New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-08-19

agreeing bner0uOJ, 1HdI mo 1oIoWANs
amendments be proposed and entered upon
| the 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 representatives to the General Assembly
| in at least one newspaper in every parish OF
the State in which a newspaper shall be
| published. And said proposed anne ndmeEts
election in such manner and form that the
people may vote for or against each amend
| ment separately. e., first proposed
amendment for approval" or against ap-
| prevail" and in like manner as to the others;
! and if q majority of the voters at said cleo
| ton shall approve and ratity such amend
| ment or amendments. the same shall be ap-
| prOpriately 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
| authorized by the General Assembly OF the
State, at its regular session in the year
1874, is hereby declared to create valid
every holder of said bonds, which the
State shall by no means and in no wise i'm
pair. The said bonds shall be a valid obi
cation of the State in favor Of any holder
hereof, and no court shall enjoin the pay
ment Of the principal or interest thereof,
or the levy and collection Of tax therefor;
to secure such levy, collection and pay
when necessary. The tax required for the
payment 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 for such pay
menr from the treasury.
No. 2.-Whenever the debt of the State
shall have been reduced below twenty i've
million dollars, the constitutional limit shall
remain at the lowest point reached, beyond
which the public debt shall not thereafter
be increased, and this rule shall continue in
operation until the debt is reduced to fifteen
million dollars, beyond which it shall not
be increased. Nor shall taxation for all
State purposes, excepting the support of
publ schools, ever exceed twelve and
half mills on the dollar OF the assessed Walk
alton of the real and personal property in
the State, except in caseOf war or invasion.
No. 3.-The revenue of each year derived
from taxation upon real. personal and mixed
property, OK lrUu UCcuecb, eUtil 10 ucVOlcu
solely to the expenses OF the said year for
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.
. (Signed) CHARLES w. LOWELL,
Speaker of the House of Representatives.
(Signed) c. c. ANTOINE,
7 NJ NnvSppnr apI proa id ootO of tho
Senate.
Approved January "a. 1874.
(Signed) WILLIAM P. KELLOGG,
Governor of the State of Louisiana.
A true copy:
P. G. DEsLoSDE, Secretary of State.
No. 81.
An act proposing an amendment TO the con-
stitution of the State of Louisiana, chang
ing the day for holding the general election.
SECTION l. 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 house 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 the words " first
Monday" in article seventeen of the const-
titlOu, 10 btIlChCu Jul, duu tuc WOTuS uFSU
Tuesday after the first Monday" be substitu-
ted in lieu thereof, and if approved by ma
jority of the voters at said election the same
shall become part Of said article seventeen.
Sec. 2 Be it further enacted, ETC., That this
act shall take effect from and after its pass
age.
lsigned) CHARLES w. LOWELL.
Speaker OF the House of Representatives.
(Signed) C. G. ANTOINE, Il
IjpurpOaOt Gnvarnor and prac;Iop- Of no
Approved March 81, 1874
(Signed) WILLIAM P. KELLOGG,
Governor OF the State of Louisiana
A true copy:
p. G. DEsLoNDE, Secretary of State.
No. 22.l
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; and prescribing |
certain penalties. !
SECTION L. Be it resolved by the Senate !
and House of Representatives of the State |
OF Louisiana in General Assembly con-
vened ttwo-thirds of the members elected |
to each House agreeing theteto). That at |
the general election for members of the |
General Assembly, which will take place in
1874, an amendment to the cOnsti-
tuition OF the State shall be submitted to the
cation or rejection in the words following:
Article -. The city of New Orleans shall |
not hereafter increase her debt, in any
manner or form, or under any pretext. Al |
ter the first day of January, 1875, no evil
dence OF Indebtedness or warrant for pay
ment OF money shall be issued by anv off.
Ger OF said city. except against cash actually
in the treasury; but this shall not be so con-
strued as to prevent a renewal of matured
bonds at par, or the issue of new bonds in ex-
change for other bonds; provided the CITY
DEBT be not thereby increased, nor to pre-
vent the issue Of drainage warrants to the
transferee of contract, under act No. 80 of
1871, payable only from drainage taxes, and
not otherwise: any person violating the pro.
hibitions provisions of this article shall, on
conviction. be punished by imprisonment
Ter not less than two nor more than ten
years, and by fine of not less than three dol
ars nor more than ten thousand dollars
Sec. =. Be it further resolved, etc. That at
,aid next general election, the wishes of the
electors in the premises, shall be expressed
BY printed or written ballots. as follows:
"For the amendment limiting the debt of
New Orleans" or, Against the amend.
nent limiting the debt OF New Orleans"
md the said ballots shall be counted and
eturns made. and the result declared az in
he case of election of State officers.
tSigned) CHARLES w. LOWELL,
speaker of the House of Representatives,
iSigned) &C. ANTOINE,
Lieutenant Governor and President of the
Senate.
Approved February "a. 1874.
(Signed) WILLIAM P. KELLOGG,
Governor Of the State Of Louisiana.
A true copy:
P. G. DksLoSDE, Secretary of State. !