The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1874-11-07
An Act

| Proposing amendments to tho Constitution
Of the State Of Louisiana.
Section l. Be it enacted by the Senate
| and House of Representatives of the State
! of Louisiana in General Assembly convened
| two thirds Of tho members of each house
| agreeing thereto), That tho following amend
ments be proposed and entered. upon the
respective Journals of the Senate and House
Of Representatives, with the yeas and NAYS
| taken thereon, and the Secretary of State
| shall cause tho Same to be published three
months before tho next general election. for
Representatives. to tho General Assembly
in Ut least one newspaper in every parish of
tho State in which = newspaper shall be nRb-
lished. 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 amend
ment separately-h .. " first proposed
amendment for approval or against ap-
pfoval," and in like manner a. to- the Others :;
and if = majority OF. the voters at said elec
ton shall approve and ratify SUCH amend
ment or amendments, the same shall be sp-
the constitution, and be proclaimed ~ such
by the Governor and Secretary Of State.
PROPOSED AMENDMENTS TO THE CONSTR
TUITION.
y
authorized by the General Assembly OF the
State, ut it's regular sessionin the year 1874,
il hereby declared to create n valid contract
between the State and each and oyery
holder of said bonds, which tho State shall
by no means and in, 40 wise impair. The
said bonds shalt be valid obligation Of the
State in favor Of any holder thereof, and no
court shall efljOin the payment of the prin-
cipal or intefest thereof, or tho 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 aud interest Of said bonds shall be
assessed and collected each and every year
until said bonds shall be paid principal and
interest. and the proceeds shall be paid Nv
the Treasurer Of tho State to tho holders Of
said bonds ~ the principal and interest of
the same shall fall due, and no further leg
islation or appropriation shall no requisite
for the said assessment and collection and
for such payment from tho treasury.
No. 2-Whenever tho debt Of tho State
shall have been reduced below twenty-five
million dollars, thu constitutional limit shall
remain ut the lowest point reached, beyond
which the public debt shall not thereafter
be increased, and this rule continue in op-
Grafton until the debt 10 reduced to fifteen
million dollars, beyond which it shall not
be increased. Nor shall taxation for ali
osssso PuA PVsCop 0ACCYGAuK tuo support OF
public schools, ever exceed twelve and
half mills on tho dollar of the assessed valu-
alton OF tho real and personal 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 for which it shall be raised. excepting
any surplns remsip, which shall be directed !
to sinking the public debt. All sppropria- |
tons and claims In. excess Of revenue shall |
be null and void, aad the State shalt in no |
manner provide for their payment
(Signed) CHARLES w. LOWELL,
Speaker Of the House of Representatives.
iSigned) C. C. ANTOINE,
Lieutenantiovernor and President of tho |
Senate. .i.;l
Approved January OATH, 1874.
(Signed) WILLIAM r KELLOGG,
Governor Of the State of Lo.isiAna.
A true copy: II
2. G. DEsLosDE, Secretary Of State-
An ACT
Proposing An amendment to the constitu- |
ton Of the State of Louisiana, changing
the day for holding the general election.
Section l. Be it enacted by the Senate