New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-09-16

l1OU9c VI REPRESENTATIVES,, WIN ehO y S~' $500
NAYS taken thereon, and the Secretary OF
State shall cause the same to be published
three months before the nextgeneral election
for represent atives to the General Assembly
in at least one newspaper in every parish OF
the State in which . newspaper shall be
published. And said proposed anne ndments
shall be submitted to the people at said
election in such manner and form that the
people may vote for or against each amend,
ment separately. g., first proposed
amendment for approval" or against ap-
prevail" and in like manner as to the others;
and if 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 a. such
by the Governor and Secretary OF State.
PROPOSED AMENDMENTS TO THE CONSTITUTION
No. THE issue OF consolidated bonds
authorized by the General Assembly OF the
State. at its regular session in the year
1874, "a 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 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 enj0in the pay
men. of the principal or interest thereof,
or the levy and collection of tax therefor;
=
ment, the judicial power shall be exercised
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 shali: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 for the said
assessment and collection and for such pay
ment from the treasury.
No. 2-Whenever the debt of the State
shall have been reduced below twenty tive
million dollars, the constitutional limit shall
remain at the lowest point reached, beyond
which the public deb, 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
public schools, ever exceed twelve and
half mills on the dollar Of the assessed valH-
alton Of the real and persona! property IN
the State, except in case OF war or INVASION
No. 3.-The revenue of each year derived
from taxation upon real, personal and mixed
property, or from licenses, shall be devoted
solely to the expenses OF the said year Tor
which it shall De raised. excepting any sur.
plus remain, which shall be directed to
sinking the public debt. AL appropriations
and Claims in excess OF revenue shall be
null and void and the State shall in no
manner provide fer their payment.
(S;zned) CHARLES W.LOWELL.
Speaker of tie House of Representatives.
(Signed) C. c. ANTOINE,
Lieutenant Governor and President Of the
Senate.
Approved January "a. 1874.
(SiQped) WILLIAM p. KELLOGG,
Governor OF the State Of Louisiana.
A true copy:
P. G.. DEsLoSDE, Secretary Of State.
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
anu House Of Representatives Of the State
of Louisiana in General Assembly con-
vened 1.-TWO thirds Of the members elected
to each house agreeing thereto), That the
following amendment to the constitution of
the State Of LOuisians 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 cOnsti-
tuition, be stricken out, and the words first
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. 9. Be it further enacted, etc., That this
act shall take effect from and after its pass
iSigned) CHARLES w. LOWELL,
Speaker OF the House of Representatives.
(Signed) c. C. ANTOINE,
Lieutenant Governor and President OF the
Approved March 81, 1874.
ID ~ Mo-
Governor OF the State OF Lousians.
A true copy:
PC. DEsLoSDE. Secretary Of State.
Ne. 23.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 |. Be it resolved by the Senate
and House Of Representatives OF the State
of Louisiana in General Assembly con-
vened (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 to the consi-
tuition of the State shall be submitted to the
qualified electors of the State for their ratif.
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 evi.
dence Of indebtedness or warrant for pay
ment of money shall be issued by any OFF,
Ger of said city, except against cash actually
in the treasury; but this shall not be so con-
strued as to prevent q 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-