The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1857-07-29
OF PUBLIC DEBTS.

OF PUBLIC DEBTS.
SEC I. The state may contract debts, 10
supply casual deficits or failures in revenues,
OF % meet expenses moi otherwise provided
for; but the aggregate amount of such debts
direct and contingent, whether con 'racied by
whine of one or more acts of the general as
sembly, or al different periods OF time, shall
never exceed seven hundred and fifty thou
sand dollars, and the money arising from the
creation Of such debts, shall be applied 10
the purpose for which il was obtained or 10
repay the debts so contracted, and 10 no oIher
purpose whatever.
SIC. 2. In addition 10 the above limited
power the stale may contract debts 10 repel
invasion, suppress iDsurrectlon, defend the
state In war, or 10 redeem The present out.
landing indebtedness OF the state; but the
money arising from The contracting OF such
debts, shall be applied 10 the purpose for
which II was raised, or 10 repay such debts,
and TO no other purpose whatever.
SEC. 8. Except the debts above specified
In sections one and two of this article, no
debt Whatever shall be crealed by, or on be-
half of the Stale.
SEC L. To provide for the payment of
the present debt, ard any additional debt
contracted as eforesaid, the Legislature shall,
OF It's first session, afer ihe adoption of this
amendment, create a sinking fund, which
shall be sufficient to pay The accruing inter-
est on such debt, and annually 10 reduce The
principal iheteol by a sum not less than two
hundred aud fifty thousand dollars which
sinking fund shall consist lthe mel annual in
come of the public works, from time 10 lime
owned by the stale, or the proceeds OF the
sale of the same, or any part thereof, and
al The income or proceeds oil sale OF slocks
owned by the slate, together with other
funds, or resources, that may be designated
by law. The said sinking fund may be in
creased, from time to time, by assigning 10
it any part OF the taxes, or other revenues OF
the State, NOT required for the ordinary and
current expenses Of government, and unless
in case of war, invasion or insuueclion, no
part Of said sinking fund shall bs used or
applied otherwise than in extinguishment of
the public debt, until ihe amoun. of such
debt is reduced below the sum OF five mil
lions of dollars.
SEC. 5. The credit Of The commonwealth
shall not in any manner, or event, be pledg-
ed, or loaned to, any individual, company,
corporation, or association; nor shall the
commonwealth hereafter become joint
owner, or sloekholder, in any company, as
socialior, or corporation.
sume the debt, or any part thereof, of any
county. city, borough, or township; or Of any
corporation, or association; unless such debt
fhall have been contracted 10 enable the
<taie 10 repe invasion, suppress domestic
.nsuneclion, defend itself in time OF war, or
10 assist the state in the discharge of any
portion of its present Indebtedness.
SEC. Z. The legislature shall pot authorize
any county, city, borough, township, or in.
corporation district, by virtue of a vote of its
citizens or otherwise, to become stock
holder in any company, association, or cor
poration; or 10 obtain money for, or loan its
credit to, any corporation, association, insti-
tuiioD, or party.
-- SECOND AMENDMENT.
There shall be an additional article 10 said
constitution, 10 be designated as article XII,
as follows:
ARTICLE xu
OF NEW COUNTIES.
No county shall be divided By line cut
ting off over one tenth of its population, (eith-
er 10 form a new county or Otherwise with
out the express assent Of such county, by a
vote of The electors thereof; nor shall any
new county be established, containing less
than four hundred square miles.
THIRD AMENDMENT.
From section two of the first article OF the
constitution, strike out the words, ssof The city
of Philadelphia, and of each county respec-
lively" from section FIVE, same article,
strike out the words, "of Philadelphia and of
the several countess" from section seven,
same article, strike out the words, "neiiher
the city Of Philadelphia nor any," and insert
in lieu thereof The words, "snd no." aud
strike out ''seciion four, same Article" and in
lien thereof iusert the following:
"SEc. A. lnihe yeor one thousand eight hum
dred and sixiy-four, and in every seventh
year thereafter. representatives 10 The num-
ber Of one hundred, shall be apporlionsd and
distributed equally, throughout the state, by
districts, in proportion to the number of tax.
able inhabitants in The several parts thereof;
except that any county containing al least
three Thousand Eve hundred iaxabIes, may
be allowed a separate representation; but no
more than three cour.ies shall be joined, and
no county shall be divided, in the formation
of district ANY city containing suflic.
ent number of iaxables 10 enii;le IT 10 al
least two representatives, shall have sepa-
rate representation assigned IL, and shall be
divided into convenient districts of con,igu-
Gus territory, of equal taxable population as
near as may be, each OF which districts
shall elect one representative"
AT the end of section seven, same article,
insert these words, "the city OF Philadelphia
shall be divided into single senatorial dis.
tricls, Of contiguous territory as nearly equal
in taxable population as possible; but no
ward shall De divided IN the formation there
Off
The Legislature, at It's first session, after
the adoption of this amendment, shall di-
vide the city of Philadelphia into senatorial
and Representative districts, in The manner
above provided; such districts to remain un-
changed until The apporIionmeni in The year
one thousand eight hundred and sixty-fou;.
FOURTH AMENDMENT.
There shall be an additional section 10 The
first article of said constitution, which shall
be numbered and read as follows:
SEC. 26. The legislature shall have the |
power TO alter, revoke, or annul, any charter
Of incorporation hereafter conferred by, or
under, any special, o, general law, wheney-
81 in their opinion il may be injurious 10 the |
citizens of The commonwealth; in such man |
ner, however, that no injustice shall be done
10 the corporators.
In Senate, March 27, 1857.
ResolUed, That this resolution pass On the |
FIRST amendment, yeas "a, nays 4 on the |
second amendment, yeas 90, nays g; ON The |
third amendment, yeas "a, nays 4; on the |
fourth amendment yeas 90, nays a.
lExtraci from the Journal1
GEO. W. HAMERSLY, Clerk.