Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1857-07-25
r E SOLUTI


nepropused to the constitution of the commonwealth ~
accordance with the provisions of the tenth article thereof
FIRST AMENDMENT.
There shah be nn additional article said constitution
~ be designated as article eleven, us folowsi-
ARTICLE X1.
OF PU Liz ID Il B rs.
Section /. The state mny contract debts, to supply
casual deficits or failures IL revenues OF 20 eet expenses
such debts direct and contingent, whether contracted by
virtue OF one or more acts OF the general assembly or at
different periods of mc shall exceed hundred
and fifty thousand dollars, and the money arising from the
creation of such debts shall be applied TO the purpose for
which il obained or to repay the debts contracted
Rand to no other purpose whatever.
Section 3 In addition to the above limited power the
stae may contract debts to epcl nvnsu suppress insn
rection, defend the in war; redeem the present
outstanding Indebtedness Of the state but the money ars
ing from the contracting of such debts shall be applied To
no other purpose whatever.
secon3. Except the debts above specified, in sections
one and two OF this article, debt whatever shall be
created by, OF on behalf Of the snte ~
Section 4. Ta provide for the payment OF The present
debt and any additional debt contracted us aforesaid the
legislature sa at its first session, after the adoption n
this amendment, create snking fund, which shall be
sufficient pay the accrueag interest on such debt and
annually reduce the principal thereof by sum not less
thun two hundred and fifty thousand duas which sink
ing fund shall consist Of the net annual income of the
public works. from time to time owned by the state,
the proceeds of the sale of the same any part thereof
aud Of the income proceeds Ct sale of stocks owned by
the state together with other funds or res luces that
may be designned by law. The said sinking fund may
be increased from time to time, by assigning to 1t any
part of the xes or other revenues ot the state not re-
qure1 for the ordinary and current expenses of govern
men and unless in of war, invasion ~ insurrectl,
no pai Of the said sinking fund shall be used applied
otherwise than in extnynishmen of the public debt, u
Ill the amount of such debt is reduced below tina sum OF
five millions of dollars.
Section s. The credit OF the commonwealth shall not
in any Manner event. be pledged or loaned TO- any i-
dvdua company, corporation, OF associatnn nor shall
the commonwealth hereaftee bee me Joint owner, or
stockhuder in any company, association, corporation.
Section G. The commonwealth shall not assume the
debt any part thereof Of any county, iy borough or
township any corporation, ass )claton unless
such debt shall have been contracted to eabe the state to
rcpel INVASION suppress domestic insure ton, defend IT.
self in time Of war; assist the stat in the discharge
of any portion Of its present indebtedness.
Section l. The legislature shall not althor2e any coun-
", cy, borough township, Incorporated district by
virtue of Of its citizens, otherwise, to become
stockoler in any company, association, or corporation
obtain money for, loan its credit to, any corpora
ton, association, institution, OF party
SECOND AMENDMENT. :
There shall be an additional article to said constitution
to bo designated as article XII, us iOlOMs