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

j
An act proposing amendments to the constitution
of the State of Louisiana.
SECTION l. Be it enacted by the Senate and
House Of Representatives of the State of I.Oui-
siana in General Assembly convened (two-thirds
of tine members Of each house agreeing theretOl.
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, and the Secretary OF
State shall cause the same to be published three
months before the next general election for re-
presentatiyes to the General Assembly. in at
least one newspaper i'll every parish OF the State
E which a newspaper shall be published. And
said proposed amendments shall he submitted to
the people at said election in such manner and
form that the people may vote for or against each
amendment separately. e.. first proposed
amendment for approval,' or "against appro
yal'' and in like manner rs to the others and
If a majority of the voters at said election shall
approve and ratify such amendments. the same
sllal! 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-
thorizcd 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 and every holder Of said bonds,
which the State shall by no means and in no
wise impair. The said bonds shall be valid
obligation of the State in favor of any holder
hereof and no court shall enioin the payment Of
the principal or interest thereof or the levy and
collection of tax therefor to secure such levy.
collection and payment the judicial power shall
be exercised when necessary. The tax required
for the payment Of the principal and interest OF
said bonds shall be assrsscd and collected each
and every year until the bonds shall be paid,
prnci pal and interest," and the proceeds shall be
paid by the Treasarer 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
appropriation shall he requisite for the said as
sessmcnt aud collection and for such payment
| from the treasury.
No. Whenever the debt Of The State shall
have been reduced below twenty FIVE million dol
lars. the constitutional limit shall remain ut the
/ lowest point reached, beyond which the public
debt shall no: thereafter bc increased, aud 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
puhlic schools. ever exceed twelve and half
| mills on the dollar Of the assessed valuation OF
| the zeal and personal property In the State, ex-
ccpt in case Of war or invasion.
No. 3-The revenue Of each year derived rom
taxation upon real, personal and mixed property,
or from licenses, shall be devoted solely to the
expenses Of the said year for which it shall be
raised, excepting any surplus remain. which
shall, bc directed to sinking the public debt. All
appropriations and claims in excess of revenue
shall be null aud void. and the State shal! in no
manner provide for ttieir payment.
(Signed) CHARLES W. LOWELL,
Sneaker of the House Of REPRESENTATIVES..
| (Signel) c. q. ANTOINE,
Lieutenant Governor and President Of the Senate.
Approved JANUARY -, 1874.
| (Siruet) WILLIAM Z. KELLOGG.
Governor Of the State Of Louisiana.
! 4 trac copy:
l.. g. DEsl.oxpE, Secretary Of State.
] No. Ga.
An act proposing an amendment t." the ccnstl