The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1874-02-13
4,
proposing amendments to the constitution OF
the State of Louisiana

EN& N ~ "
Proposing amendments to the constitution q
the State of Louisiana. ~
Be it enacted by the Senate and House N
Representatives of the State of louisiana II
General Assembly convened (two-thirds of thu
members OF each house agreeing thereto3. That
tne following amendments be proposed and Ell.
tered upon the respective journals of the Sen
ate and House of Representatives, with tht
yeas and nays taken thereon, and the Seeretar1
OF the State shall cause the same to be published
three months before the next general election
for representative tn the General Assemble IL
at least one newspaper in every parish of thu
state III which q newspaper shall be published
And said proposed amendments shall be Sub.
mltted TO inc people at said election In slcf
manner and form that the people NAV vote
for or against each amendment separatelv-
=. e." first proposed amendment, for approval,
or " against approval" and in like mali1er "a In
the others; and If q majority OF the voters M
said election shall approve and ratify sneb
amendment or amendments, the same shall be
the constitution, and be proclaimed as such nv
the Governor and Secretary Of State, ~
PRQPOsED AMENDMENTS TO THE CoNsT4rMFroS
NO. 1...The issue Of consolidated bonds an.
tnorlzed ny the General Assembly of the State.
at It's regular session in the year 1874. il. herehy
declared to create a valid contract between tbe
state and each and every holder of said bonds,
which the State shabby no means imnafr Tho
said bonds shall be a valid oblirafiop Of
the State in favor OF any holder thereof ana M
court shall enjoin the payment of the principal
OF inGsrest Ineraa1, or the levy and collection Of
the tax therefor; to secure such levy, collection
ana ayfmen the judicial power shall he eyer
Ctsed when necessary.
Ihe taX required for The payment of the prin-
clpal ana interest or said bonds shall be assessed
and collected each and every wear until fbe
bonds snail be paid, PRINCIPAL and @Interasf.and
me proceeds shall be paid by the Treasurer Of
the state 20 the holders of said bonds az anrinci-
pal and interest of the same shall ran dine" ana
no further legislation or aPpropriatiOngshau no
requisite TOT the said assessment and collection
an9 Ior saen payment from the treasury.
nave been reduced below tWenty.1ve million
dollars, the constitutional limit shall remain at
tns Lowest point reached, beyond which the
public debt shall not thereafter be increased
and this rule shall continue in oDeFatinn ,n4;i
the debt 1s reduced to fifteen million dollara. he
yand which it shall not be increased. Nor sroIl
saxatlgn Ior nh state purposes. excepting the
support o. pubic schools, eyer exceed twelve
ana q halt mills on the dollar of the assessed
of the real and personal nrot,eTfv IN
the state, except in the the case of war or in
No. 3-The revenue Of zach year derived from
Taxation upon real, personal and mixed prop
esFty, or from licences, shall he devoted solely
the expenses of the said year for which 1t
winch shall be directed to sinking the pnblie
dfht, All appropriations and claims In excess
Of revenue shall be null and void, and the State
tsie M ap msIHsF Prsylde foF tAsig payment.
Speaker OF the House Of REPRESENTATIVE,
fsignedl C. c. ANTOINE,
Lieutenant Governor and President of the SEN
ate.
Approved Jan. "a, 1874. ~ afzs5s
Gsigned WILLIAM 7. KELLOGG,
Governor Of the State of Louisiana.
"A true copy
P. g. D%EsLosDE.
Secretary Of stare,