The Orangeburg news. [volume] (Orangeburg, S.C.) 1867-1875, 1873-10-04

LIMA NhhAilNb III TIE lNChb ABE
OF THE STATE DEBT. ss,sH,E .,
NJ Whereas she Constitution. of, the
State of outh Carolina provides that
an amendment or amendments may be
made to the same aud that such am end.
msnt or ameedmeutsshall be agreed to
by two-thirds ofthe members elected to
each House; such amendment and
amendmeutr to be entered on the Jour
nails, respectively, with the yeas and
nays taken thereon and, that the same
shall be submitted, to the qualified
electors ofthe State, at the next general
election thereaf' ,r, fer Representatives,
and, if majority of the electors quail
fed to vote for members of the General
Assembly, voting thereon, shall vote in
favor Of such, amendment or amend
ments, aud two.thirds of each brauch of
the next General Assembly shall, after
such an election, aud before another.
ratity the same amendment or amend.
ment or amendment, by yeas and nays,
the same shall become part of the
Constitution {: Provided, That such
amendment or amendments shall have
been read three times, Gu their several
days, in each House and whereas the
General Assembly, at its last session,
did, iuseach branch, pass Joint Resolu
tion pfoposing an amendment to the
Constitution of the State of South Caro-
.lina which .uas agreed to by two thirds
of its members, to wit:
ARTICLE XVI. 10 the end tkat the
public debt OF South Carolina may not
hereafter be increased, without the due
consideration aud free consent of the
people OF the State, the General Assem-
bly, is hsreby forbidden to create any
farthss debtor obligation, either by the
loan of the credit of the State, by
guaranty endorsement, or otherwise,'
except Tor the ordinary and current
business Gof the State, without first
submitting the question as to the crea,
tion of any such new debt, guaranty,
endorsement, or loan Of its credit, to the
people of this State at a general State
election and unless two.thirds of the
qualified voters of this State, voting on
the question, shall be iu favor of a
further debt, guaranty, endorsement, or
loan Of its credit, none such shall be
created or made;" '-~
And whereas, the said proposed
amendment has been submitted to the
electors, qualified to vote for members
of the General Assembly, at the next
general election following the action of
the General Assembly. aud majority
of the said electors have voted in favor
of the same therefore,
Be ii rcsolred by the Senate and
House Of Representatives Of the State
Of South Carolina, now met and sitting
in General Assembly, aud by she author
ity of the same, That the amendment to
the Constitution of the State of South
Carolina, proposed aud agreed to by
tSo thirds of the membcrs of each
branch Of the last General Assembly,
aud voted for by majority of the
electors qualified to vote for members OF
the General Assembly at the last xouer.
al election, to wit; "Art.;.ciis xiv To
the ond that the public debt of South
Carolina MAJ not hereafter be increased,
without the due consideration aud free
consent Of the people of the people of
the State, the General Assembly Els
hereby forbidden to create auy further
debt or obligation, either by the loan Of
the credit Of the State by guaranty,
endorsement, or otherwise, except for
theordinary and current business of the
State, without frat submitting The ques-
ton as to the creation OF any such now
debt, guaranty, endorsement, or loan, of
its credit to the people. of this State, al
q general State election; and, unless
twothirds Of the qualified voters of this
State voting on the hequestion, shall be in
favor ofa further debt, guaranty, endorse
ment, or loaneof its credit, none shall be
created or made" be, and the same is
hereby, ratified and made part ofthe
Constitution of tho State of South
Carolina. 81 , .A2 &c
Approved January 20, 1873.
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