, hundred ,l fly thousand dollars; which sink
ing fund shall consist Of the net annual ncnme Of tn
public works. from time to time owned by the stnte,
the proceeds uf the sale OF the sane, or any part there
and of the income proceeds Of sale of stocks owned
the state together with other funds, resources ta
may be deslgiiaed hy law. The said sinking fnd I'M
be increased from time to time, by assigning TO 1t an
part uf the nxes other revenues Of the state, not re
qure for the ordinary and current expenses OF Goverr
ment, and unless in nf war, invasion 81 isrecl'
pat nf the said sinking fnud shall be used ar apple
otherwise ihan in extiyshuent Of ie public debt VI
iii The nut Of such debt is reduced below tho snin
| Ave millions uf dollars
Section s. The credit Of the commonwealth shall n
n any manner event. be pledged or loaned to- any II
dvduai company, cnrporatiun association nor shH
| the commonwealth hcreafee becine jntit owner,
srckhlder n cunpuny, association, ur chrrrat"
| Section g. The commonwealth shni not assume Il
debt, any part thereof, any cnunty city boronrh
township or nf any corpbraon, or assnclai'n; une
such debt shah have been contracted to enable the state
repel invasion, suppress domestic insure ton deicid
self IN time nf war assist the state IN the ditcart
| OF any portion of its present indebtedness
Section 7. The lcgsninre shall not anhn2e any c7u
ty, city, borough, township, or incorporated dstrlct,
virne of vote Of its ci.zss or otherwise io become
siockholier in any company, ass,ciim cnriW'iaiI
obtain money Jr, mn it's credit to, any cJrpOT
| lali, association, insi,iuiirn, or marty.
SECOND AMENDMENT.
There shall lie an ailitn, article to said sms,llao
| TO be desiguacd as article Nj, as follows: