Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1872-08-27
NeeC Advertisements.


DY THE GOVERNOR-A PROCLA.
I'D MATION.-The Executive having receiv-
ed from the Secretary of the Commonwealth an
official copy of the certified statement made by
the Board of State Canvassers at their meeting
the End day of August 1872, showing the whole
number of votes given at the election held on
the fourth Thursday in May last on the question
of striking out or not striking out the Usury
clause in the Constitution, doth hereby. in ODE
dience to law, make proclamation that there were
cast ~ B. IT,
For striking out the Usury clause in the Con-
stitution: Forty thousand one hundred and six
ty-six 40, 1861 votes. 5s
Against striking out the Usury clause in the
Constitution: Twenty-o ne thousand three hun
bred and twenty-six (21, 326) votes
And it appearing that the proposed amend
| ment to the Constitution (Which is hereto annex
ed) has been approved and ratified by the peo-
pie. in the manner prescribed in the Consttu-
| ton, the same is valid and of effect
1@-, Given under my hand as Governor
SEAL and under the lesser seal of the Com
e-~0' monwealth, at Richmond, this 10th
| day of August, in the year of our Lord, 1872,
and of the Commonwealth the 9th.
By the Governor
JAMES MCDONALD,
Secretary of the Commonwealth.
AMENDMENT.
Strike out from the Constitution of the State
of Virginia the clause in reference to Usury,
which is in these words:
Usury.--Upon debts hereafter contracted it
shall be lawful to receive any rate of interest not
exceeding twelve per centum per annum, which
| may be agreed upon by the parties, and be spec
flied in the bond, note, or other writing eviden-
cling the debt. When there is no such agree
ment the rate of interest shall be six per centum
per annum for the use and forbearance Of every
| hundred dollars"
| AN ACT to Provide for Submission to the Peo-
pie of the Proposed Amendment to the Con-
stitution of Virginia in Relation to the Clause
| in respect to and entitled 'Usury" In force
March 10, 1872.
| That it shall be the duty of the officers conduct
| ing the election directed by law. to be held on
| the fourth Thursday in May next at the places
appointed for holding the same, to open poll
Commonwealth upon the ratification or rejec-
| ii on of the amendment to the Constitution of
Virginia contained in joint resolutions agreeing
| to an amendment to the Constitution of Virgin
Ia in relation to the clause in respect to and
| titled Usury, and dire citing a submission of said
pl opposed amendments to the people for their APP
proval and ratification in force January twenty
| Sc cond eighteen hundred and seventy-two, viz
Strike out from the Constitution of the State
| Of Virginia the clause in reference to Usury,
| which is in the following words
| "USURY.
upon debts hereafter contracted it shall
| be lawful to receive any rate of interest not ex-
| ceeding twelve per centum per annum, which
| may be agreed upon by the parties and be spec
| fled in the bond note, or other writing eviden-
| cling the debt. When there is such agree
ment the rate of interest shall be six per centum
per annum for the use and forbearance of every
| hundred dollars"
q At such election each of said voters who
shall approve said amendment shall deposit a
ticket or ballot on which shall be written or
printed the words For striking out the Usury
clause in the Constitution and each of said
| voters who shall be opposed to said amendment
shall deposit ticket or ballot which shall be
| written or printed the words, Against striking
out the Usury clause in the Constitution"
3. That Immediately after closing the polls
the said officers shall count the ballots deposited
at said election for and against said proposed
amendment, and shall make return thereof at
the time and in the manner provided by law, as
in the of other elections; and it shall be the
duty of the clerks and commissioners of election
of each county respectively to make out, certify
and forward an abstract of the votes cast for and
against said proposed amendment in the manner
now prescribed by law in relation to votes cast
in general elections.
f. 1t shall be the duty of the Secretary of the
| Commonwealth and of the State Board of Can
vassers to open and canvass the said abstract OF
| returns, and to examine and make statement OF
the whole number OF votes given at said cleo
ton for said proposed amendment, and against
| said proposed amendment, respectively, in the
manner now prescribed by law in relation to
votes cast in general elections; and it shall be
the duty of the Secretary of the Comm onwealth
to record said certified statement in his office,
the Governor of the Commonwealth an official
copy of said statement certified by him under
his seal of Office.
s. The Governor shall, without delay, make
proclamation of the result, stating therein the
aggregate vote for and against the amendment,
to be published in such newspapers in the State
as may be deemed requisite for general informa-
ton; and if majority of said votes be cast fol
the ratification of the said amendment he shall
annex to his proclamation copy thereof, to-
gether with copy OF this act.
6. The Secretary Of the Commonwealth shall
cause to be sent to the clerks of each county and
corporation as many copies of this act, and Of
the resolutions aforesaid as there are places Of
voting therein; and it shall be duty of said
clerks to deliver the same to the sherffs Tor dis
tribution, whose duty it shall be forthwith to
post the said copies at some public place in each
election district
Z. The expenses incurred in conducting this
election shall be betrayed in the case of the
election of members to the General Assembly.
8. This act shall be in force from its passage.
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