Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1857-08-01
RESOLUTION

Proposing amendments to the Constitution Of
the Commonwealth.
REsoLvsD nv rHE SENATE AND HousE or RKrRrsKS.
Arfvks OF rHK CoNMoNwKALyH OF PESNsYLvANA IN
fSERAL ASSEMBLY MKT, That the following amendments
reproposed TO the constitution of the commonwealth N
ecOrnce with the provisions OF the tenth article thereof
FIRST AMENDMENT.
There sfn be additional article to sad constitution
W DO designated as nrtice eleven, as folpws~
ARTICLE XI.
OF PUBLIC ID Il BITS.
Section 1. The state mey oonlruet debts to supply
casual deficits or failures III revenues or TO meet expenses
not otherwise provided for but the aggregate amount OF
such debts direct and contingent whether contracted by
virtue OF acts Of the general assembly or at
and fifty thousand dollars, and the money arising from the
creation of such debls shall be applied to the purpose r
which ubaned or tn repay the debts contracted
and to other purpose whatever.
Section .. In addition to the above limited power the
state may contract debts to repc nvaHo suppress nsur.
recon defend the state in war; 10 redeem the present
outstanding Indebtedness Of the state but the money aris-
Ing from the contracting of such debts shall be applied to
Section o. Except the debts above specified in sections
one and two OF this article, no debt whatever shall be
created by, or on behalf of the state
Section l. Ts provide for the payment Of the present
debt and uny additional debt contracted aoresad the
legislature shall its first session, after the adoption of
tina amendment, create sinking fund.- which shnl be
sufficient to pay the nccrueing interest on such debt nd
annually reduce the principal thereof by sum not les
than two hundred and fifty thousand dOlars which SINKS
ing fund shall consist OF the net annual income of the
public works, from time to time owned by the state or
the proceeds Ol the s2c OIL any
and OF the income proceeds of sale of stocks owned by
the s,aie together with other funds resources that
may be designated by law. The said sinking fund may
be increased from time TO time, by assigning to it any
part OF the taxes other revenues of the state not re-
qued for the ordinary and expenses Of govern
ment and unless in of war invasion or isurrectio
pat of the said sinking fund shall be used or applied
otherwise than in extngusment OF the public debt, un
I'll the of such debt is reduced below thu sum of
five millions of dollars
Section s. The credit Of the commonwealth shall not
in nny manner event. be pledged loaned to- any in
dvdual company, corporation association; nor shall
the commonwealth hercaftee become Joint owner, or
sockhuder in any company association, or corporation
Section O. The commonwealth shall not assume the
debt any part thereof any county, city, borough or
township or of any corporation, associaton unless
such debt shall have been contracted to enable the sutc to
repe invasion, suppress domestic insurrection defend It,
self in time Of to assist the state in the discharge
of any portion of its present Indebtedness.
Section T. The Legislature shall not authorize any coun-
ty cy borough, township, Incorporated district, by
virtue Of vote Of its citizens, otherwise to become
stockhoder in any company, association corporation
to obtain money r loan its credit to- any corpora
hon association, institution, or party.
SECOND AMENDMENT
There shall be Additional article to said constitution
10 b. designated as article XII, as follows: