New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-10-10


amendments be proposed and entered upon
ths respective journals of the Senate and
House Of Representatives, with the yeas and !
NAYS taken thereon, and the Secretary OF
State shall cause the same to be published
three months before the next general election
for represent atives to the General Assembly
in at least one newspaper in every parish OF
the State in which newspaper snail be
published. And said proposed amt ndments
shall be submitted to the people at Sad |
election in such manner and form that the |
people may vote for or against each amend
uent eeparately-i. g., first proposed |
amendment. for approval" or against ap-
prevail" and in like manner az to the others;
and if = majority of the voters at SAID cleo
ton shall approve and ratity snch amend
ment or amendments, the same shall be ap-
propriateiy numbered and become part cf
the constitution, and BIZ proclaimed as such
by the Governor and Secretary OF State.
PROPOSED AMENDMENTS TO THE CONSTITUTION
No, Tho issue of consolidated bonde
authorized by the General Assembly OF the
State, at it's regular session in the year
1874, is hereby declared to create valid
contract between the State and each anu
every holder OF said bonds. :'hich the
State shall by no means and in no wise I'm
nair. The said bonds shall be valid obi,
CATION of the State in favor of any holder
hereof, and no court shall enjoin tho pay
ment OF the principal or interest thereof,
or the levy and collection of tax therefor:
to secure such levy, collection and pay,
ment. the judicial power shall be exercised
when necessary. The tax required for the
paymept of the principal and interest OF
said bonds shall be assessed and collected
each and every year until the bonds shall
be paid, principal and interest, and the
proceeds shall be paid by the Treasurer OF
the State to the holders Of said bonds as
the principal and interest OF the same shall
fall due, and no further legislation or ap..
preparation shall be requisite tor the said
assessment and collection and tor such pay
ment from the treasury.
No. 2.-Whenever the debt of the State
shall have been reduced below twenty five
million dollars, the constitutional limit snail
remain at the lowest point reached, DeyOn0
which the public debt shall not thereafter
be increased, aud this rule shall continue IN
operation until the debt is reduced to hiteen
million dollars, beyond which 1t shall not
| he increased. Nor shall taxation for all
State purposes, excepting the support OF
public schools, ever exceed twelve ana
| half mills on The dollar of the assessed valn-
alton of tie real and personal property IN
| the State, except in cas-. Of war or INVASION
No. 3-The revenue OF each year derived
! from taxation upon real. personal anu mixed
| property, or from licenses. shall be devoted
| solely to the expenses OF the said year iOr
which it shall be raised. excepting any sur
| plus remain. which shall be directed to
sinking the public debt. All appropriations
| and claims In excess OF revenue shall be
| null and void. and the State shall in no
| manner provide for their payment.
Speaker of the House of representatives.
| lSigned) &C. ANTOINE,
| Lieutenant Governor and President Of the
! Senate.
| Approved January 81, 1874.
(Signed) WILLIAM P. KELLOGG,
| Governor Of the State OF Louisiana.
A true copy:
No. g.
An act proposing an amendment to the con-
stitution of the State of Louisiana, chang
inv the day for holding the general election.
SECTION /. Be it enacted by the Senate
| ana House of Representatives of the State
| of Louisiana in General Assembly con-
vened two thirds of the members elected
to each hoase agreeing thereto), That the
following amendment to the constitution OF
the State of Louisiana shall be submitted to
the qualified electors Of the State at the next
general election for Representatives OF the
General Assembly: That tho words " first
Monday in article seventeen OF the cOnsti-
| tuition, be stricken out. aud the words 'hrst
Tuesday after the first Monday" be substitu-
ted in lieu thereof. and if approved BY a ma
iority of the voters at Said election the same
shall become part OF said article seventeen.
SEC g Be it further enacted, etc, That this
act shall take effect from and after its pass
age.
| Sneaker of the House of Representatives.
(Signed) G. G. ANTOINE,
Lieutenant Governor and President OF the
Senate.
Approved March 81, 1874.
lSlgned) WILLIAM z. KELLOGG,
I Governor OF the State of Louisiana.
true copy:
P G. DEsLoNDE. Secretary of State.
No. gal
Joint resolution submitting an amendment
| to the constitution of The State to limit
| the debt of New Orleans, and the issue OF
warrants by the officers; aud prescribing
certain penalties.
SECTION !. Be it resolved by the Senate
and House of Representatives. OF the State
of Louisiana in General Assembly con
yened two thirds of the members elected
to each House agreeing thetetoj, That at
the general election for members OF the
General Assembly, which will take place IN
November 1874, an amendment 10 the cone l.
tution of the State shall be submitted to the
qualified electors of the State tor their rat'ii'
ca;ion or rejection in the words following.
| Article -. The city of New Orleans shall
not hereafter increase her AeD'. III any
manne, or form. or under any pretext. Al
| ter the first day Of January. 1919. no evil
| dence Of Indebtedness or warrant Tor pay
| fnent o: none. shall be issued by any O H.
Ger OF SAID city. e.cep. against cash actually
IN The treasury: but this shall not be so con,
stVEtG as to prevent {. renewal OF matn7ed
bonds al par. or the Issue of new bonds IN ex'
change tor othe. bonds: provided tine city
| debt he NOT therebv creased nor to Oro