The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1874-09-18

lected each and every year until the bonds shall
be paid, principal and interest. and the proceed.
shall be paid by the Treasurer Of the State t.
the holders of said bonds as the principal anC
Interest of the same shall fall due, and no further
icglslatlon or appropriation shall be requisite
for the said assessment and collection and fol
such payment from the treasury.
No. 2.-Wheneyer the debt OF the State shnl
have been reduced below twenty-1iye million
dollars, the constitutional limit shall remain al
the lowest point reached, beyond which the
public debt shall not thereafter he increased
and tins rule continue III operation until the
debt is reduced to fifteen million dollars. hey0ud
which 1t shall not be increased. Nor shall faHa
ton Tor al state purposes excepting the sup
port OF public schools. ever exceed twelve and
a half mills on the dollar of the assessed valua.
ton of the real and personal property in the
state. except in case of war or invasion.
No. 3.-IiIe revenue of each year derived from
taxation upon real, personal and mixed prop,
erty, or from licenses, shall be devoted solely tn
the expenses OF the said year for winch it shall
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 THEN ayment
tSigncdl CHARLES W. LOWELL.
Speaker of the House. Of Representatives.
tSigned) c. G. ANTOINE.
Lieut.. Governor and President of the Senate.
Approved January "A. 1874.
(Sigmed) WILLIAM p. KELLOGG.
Governor of the State of LOuisilna.
4 true copy:
No. GAL
An act proposing an amendment to the Consti-
tuition OF the state of Louisiana, changing the
day for holding the general election.
SECTION l. Be it enacted by the Senate and
House of Representatives of the State of Louis
lana in General Assembly convened Hwo-thirls
OF the members elected to each house agreeing
%theretOl, That the following amendment TO the
constitution OF the State Of Louisiana shall be
submitted to the qualified electors of the state
at the next general election for RcprrscntatiyG s
at the General Assembly That tba wand, - Hr,t
Monday IN article seventeen of the 'cOnstitu-
ton, he stricken out. and the words " first Tues
day after the first Monday' be substituted in
lieu thereof. and If approved by a majority of
the voters at said election the same shall become
Il part Of said article seventeen.
SEC. ?. Be it further enacted. etc, That this
act shall take effect from and after its passage.
(SIgnedl CHARLES ". LOWELL.
Sneaker of the House OF Representatives.
Signed G.. c. ANTOINE,
Approved March y. 1874.
SignedJ WILLIAM P. KELLOGG.
Governor of the State of Louisiana.
P. G. DESLoHpE, Secretary of State,
No. 22.I
Joint resolution submitting an ancndmcnt. TO
the constitution of the State to limit the dcbf
OF New Orleans, and the issucsof warrants by
the officers aud prescribing certain penalties.
SECTION l. Be it resolved by the Senate and
House OF Representatives of the State of Louis
lana in General Assembly convened two-thfrds
of the members elected to each House agreeing
thereto, That at the general election for mem
beers OF the General Assembly. which will take
pace III November. 1874. an amendment to the
constitution OF the State shall be submitted to
the qualified electors of the State for their rati-
1ic:tti0n or rejection in the words following:
Article =. The city of New Orleans shall not
hereafter increase her debt. in any manner or
form. TOR under amy preteXt. After the first day
of JANUARY, 1879, no evidence of Indebtedness or
warrant for payment OF money shall be issued
by amy officer OF said city, except against cash
actually i'll the treasury: but this shall not be so
construed as to prevent II renewal of matured
bonds at par, or the issue of new bonds in OK
change for other bonds; provided the city debt
be not thereby increased, nor to prevent the
issue OF drainage warrants to the transferee of
contract, under act No. so of 1871, payable only
from drainage taxes. and not otherwise any
person violating the prohibitions [prOvisiOnsI of
this article shall, on conviction. be punished by
Imprisonment for not less than two nor more
than years. and by fine OF not less than three
dollars nor more than ten thousand dollars.
SEC. ?. BE 1t further resolved, etc, That at
said next general election, the wishes of the
in the premises, shall be expressed BY
printed or written ballots, as follows:
For the amendment limiting the debt of New
/" or. Against the amendment limiting
the debt of New Orleans and the said ballots
shall be counted and returns made. and the re-
suit declared as i'll the case of election of State
officers,
(Signedl CHARLES W. LOWELL,
Speaker of the House of Representatives.
tSlgneO {. G. ANTOINE,
Governor and President of the Senate.
Approved February n, 1874.
tSlSnedl WILLIAM p. KELLOGG,
Governor Of the State of Louisiana.
\ true copy:
p. 6. DEsLONDE. Secretary of State.