The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1874-02-27
Ned.
Am Act
Proposing amendments to the constitution of
the State OF Innisiana-

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 two-thirds OF the
the following amendments be proposed and en-
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 a newspaper shall be published
And said proposed amendments shall be slh-
mitted to the people at said election in such
manner and form that the people may vote
!or or against each amendment separately
t.e, " first proposed amendment, for approval"
OF :" against approval and in like manner as to
the others; and If q majority of the voters at
SAID election shall approve and ratify such
amendment or amendments, the same shall be
appropriately numbered and become o part of
the constitution, and be proclaimed as such by
the Governor and Secretary of State.
AMENDMENTS TO THE CONSTITUTION
NO. 1.-The issue OF consolidated bonds au-
thorized by the General Assembly of the State,
at Its regular session in the year 1874, is hereby
declared to create o valid contract between the
state and each and every holder of said bonds.
winch the state shabby no means impair, The
salh honus snail be . valid obligation of
the State in favor of any holder thereof, and no
court shaH epJain the payment of the principal
or interest thereof, or the levy and collection Of
SN~N- NSNrN NNASAo ' ~ 5OSAARC 5uGhi Cf W HRET
ana payment, the Judicial power shall be eyer
cised when necessary,
The tax required for the payment of the nrin-
elpal ana interest OF said bonds shall be assessed
and collected each and every wear until the
bonds small DC paid, principal and interest, and
Ihe proceeds shau be paid BY the Treasurer OF
the state to the holders of said bonds as nrinci.
pal anu interest OF the same shall fall due, and
no further legislation or appropriation shall Inc
requisite for the said assessment and collection
ana Tor such payment from the treasury.
the debt Of the State shall
nave been reduced below TWENTY-FIVE million
dollars. the constitutional limit shall remain NJ
the lowest point reached. beyond which Tile
pubic debt shall not thereafter be increased
ana ms rule shall continue in operation until
the 0enI IS reduced to fifteen ~milliondoIlar he-
ypnd which it shall not be Increased, Nor sban
taxation for all State purposes, excentinR fhe
support OF public schools, ever exceed twelve
ana q naif mills on the dollar of the assessed
valuation Of the real and personal nrOnerfy in
the state, exceptin the the case Of war OF in
svaaion, N
No. s-The revenue of each year derived from
taxalon upon real, personal and mixed prop.
erty, or from licences, shall be- devoted solely
TO the expenses of the said year for which Il
snaIl be raised, excepting any surplus remain,
Wnicn snail be directed to sinking the public
oene; AL interpretations and claims In excess
or revenue shall be null and void, and the State
shall in no manner provide for their payment.
Signed) CHARLES W.. LOWELL,
Speaker of the House Of Representatives.
signedl {. C. ANTOINE,
Lieutenant Governor and President OF the Sen |
W. ate.
Approved Ian. 81, 1874.
fsignedl WILLIAM P. KELLOGG,
Governor of the State OF Louisiana,
A true copy
p. g. DEsLoSDE, !
Secretary Of State.