Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1857-08-22
RESOLU UTION
Proposing amendments to the Constitution I

Proposing amendments TO the Constitution Of
the Commonwealth.
REsoLvsp ny the SENATE AND HOUSE, OF RErnrsEN-
ATivEs OF The COMMONWEALTH OF PkNNsYLvANiA IN
rNERAL ASSEMBLY MET, That the foluwing amendments
proposed tn the constitution OF the cumn iwehh, ~
ccOrdance with the PROVISIONS OF the tenth ntclethefeOi
FIRST AMENDMENT.
There shall I've an additional article TO said constitution
to be designated as article eleven, as ioIows'-
ARTICLE XI.
PUBLIC D.EBTS.
Section 1. The state may contract debts to supply
casual de6cs failures III revenues ur to meet expenses
not otherwise provided for; but the aggregate amount OF
such debts direct and contingent whether contracted by
yiiiue of acsot the general nbly or ut
and fifty thousand dollars aud the money arising irnn the
creation such d,bts, shall be applied Ia the pursefr
which obtained, or to repay the debts soconiracted
and to no other purpose whatever.
Section . in addition to the above limited power the
sinte may contract debts "a repe nvas suppress nsur-
rec NJ defend the state in war; H. redee the present
outstanding nlehedesso OF the sntt but the money arls-
ing from the contracting Of such debis shall be applied to
no other purpose whatever.
SECTION EXCEPT the debts above specified in sections
and two of thus article, debt whatever shall be
created by, or on behalf Of the state.
Section 4. 10 provide for the payment OF the present
debt aud ay additional debt contracted as aforesaid the
legislature shall its first session. after the adoption of
this amendment, create sinking fund, which shall ue
sufficient to pay the accIuelng interest On such debt, and
Annually reduce the principal thereof hy sun not les
than two hundred aud fifty thousand diinrsi which nnks
ing fund shall consist u the net annual income Of the
public works from time to time owned by the state, or
and of tc income proceeds of C OF stocks owned 10y
the state together with other funds resources that
may he designated hy law. The said sinking fund may
be increased fIom time to time, by assigning to any
part n the taxes other revenues o the st1te, not re-
qured for the ordinary aud curent expenses of govern
men and unless in of war. invasion insurecUn,
pat uf the said sinking fund shall be used or applied
otherwise than ia extnguishmcn Of the pubic debt, un
til the unt of such debt is reduced below tha sum Of
five millions Of dollars.
Scciinu s. The credit Of the commonwealth shall not
N any manner event. be pledged, loaned to- any -
dvdual, company corporation, ossnciainn; nNr shall
the commonwealth hereaitce become Joint owcr, or
stakeholder in amy company. citation. cHrrumtiur.
Section g. The commonwealth shall not assume the
debt part thereof o any county, CITY, borough or
townships any corporation, association; unless
such debt shall have been contracted to enable the state TO
repel mvasinn suppress domestic insure tO deed It
self in time nf war; to assist the state IN the discharge
Of any portion oi its present Indebtedness.
Section T. The Legislature shall authorize any coun-
ty, cy, borough township, Incorporated district, by
virtue of vote Of its citizens, otherwise, to become
s:ockhnder in any company, association corporation
obtain money for, loan its credit 10, any corpora
ton, association, institution, or party.
SECOND AMENDMENT.
There shall be additional article to said constitution
| to be designated article MI, us follows: