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

LIMA Relative TO THE INCRE AsE
OF THE STATE DEBT.
Whereas, tho Constitution of the
State of outh Carolina provides that
an amendment or amendments may be
made to the same and that such am end
ment or amendments shall be agreed to
by two-thiris ofthe members elected to
each House p; such amendment and
amendmeutr to be entered On the Jour
mails, respectively, with the yeas and
nays taken thereon ;and, that the same
shall be submitted, to the qualifed d
electors ofth State, at the next general
election thereafter for 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, and two thirds of each brauch of
the next General Assembly shall alter
such an election, aud before another.
ratity the same amendment or amend
ment or amendment, by yeas and nsys,
the same shall become part of the
Constitution Irorhlcd 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, iugeach branch, pass Joint Resolu
ton proposing all amendment to the
Constitution Of the State of South Caro-
lina which was agreed to by two-thirds
Of its members, to wit:
ARTICLE XVI. To the end that the
public debt OF South Carolina may not
hereafter be increased, without the due
consideration aud free conse It Of the
people oil the State, the General Assem-
bly, is hereby forbidden to create any
further debt or obligation, either by the
loan of the credit OF the State, by
guaranty, endorsement, or otherwise,
except Tor the ordinary and current
business Of the State, without first
submitting the question as to the crca.
tion of any such new debt, guaranty
endorsement, or loan Of its credit, to the
| people Of this State at general State
election; and unless two.thrds of the
qualified voters Of this State, voting on
the question, shall be in favor OF
further debt guaranty, endorsement, or
loan of it's 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, and majority
of the said electors have voted in favor
of the same therefore,
BE ii rcso'red by the Senate and
House of Representatives of the State
of South Carolina. now met and sitting
in General Assembly, aud by che author
ity of the same, That the amendment to
the Constitution of the State of South
Carolina, proposed aud agreed to by
two thirds Of the mcmbcrs of each
branch of the last General Assembly,
aud voted for by majority of the
electors qualified to vote for members of
tho General Assembly at the last = omar !.
al election, to wit: Article XIV To
the end that the public debt of South
Carolina MAJ not hereafter be increased
without the due consideration and free
consent of the people of the people Of
the State, the General Assembly lis
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
theordiuary and current business of the
State, without first submitting the ques
| tion as to the creation Of any such now
debt, guaranty, endorsement, or loan, of
it's credit to the people of this State, al
a general State election; ani, unless
two-thirds of the qualified voters Of this
State, voting on the question, shall be in
favor Of a further debt, guaranty, endorse
ment, or loan of its credit, none shall be
created or made" be, and the same is
hereby, ratified aud made part of the
Constitution of tho State Of South
Carolina - . .H.
Approved January %, 1873.
JOINT RESOLUTION TO II THY