The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1872-08-29
Neac Advertisements.
BY THE GOVERNOR
A PROCLAMAT1oN

n
/ Inc Executive having received from the Sec
rotary OF the Commonwealth an official copy of
the certified statement made by the Board OF
| State canvasaers at their meeting on the I'd 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 the Usnry clause in the Constitution, doth
hereby, in obedience to law, make proclamation
| that there were cast
| For striking out the Usury clause in the Com
stitution Forty thousand one hundred and six
ty six 40, 1867 votes.
Against striking out the Usury clause in the
Constitution; Twenty one thousand three hum
dred and twenty six (2l,32sl votes.
And 1t appearing that the proposed amendment
to the Constitution (which is hereto annex
ed) has been approved and ratified by the peo>
pie, in the manner prescribed in the Constitu-
tioa, the same is valid and OF effect.
Given under my hand as Governor, and
| ~, under the lesser seal Of the Common.
I SEAL : wealth, at Richmond, this 10th day of
| ~ August, in the year of our Lord. 1872,
and Of the Commonwealth the 9th.
By the Governors G. G. WALKER.
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, other writing eviuenc-
ing the debt. When there is no such agreement
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 PEG.
pie of the Proposed Amendment to the Consti-
tuition of Virginia'in relation to the Clause in
respect to and entitled ..Usury." In Force
March 10, 1875.
/. Be it enacted by the General Assembly,
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 to
take the sense of the qualified voters of this
Commonwealth upon the ratification or rejection
OF the amendment to the Constitution of Virgin.
ia contained in the joint resolutions agreeing to
an amendment to the Constitution of Virginia in
relation to the clause in respect to and entitled
Usury. and directig submission of said proposed
amendments to the people for their approval and
ratification, in force January twenty-second
eighteen hundred and seventy. two. viz Strike
out from the Constitution of the State of Virgin
ia 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 exceed.
ing twelve per ccntum per annum which may be
| agi eed upon by the parties and be spec fed ia
the bond, note. other writing avidencing the
debt When there is such agreement, the
following rate of interest shall be six per cenum
per annum for the use and torbearance of every
hundred dollars
2. 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, 'sFor striking out the Usury
clause in the Constitution; and each of said vo-
ters who shall be opposed to said amendment
shall deposit IA ticket or ballot on which shall be
| written or printed the words, against striking
out the Usury clause in the Constt9tion' %
| That Immediately after closing the polls the
said officer Shall count the ballots deposited at
said election or and against said proposed amend
ment. and shall make return tbereoi al the time
and in the manner provided by law as in the
case Of other elections and it shall be the duty
OF the clerks and commissioners of election of
each county respectfully to make oat certify and
forward abstract Of he votes cast for and
against said proposed ameldment Ill the manner
now prescribed by law in relation to the votes
| cast in general elections.
| 4 1t shall be the duty of the Secretary of the
Commonwealth and Of he State Board of Can
vassers to open and canvass the said abstract OF
| returns, and to examine aud make statement of
the whole number OF votes given at said election
for said proposed amendment, respectively, in
the manner now prescribed by law in relation to
votes cas-: in general elections; and 1T sh IL be
the duty of the Secretary # the Comm Oh ealth
to record said certified statement in his Office
aud without delay to make out and transmit to
| 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
4 to be published in such newspapers in the State
as may be deemed requisite for general informa
tion; and if a ma ori,y OF said votes be cast for
| the ratification of the said amendment, he shall
annex TO his proclamation copy thereof, to
gether with copy ct this act.
6. The Secretary of the Commonwealth shall
cause to be sent to the clerks OF each county and
corporation many copies of this act and of
the resolutions aforesaid as there are places OF
clerks to deliver the to the sheritfs for DIS
trbuion whose duty ii shall be forthwith to
post the said copies at some public place in each
election district.
7. The expenses incurred in conducting this
election shall be betrayed as in the case of the
election OF members To the General Assembly.
8. This act shall be in force from its passage.
aug 29-tf
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