The Louisiana Democrat., 1891-10-07

qualified electors voting ut said election.
shall approve and ratify said proposed
amendment, then such proposed amend
ment. SO approved aud ratified, shall be-
come u part of the Constitution of this
State,
NJ. 1a3.] AN ACT
Providing for the submission to the cleo
tors OF the State for adoption or rejec-
ton, an amendment to the Constitu-
ton of the State by inserting therein
"Au article of Levees, Schools, Chari.
ties, Pensions, Drainage, Lotteries and
General Fund"
SECTION l. Be it enacted by tho Gene
raj Assembly Of the State of Louisiana.
That the following amendment to the
Constitution OF the State he submitted to
the 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 US
follows:
ARTICLE on LEvEEs, SCHOOLS, CHARITIES,
PENSIONS, DRAINAGE, LOTTERIES AND
GENERAL FUND.
In aid CT the levees, schools, charities.
pensions. drainage aud general fund
hereinafter named, the following cou-
tract is now made. In consideration of
the SUM of thirty-one millions two hum
dred and fifty thousand dollars to be fully
secured and paid as hereinafter provided.
John A. Norris, his heirs, agents and
assigns, are hereby authorized and EN-.
powered for the term of twenty. five years
ensuing the first day of January, 1884, to
prepare schemes of lotteries, to sell lot
terry tickets and to draw and conduct lot
teries in this State. Said sum shall be
pal! 10 the Treasurer of the State by the
persons conducting the business pursuant
to this contract, in one hundred equal
! installments, whereof each installmlent
shall be paid OH or before the first DAYS of
January, April, July and October in each
and every year during said term and
the Treasurer upon tho receipt of each IF
said installnieuts shall apply the same as
follows:
10 the Public Schools Of the State.-Thrre
hundred and fifty thousand dollars anuu
ally, payable quarterly in advance, as
above provided, which sum shall lie dis
! trlbutei to each parish in the proportion
prescribed by article two hundred and
twenty Of the Constitution.
10 Lerees.-Three hundred and fifty
thousand dollars annually, payable quar-
terly III advance, as above provided.
Which SUN shall be distributed among
the Levee Districts of tho State or an.
piled to levee purposes in the proportion
aud in the manner provided by law for
tho distribution and application of the
one mill tax levied under Article 2l3 Of
the Constitution
70 Charities One hundred and fifty
thousand dollars annually, payable quar-
terly i'll advance, as above provided, Of
which suln eighty thousand dollars shall
be applied to the hospitals established
by the State; forty thousand dollars 20
State insane asylums; twenty-five thou-
sand dollars to State institutions for the
deaf. dumb and blind; five Thousand dol
lars TO the Soldiers Home,
To Pensions.-Fifty Thousand dollars
annually, payable quarterly in advance,
as above provided, to the pensioniny Of
disabled, in6rm, or INDECENT Confederate
soldiers, citizens resident in Louisiana.
10 the City of Ne,o Orleans for Drainage
and Other Sanitary Purposes hmm
! dred Thousand dollars annually, payable
quarterly III advance, as above provided,
! the expenditure Of said sum and the man
agement and the control of the same to
he determined by the General Assembly,
which is hereby directed to carry into
effect this provision by appropriate legis-
F.! lation.
| To the General Fund.-Two hundred
and fifty Thousand dollars annually, pay
able quarterly in advance, as above pro-
videtl.
Tho several sums Of money above spec
lied shall be devoted to the objects and
purposes hereinbefore stated, and the
General Assembly is hereby directed to
carry into effect this provision by appro-
pirate legislation.
Said John A. Morris. his heirs or agents,
shall within twenty days from the date
f; of the adoption of this article, file in the
office Of .he Secretary of State written
acceptance by him or them of this con-
tract, and for the protection of the State
and the security of the public, this coz
tract is made upon the express condition
that said John A. Norris his heirs or
agents, shall within thirty days from the
date of the adoption of this article file III
the Office of the Secretary of State a de-
claratiOn in writing, signed by him or
them and six other persons, signifying
their consent to form the corporation
hereinafter named, and the said John A.
Morris shall file Herewith his bond with
good and solvent sureties, residents Of
this State, in the SUN of i've million dol
lars, said bond tO be in favor of and ac-
ccptetl by the Auditor Of the State; the
condition of said bond shall be that the
said Morris, his agents or assigns, shall
pay to the State Of Louisiana the said
sum of thirty-one million two hundred
and fifty Thousand dollars at the dates
and in the ,uanuer herein set out aud
shall faithfully perform all the obliga-
tionS herein contained; and therenpon
the persons signing the said declaration
shall be thereby constituted q corpora
tiOn 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. theroofto he forth
with fully paid up, and which corpora
tion shall be and cOntinne during the
period of this contract, and shall have all
the rights and powers possessed by cor
poratioDs generally as defined by the pre-
sent Civil Code Of the State, and shall be
liable for the moneys herein directed to
be paid to the Treasurer of the State, and
for all prizes to be drawn in said lotte-
ries, ana shall be entitled to receive
ssmi-annually from the persons conduct
ing the business under this contract fifty
per cent. of the net profits Of the said
business, and in consideration of the pay
ment of said sum Of thirty-0ne million
two hundred and fifty Thousand dollars,
in installments as aforesaid, said corpora