New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-10-24


propriately numbered and become part Q!
the constitution, and be proclaimed as such
by the Governor and Secretary OF state.
PROPOSED AMENDMENTS 10 THE CONSTITUTIONS
No. The issue OF consolidated bonds |
authorized by the General Assembly OF the
State. at it's regular session in the year
1874, is hereby declared to create valid
contract between the State aud eaca and
every holder of said bonds. which the
State shall by no means and in no wise I'M
pair the said bonds shall DO . valid 0bii-
CATION of tie State in favor OF any holder
hereof. and no court shall enjoin the pay.
ment Of the principal or interest thereof,
or the levy and collection of tax therefor;
to secure such levy, collection and pay
ment, the judicial power shall be exercised
when necessary. The tax required tor the
payment of the principal and interest OF
said bonds shall be assessed and collected
each and every year until the oonds snai!
be paid, principal and interest, and the
proceeds shall,be paid by the Treasurer OF
the State to the holders of said bonds as
the principal and interest of the same shall
tall 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.
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
be increased. and this rule shall continue IN
operation until the debt Is reduced to fifteen
million dollars, beyond which it shail not
be increased. Nor shall taxation for all
State purposes, excepting the supper. VI
public schools, ever exceed twelve an"
half mills on the dollar Of the assessed Walk
alton of the real and personal property In
the State, except in case Of war Or invasion:
No a-The revenue Of each yea. derived
from taxation upon real. personal and mixed
property, or from iicenses. shall be devoted
solely 20 tho expenses of the said year Tor
which il shall be raised. excepting any sur
plus remain. which shall be directed to
sinking the public debt. All appropriations
and claims in excess OF revenue shall be
null and void, and the State shall IN no
manner provide for their pay ment.
lSiyned, CHARLES,W LOWELL.
Speaker of the House of Representatives
tS;gnedl G. c. ANTOINE.
Approved January -. 1874.
lSianed, WILLIAM p. KELLOGG,
Governor Of the State of Louisiana.
A true copy:
?. G. DEs,oSDE, Secretary Of State.
| No. Ga!
An act proposing an amendment to the con.
stitution Of the State of Louisiana, chang
| ing the day for holding the general election.
! SECTION /. Be 10 enacted by the Senate
| ana House Of Representatives Of the State
| of Louisiana in General Assembly con-
vened (twothirds Of the members elected
| to each house agreeing thereto, That the
following amendment to the constitution OF
| the State of Louisiana shall be submitted 60
1 the qualified electors of tho State at tho next
| general election for Representatives OF the
! General Assembly: That the words i" first
I Monday in article seventeen OF the constr
! tuition, be stricken OUT and the words ''tirst
/ Tuesday after the first Monday" be substitu-
| ted in lien thereof, and if approved by a ma
! jority of the voters at said election the same
( shall become part of said article seventeen.
SEC. =, Be it further enacted, etc. That this
| act shall take effect from and after Its pass
iSirned, CHARLES W. LOWELL.
! Speaker OF The House of Representatives..
| tSgneiI G. G. ANTOINE,
Lieutenant Governor and President Of the
( Approved March II, 1874.
| (Sigaed, WILLIAM Z. KELLOGG.
Governor OF the State OF louisiana
A true copy:
?. g. DEslospE, Secretary Of State.
No. 23.I
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 tho Senate
and House Of Representatives OF the State
| of Louisiana in General Assembly con.
vened ttwo-thirds Of the members elected
to each House agreeing. thetetoj. That at
the general election for members OF tho
General Assembly. which will take place in
| nl,av ,xvff Nf q q Y.
| tuition .f the State shall be submitted to the
| qualified electors Of the State for their rstiti.
! cation or rejection in the words following:
Article -. The city of New Orleans shall
| rot hereafter increase her debt. in any
! name. OF form. or under any pretexf. At
! ter :he first day Of January, 1879, 10 evi.
| denc. OF Indebtedness OF warrant for pay.
men. of money. snail be issued by any Off.
Ger OF said city except against cash actually
in tho treasury: but this shall not De 80 con.
strue3 as % prevent renewal OF matured
bonds at par. or the issue Of f;ew bonds IN ex.
change tor other bonds: provided the city
debt be not thereby increased. nor to pre-
vent the issue OF drainage warrants 10 the
transferee Of contract. under act NO. 30 OF
! 1871, payable only from drainage taxes. and
| not otherwise: any person violating the pro-
hibitions provisions Of this article shall. on
I conviction, be punished by imprisonment
for not less than two nor more than ten
wears. and by fine of not less than three dol
lar. no: more than ten thousand dollars.
SEC. ?. Be it further resolved, etc. That at
| said next general election. the wishes OF the
electors in the premises, shal be expressed
! nv nrinted or written ballots, as follows:
"For the amendment limiting the debt OF
New Orleans:" or, against the amend.
ment limiting the debt OF New Orleans.
and the said ballots shall be counted and
returns made. and the result declared as IN
| the case of electiC of State officers.
(Sigued) CHARLES w. LOWELL.
Speaker of the House of Representatives,.
| (Signed) G. C. ANTOINE,
Lieutenant Governor and President OF the
| Senate.
Approved February "a, 1874.