The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1874-09-12
No. Al
An act proposing amendments to the constitution
/ Of the State of Louisiana.

awe ~
An act proposing amendments to the constitution
Of the State of Louisiana.
SECTION /. Be it enacted by the Senate and
House Of Representatives of the State OF L0ul-
siana in General Assembly convened (twothirds
Of the members of each house agreeing thercto):
That the following amendments be proposed and
entered upon the respective journals OF the Sen
ate and House of Representatives, with the yeas
and nays taken thereon, aud the Secretary OF
State shall cause the same to be published three
months before the next general election TOR re-
presentativcs to the General Assembly, in at
least one newspaper in every parish OF the state
in which a newspaper shall be puO''shea. ana
said proposed amendments shall be submitted to
the people at said election in such manner and
form that the people may vote for or against each
amendment separately. e., 'frst proposed
amendment for approval" or against appro,
yal.'' and in like manner as to the others and
If majority of the voters at said election shall
approve aud ratify such amendments. the same
shall be appropriately numbered and become
part of the constitution, and be proclaimed as
such by the Governor and Secretary OF State.
PROPOSED AMENDMENTS TO THE CONSTITUTION
No 1.-The issue Of consolidated bonds au-
thorized by the General Assembly Of the State,
at its regular session in the year 1874. 10 hereby
declared to create valid contract between the
State and each and every holder OF said bonds
Vhich the State shall by no means aud in no
w;ae imnair. The said bonds shall be . valid
OBLIGATION Of the State In favor Of any holder
hereof. and no court shall enjoin the payment Of
the principal or interest thereof or the levy and
collection of tax thereto: to secure such levy.
collection and payment, the judicial power shall
he exercised when necessary. The tax req uired
for the payment Of the principal and interest o.
said bonds shall be assessed and collected each
and every year until the bonds shal! be paid
principal and interest, and the proceeds enai! OK
paid by the Treasurer OF the State TO the noioers
Of said bonds as the principal and interest OF the
same shall fall due, and no further legislation o!
appropriation shall be requisite for the said as
sessrncnt and collection and for such payment
from the treasury.
No, 2.-Whcnever the debt Of the State shal
have been reduced below twenty five million dol
lars the constitutional limit shall remain at th'
lowest point reached, beyond which the public
debt shall no: thereafter be increased, and thi
rule ahall continue in operation until the debt i
reduced to fifteen million dollars, beyond which
il shall not be increased. Nor shall taxation TO
all State purposes. excepting the support Q
public schools. ever exceed twelve ana maj
mills on the dollar Of the assessed valuation Q
! the real and personal property in the State, ex
. cept in case Of war or invasion.
No. 3.-The revenue of each year derived fron
taxation upon real, personal and mixed properly
: or from licenses, shall be devoted solely 70 To
D expenses of the said year for which 1t shall b
raised. excepting any surplus remain. whlc
shall be directed to sinking the public debt. Al
appropriations and claims in excess Of revenu
shall lie null and void. and the State shal! in
= manner provide for their payment.
; fSieued) CHARLES W. LOWELL,
r Speaker Of the House Of Representatives.
n (Signcd) q. Z: ANIOlNE,
: Lieutenant Governor and President Of the Scnat
Approved January "a, 1874.
(Signed) WILLIAM L. AELLUiG,
Governor of the State Of Louisiana.
d A true copy
r. G. DEsLoxpE, Secretary Of State.
III No. Ga.