The Bossier banner., 1891-12-10
STATE OF LOUISIANA,

Constitution of this State, which has been con
Cured in by two-thirds of all the members
elected to each House of the General Assembly
of this State, at the regular session thereof,
held at the city of Baton Rouge, in the year
1890, and which is required to be published for
the information of the qualified electors OF TINS
State for three months preceding the general
election for Representatives, and which pro-
posed amendment more fully appears In act
No, I53, of the Regular Session of 1890, which
is hereafter officially published for the lntor-
nation of the qualified electors of this State,
aud which will be submitted to them for their
approval or rejection at the next general elec
tion, which will be held on Tuesday, the 18th
day of April, 1892 lit being the Tuesday next
the third Monday of said mOnthl in such man
ner and form that the qualified electors may
vote for or against said amendment; and If
majority of the qualified electors voting at
said election shall approve and ratify said pro-
posed amendment, then such proposed amend
ment, so approved and ratified, shall become
a part of the Constitution of this State.
ANACT mo. 153.
Providing for the submission to the electors
of the State for adoption or rejection, an
amendment to the Constitution of the
State by inserting therein "an 8rticle on
Eevees, Schools Charities, Pensions,
Drainage Lotteries aRd General Fund"
Section |. Be it enacted by the General AS
sembly of the State of Louisiana, That the fol-
lowing amendment to the Constitution of the
State be submitted to electors for approval or
rejection, as rovided in article twO-hundred
and 6fty-six of the Constitution, and if adopt
ed the said amendment shall read as follows /:
ARTICLE on LEvEEs, SCHOOLS, CHARITIES, PEN
sIoNs, DRAINAGE. LOTTERIES AND
GENERAL FUND.
In aid of the levees, schools, charities, pen
siOns, drainage and general fund hereinafter
named, the following contract is now made
In consideration of the sum of thirty-One mil
lions two hundred and fifty dollars to be fully
secured and paid as hereafter provided. John
A. Morris, his heirs, agents and assigns, are
hereby authorized and empowered for the term
of twenty-five years ensuing the first day OF
January, 1894, to prepare schemes OF lotteries,
to sell lottery tickets and to draw and conduct
lotteries in this State. Said sum shall be paid
to the Treasurer of the State by the persOns
conducting the business pursuant to this con-
| tract, in one hundred equal installnents-
! whereof each installment shall be paid on or
| before the first days of January, april, July
and October in each and every year during
| said term; and the Treasurer upon the receipt
of each of said installments shall apply the
| same as follows:
To THE PUBLIC SCHOOLS OF THE STATE.
| Three hundred and fifty thousand dollars an
nually, payable quarterly in advance. as above
provided, which sum shall be distributed to
|
| ticle two hundred and twenty by this
| Constitution.
To LEvEEs.-Three hundred and fifty thou
sand dollars annually, payable, quarterly in
| advance, as above provided, which sum shall
| be distributed among the Levee Districts of
the State or applied to levee purposes in the
proportions and in tile manner provided by
| law for the distribution and application of the
| one mill tax levied under Article 213 of the
| Constitution.
To CHARTTIEs.-One hundred aud fifty thou
sand dollars annually, payable quarterly in
| advance, as above provided Of which sum
eighty thousand dollars shall be applied to
the hospitals established by the State; forty
| thousand dollars to State insane asylums;
| twenty-five Thousand dollars to State institu-
tiuns for the deaf, dumb and blind; five thou
| sand dollars to the Soldiers Home.
| To PEnsIoNs.-Fitty thousand dollars an
nually, payable quarterly in advance, ,ts above
| provided, to the penisOning of disabled, intirm
or INDECENT Confederate soldiers, citizens re
| sident in Louisiana
TO THE Cry OF New ORLEANS FOR DRAIN
AGE AND OTHER SANITARY PURPOSES One
hundred thousand dollars annually, payable
quarterly in advance, as above provided, tile
| expenditure OF said sum and the managemeu
and the control of the same to be determined
by the General Assembly, which is hereby
directed to carry into effect this provision by
| appropriate legislation.
To THF GENERAL FUND.-TwO hundred and
fifty thousand dollars annually. payable quar-
| in advance, as above provided.
The several sums of money above specified
| shall be devoted to the objects and purposes
hereinbefOre stated, and the General Assem-
| bly, is hereby directed to carry into effect this
provision by appropriate legislation.
Said John A. Morris, his heirs or agents
shall within twenty days from the date of the
adoption Of this article, file in the office of the
Secretary of State written acceptance by hin
or them of this contract and for the protection
OF the State and the security of the public, this
contract is made upon the express condition
that said John A. Morris, his heirs or agents
shall within thirty days from the date OF the
adoption OF this article file in the office Of the
Secretary of State declaration in writing
signed by him or them and sax other persons
slgnlfying their consent to form the corporation
hereinafter named, and the said John A. Morn,
shall file Herewith his bond with good and
solvent sureties, residents of this State, in thC
sum of hve million dollars, said bond to be il
favor OF and accepted by the Auditor of the
State; the condition of said bond shall be thai
the said Morris, his agents, or assigns shal
pay to the State of Louisiana the said sum O
thirty one millions two hundred and fifty
thousand dollars at the dates and in the man
Der herein set ont and shall faithfully perform
all the obligations herein contained; aud there
upon the persons signing the said declaration
shall be thereby constituted a corporation
under the name and title of "The Louisiana
Lottery Company" whereof the capital stOcl
shall he five million dollars represented BY
fifty thousand shares Of one hundred dollars
each, at least twenty per cent. thereof to b,
forth with fully paid up, and which corporation
shall be and continue during the period of thu
contract, and shall have all tile rights apt
powers possessed by corporations generally al
defined by the present Civil Code of the State
and shall be liable for the moneys herein di
rected to be paid to the Treasurer of the State
and for all prizes to be drawn i'll said lotteries
and shall be entitled TO receive semi annual,
from the persons conducting the business un
der this contract fifty per cent. of the ne
profits of the said business, and in cOnsidera
tion of the payment of said sum of thirty-ou,
million two hundred and fifty thousand dol
lars, in installments as aforesaid, said corpora
tion and the shares of stock therein and tn,
business authorized by this contract and tn,
revenues and receipts thereof shall be exemp
from all taxes, dues, assessments, imposition
and licenses of any kind whatever, whethe,
State, parish, municipal or otherwise TIL,
powers OF said corporation shall be Vested in ;
board OF directors to consist of seven persons
who may make and establish rules and bylaw
for the proper management and regulation o
It's affairs. The persons signing said declara
| ti0u shall pausfitnta tbaG