The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1874-03-20

Ana Act
Proposing amendments to the constitution Of
the State of Louisiana.
Ana Act

AAa AC&
Proposing amendments to the constitution Of
the State of Louisiana.
Be it enacted by the Senate and House of
Representative OF the State of Louisiana in
General Assembly convened ftwo-thirds OF the
members of each house agreeing theretol, That
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 samet0 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 q newspaper shall he published.
And said proposed amendments shall be sub
mttted to the people at said election in such
manner mud form that the people may vote
for or against each amendment separately
& G.. " first proposed amendment, for approval
or against approval" and in like manner as to
the. others; and if O majority of the voters at
said. ELECTION shall approve and ratify such
amendment or amendments, the same shall be
appropriately numbered and become n part of
the constitution, and be proclaimed as such by
the Governor and Secretary of State.
PROPOSED AMENDMENTS TO THE CONSTITUTION
No. 1.-THE issue of consolidated bonds au-
thoriZed by the General Assembly of the State,
at its regular session i'll the year 1874, is hereby
declared to create % valid contract between the
State and each and every holder of said bonds.
which the State shall by no means impair. The
said bonds shall be q valid obligation of
the State IN favor OF any holder thereof, and no
court shall eniOin the payment of the principal
or interest thereof, or the levy and collection of
the tax6herefor; to secure such levy. collection
and payment, the judicial power shall be cxer-
ciSed when necessary.
The tax required for the payment of the prin-
cipal and interest of said bonds shall be assessed
and collected each and every year until the
bonds snail he paid, principal and interest, ana
the proceeds shall be paid by the Treasurer of
the State to the holders of said bonds as priuci-
pal and interest OF the saline shall fail due, and
no further legislation on appropriation shall be
requisite for the said assessment and collection
and for such payment from the treasury.
No. 2-Whenever the debt of the State 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, be-
y0nd which 1t shall not be increased. Nor shall
taxation for all State purposes, executing the
support Of public schools, ever exceed twelve
and a half mills on the dollar OF the assessed
valuation OF the real and personal Ur0perty i'm
the State, except in the the case of war or in
vasi0n.
No: 1.-The revenue of each year derived from
taxation upon real, personal and mixed prop
erfy, or from licences, shall be devoted solely
to the expenses of the said year for which it
shall be raised, excepting any surplus remain,
which shall be directed to sinking the public
debt. Al appropriations and claims in excess
shall in no manner provide for their payment.
1signedl CHARLES w. LOWELL,
Speaker Of the House of Representatives.
tsigneI c. c. ANTOINE,
Lieut.. Governor and President of the Senate.
Approved Jan. "a, 1874.
(Signed) WILLIAM P. KELLOGG,
Governor OF the State OF Louisiana.
4 true copy
I, q. DEsLoSDE.
Secretary Of State.