The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1874-03-06
A.
An Act
Proposing amendments to the constitution of
the State OF Louisiana.

.l AN Act
Proposing amendments to the constitution of
the State OF Louisiana,
Be it enacted by the Senate and House of
Representatives Of the State of Louisiana in
General Assembly convened ttwo-thirds of the
member of each house agreeing theretO), That
the following amendments be proposed and ell
tered upon the respective journals of the SEN
ate and House Of Representatives, with the
yeas and nays taken thereon, and the Secretary
Of the State shall cause the same to be published
three months before the next general election
for representative to the General Assembly in
at least one newspaper in every parish of the
State in which q newspaper shall he published.
And said proposed amendments shall he sub
mltted to the people at said election in such
manner and form that the peonie NAV vote
for or against each amendment separately
t.e, first proposed amendment, for approval
Or :" against approval and in like manner as to
the. others; and if a majority of the voters at
said election shall approve and ratify such
amendment or amendments, the same shall be
appropriately numbered and become q part of
the constitution. and be proclaimed as such by
the Governor and Secretary of State.
PROPOSED AMENDMENTS TO THE CONSTITUTIONS
No. 1.-The issue of consolidated bonds au-
thofi2ed by the General Assembly OF the State,
at its regular session in the year 1874, is hereby
declared to create a valid contract between the
State and each and every holder of said bonds,
which the State shall by no means impair. The
said bonds shall he q valid obligation of
court shall enjoin the payment of the principal
or interest thereof, or the levy and collection Of
the tax therefor; to secure such levy. collection
and payment, the judicial power shall be exer-
cfsed when necessary.
The tax required for the payment of the prin-
eipal and interest Of said bonds shall be assessed
and COLLECTED each and every year until the
bonds snail be paid, principal and interest, and
the proceeds shall be paid by the Treasurer of
the State to the holders of said bonds as priuci-
pal and Interests Of the same shall fall due, and
no further legislation or appropriation shall be
requisite for the said assessment and collection
and for such payment from the treasury.
No. 2-Wheneyer the debt of the State shall
have been reduced below TWENTY-FIVE million
dollars, the constitutional limit shall remain at
the lowest point reached. beyond which the
public debt shall not thereafter he increased =:
and TINS rule shall continue in operation until
the debt is reduced to fifteen million dollars, be-
yond which 1t shall not be increased. Nor shall
taxation for all state purposes, excepting the
support OF public schools. ever exceed twelve
and a half mills ON the dollar of the assessed
valuations of the real and personal property in
the State, except in the the case OF war or in.
vasiUn.
Nc: s-The revenue of each year derived from
taxation upon real, personal and mixed prop
Grtg, on tlnln licences, shall he devoted solely
to the expenses of the said year for which Il
shall be raised, excepting any surplus remain,
which siaH be directed to sinking the public
debt, An appropriations and claims in excess
Of revenue shall be null and void, and the State
shall in no manner provide for their payment.
tSigned) CHARLES W. LOWELL,
speaker VI the mouse OF Representatives.
tsignedl &C ANTOINE,
Lieutenant Governor and President of the Sen,
ate.
Approved Jan. "a, 1874,
esignedl WILLIAM p. KELLOGG,
Governor Of the State OF Louisiana.
4 true copy:
p. g, DEsLoSpE,
Secretary of State,