The Lafayette advertiser. [volume] (Vermilionville [i.e. Lafayette], La.) 1865-19??, 1874-10-24
No. Al

No. 4.
An sct proposing amendments to the constitution
Of the State Of Louisiana.
SECTION l. Be It enacted by the Senate and
Houee of Representatives Of the State of Loui-
siana in General Assembly convened (two-thirds
of the members Of esch house agreeing thereto).
That the following amendments be proposed and
entered upon the respective journals of the Set
ate and House Of Representatives, with the yeas
and nays taken thereon, and the Secretary of
State shall cause the sanae to he published three
months before the next general election for re-
presentatives to the General Assembly, in at
least one newspaper In every parish Of the State
10 which newspaper shall be published. And
said proposed amendments shaR be submitted TO
the people at said election in such manner and
form that the people may vote fos or against each
amendment for spproval.o or Aagainst sppro
yal," and in like manner - to the others and
II majority Of The voters at said election shall
approve and ratsfy such amendments. the same
shalt be appropriately numbered and become .
part Of the constitution, and be proclaimed -
euch BY The Governor end Secretary Estate.
PRorosED AxExDxESTs 10 rHE ccssrnurlox.
No 1.-The issue ef consolidated bonds su-
thorized BY the Geoeral Assembly Uf the State,
at it, regular session In the year 1874. il hereby
ieclated to create valid contract between the
State and each aud every holder * said Gonds,
which the State shall b. no means and in no
wiee impair. Ns mid 6oOds shAll be q valid
obligation of the State In favor Of any holder
hereof and no court shall enjoin the payment Of
the principal or interest thereof, OF the levy and
collection Of tax thereto. 10 secure such levy.
collection and payment the judicial power shatl
he exercised when necessary. The tax required
for the payment Of the principal and interest Of
eaid bonds shall be assessed and collected each
and every year until the bonds SHAH bc paid,
principal and interest. and the proceeds shall be
paid By the Treasurer Of the State TO the holders
aA said bonds a. the principal and imtcrcat Of the
same sbnll fall due, and no further legislation Ot
appropriation shall be requisite for the said u
sessment and collection and for such payment
from the treasury.
No. 2.-Whcnevcr the debt Of the State s1sall
have been rstieced below twenty Eve million dol
lars the constitutional limit shalt remain at the
lowest point fcached, beyond which the public
debt ahall not thereafter h. Increased, and this
rule shall continue in operation until the debt il
reduced 10 fifteen million 6OliAss. beyond which
il ehall not he incfcased. Nor shalt taxation for
all State purposes. excepting the support Of
public schools. ever exceed twelve and half
mills on tue dollar Of the assessed valuation of
the te0t ana persOnAI properly III tue Ssste, ex-
cept in case of war or invasion.
No. 3-The revenue Of each year derived from
saxation npon rcai. personal and mixed property,
or from licenAr, shalt bc devoted rolcly to tie
expenses Of the said ycsr Er which it shall he
raised, excepting any surplns. remain. which
shall Ike directed to sinking the public debt. all
siall be null and void. and the State whal: in no
manner provide fhr their payment.
(Signed) CHARLES W. LOWELL.
Speaker Of the House Of Representatives.
(Signed) C. q. ANTOINE.
Lieutenant Governor and President 0f the Senate.
Approved January ~. 1874.
(Signed) WILLIAM z. KELLOGG,
Governor of tac State of Louisis.A.
A true copy:
r. G. DxsfoxnE, Secretary OF State.
M. ga.