The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1891-12-19

capital stock shall be Ave million dollars, re-
presented BY fifty thousand shares Of one
hundred Aeflsrs each, at least twenty per
eett. thereof to 30 fefth th fully paid mp
and which corporation ahall 6a snd continue
during tho period Of this contract. and ahsit
have all the rights and powers possessed by
corporations generally as defined by the pre-
sent Civil Code Of the State. and al III be liza,
BILE for the moneys herein directed 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 uhder this
contract fifty per cont Of tho ret profits OF
the said buainess. and in confederation of the
payment Of said ann Of thirty one million
two hundred and fifty Thousand dollars, in
inst ailments - aforaeaid. said corporation
and the shares OF stock therein and the bus
meas uthoi lied by this contract and the rev.
enues and receipts thereof. shall be exempt
snd licensea Of any kind whatever. whether
State, parish. municipal or otherwise. The
powers of said corporation shall be vested
in board of direetofs to consist OF seven
parsons. who may mAke and establish rules
and bylaws for the pro .,er management aud
regulation Of its affairs. The persons sign
ing said declsra tien shall constitute the first
board of directors aud shall serve Tor the
term Of one year froso she time of the filing
Of said declaration and until their successors
are duly appointed.
lllotteries other than those authorized
by this article are prohibited in this State,
unleas by similar amendment to this COnsti.
tuition aud for not less than one million two
hundred and fifty Thousand dollars per an
mum. All provisions of the Constitution and
laws OF this State inconsistent or ia any way
conflicting with this article are declared to
be superseded hereby.
SEC. 2. Be 1t further enacted, That II
shall be the duty Of the Eecretary of State tn
puolish the foregoing proposed amendment
in accordance with the provisions of article
tive hundred and fifty-six Of the Constitu
tion. within Ninety days after the first day OF
January in the year dehtecn hundred and
ninoty-one.
SIC. ). Be it further enacted. That a,
the next general election all electors who de
sire to vote for aaid amendment shalt write
or print upon their ballots the words. "FoI
the Levees, Schools. Charities, Pensions
Drainage, Lotteries and General Funt
amendment" and all electors who desire t.
vote at said election xGsinsk said ameDdmen
shall write or print upon their ballots thu
words. against the Levess, Schools, Chari
ties. PensiOns. Drainage, Lotteries and Geu
erxl Fund amendment
Sec. 4. Be 1t further enacted. That al
officers charged with elections or the con
duet Of the returns thereof under the genera
e,ection laws. shall se the time they give NO
tice Of the said general elertion also give nc
toe of the election leRein ordered for tn
adoptiou Or rejection Of the proposed amend
mend, and shall without other direction o
~, hority than 10 herein contained mako du
returns Of axid election h conformity Wit
the general election laws In 80 far as the
sre not inconsissens with or in conflict wit
this aot.
tGgsedl .. r. HEHnr,
dpsskse <fAAs BUzss u Rs9resessssivea
fMHMekt g.tA JAAEs JkFFRIEs,
Liout GovsSnor and President OF the Senate
(~>) Witssss my signature aud the sea
lis Of tho State of Louisiana at the cit
49, Of Basen Rouge, this 18th day q
August le0l.
L. r. MASON,
Secretary Of Stat