The Bossier banner., 1891-11-19
STATE oF LOUISIANA.

| State for three months proceeding the general
! election for Representatives, and which pro-
| posed amendment more fully appears i'll act
| No l53, of the Regular Session of 1890, which
| is hereafter officially published for the intor-
| nation of the qualified electors OF this State.
| and 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 month"; in such man
ner and form that the qualified electors may
| vote for or against said amendment; and If a
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
| q part of the Constitution of this State.
| AN ACT 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 ian Brtiele Oh
| Levees, Schools, Charities, Pensions,
Drainage Lotteries and 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 provided in article two hundred
and fifty-six of the Constitution and if adopt
ed the said amendment shall read as follows :;
ARTICLE ON LEvEEs, SCHOOLS, CHARITIES, PEN
GENERAL FUND.
| In aid of the levees schools, charities, pen
| siOns, drainage and general fund hereinafter
| named, the following contract is row made.
| In consideration Of the sum of thIrty-One mil
lions two hundred and fifty dollars to he fully
| secured and paid as hereafter provided. John
| A. Morris, his heirs. agents and assigns, are
| hereby authorized and empowered for the term
OF tTenty-hve years ensuing the first day OF
January, 1SJ4, 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 installmeuts,
| whereof eBch installment shall be paid on OF
| 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 TIE STATE
Three hundred and fifty thousand dollars an
| provided, which sum shlll be distributed to
each parish in the proportion prescribed by ar
ticle two hundred and twenty four by this
| Constitution.
TO LEyEEs.-Three hundred and fifty thou
| sand dollars annually, payable, quarterly il
advance, as above provided, which sum shall
be distributed among the Leyee Districts of
the State or applied to levee purposes in the
proportions and i'll the manner provided by
| law for the distribution and application of the
one mill tax levied under Article 233 of the
| Constitution.
To CHARITIEs.-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
twent y-tive Thousand dollars to State institu-
far hn al IL,
sand dollars to the Soldiers Home.
To PEnsIOSs.-FIfty Thousand dollars an
nuailY, payable quarterly in advances, rs above
provided, to the perisoning of disabled, infirn
or INDECENT Confederate soldiers, citizens re
sident in Louisiana
To THE CITY OF NEW ORLEAxs FOX DRAIN
AGE AND OTHER SANITARY PURPOSES. One
! hundred thousand dollars annually payablt
quarterly in advance. as above provided tn,
expenditure of said sum and the management
ana the eontrol OF the same to be Determined
by the General Assembly, which is hereby
directed to carry into effect this provision by
appropriate legislation.
TO TIFF GENERAL FUND.-Two hundred and
fifty Thousand dollars annually. payable quar-
Ill advance, as above provided.
The several sums of money above specified
shall be devoted to the objects and purposes
herelnbefOre 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,
snail within twenty days from the date Of the
adoption of this article, file in the Office of the
secretary OF State written acceptance by him
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 a declaration in writing.
signed by him or them and six other persons
slgnltyIng their consent to form the corporation
hereinafter named, and the said Johu A. Morris
shall file Herewith his bond with good and
solvent sureties, residents of this State. in the
sum of five million dollars. said bond to be in
favor of and accepted by the Auditor of the
state; the condition of said bond shall be that
the said Norris, his agents, or assigns shall
pay to the State of Louisiana the said sum OF
thirty one millions two hundred and fifty
thousand dollars at the dates and in the man
ner herein set out and shall faithfully perform
all the Obligations herein contained; and 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 stock
shall be five million dollars represented by
fifty thousand shares Of one hundred dollars
each, at least twenty per cent. thereof to be
forthwith fully paid up, and which corporation
shall be and continue during the period of this
contract, and shall have all the rights and
PomoAs pOoeesSeu Dy corporations generally as
defined by the present Civil Code 0fthe 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 in said lotteries
and shall be entitled TO receive semi annually
from the persons conducting the business IN
der this contract fifty per cent. of the net
pFohts OF the said business, and in cOnsidera-
ton OF the payment of said sum of thirty-one
million two hundred and fifty thousand dol
lars, III Installnents as aforesaid, said corpora
tlOn and the shares of stock therein and the
business authorized by this contract and the
revenues and receipts thereof, shall be EXEMPT
from all taxes, dues, assessments, impos1tions
and licenses of any kind whatever, whether
state, parish, municipal or otherwise. The
powers OF said corporation shall be Vested in a
board OF directors to consist of seven persons
VINO may make and establish rules and bylaws
Tor the proper management and regulation of
It's affairs The persons signing said Geclara-
tlon shall constitute the first board of directors
and shall serve for the term Of one year from
the time OF the fling of SAID declaration and
until their successors are duly appointed.
All lotteries other than those authorized bv
this article are prohibited in this State. unless
oy similar amendment to this Constitution
ana for not less than one million two hundred
ana nifty thousand dollars per annnm. All