The Bossier banner., 1891-11-12
STATE OF LOUISIANA,

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 this
State for three months preceding the general
election for Representatives, and which pro-
posed amendment more fully appears in act
No l53, of the Regular Session of 1890, which
is hereafter officially published for the infOr-
nation of the qnaliied electors of this State,
and which will be submitted to them for their
approval or rejection at the next general elee
tiOn, which will be held on Tuesday, the 10Th
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
part Of the Constitution of this State.
AN ACT mo. l53.
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 Brtiele on
Levees, Schools, Charities, Pensions,
Drainage Lotteries and General Fund"
Section /. Be it enacted by the General As
sembiy 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 ffty-six Ofthe 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
slons, drainage and general fund hereinafter
named, the following contract is now made.
In consideration of the sRm 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 installments,
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
each parish in the proportion prescribed by ar
ticie two hundred and twenty four by this
Constitution.
To LEvEEs.-Three hundred and fifty thou
sand dollars annually, payable. quarterly in
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 the 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 and fifty thou
II,
advance, as above provided, of which sum
eighty thousand dollars shall be applied to
the hospitals established by the State; forty
dollars to State insane asylums;
twenty-five Thousand dollars to State institu-
tiOns for the deaf. dumb and blind; five thOu-
sand dollars to the Soldiers Home.
TO PEnsToNs.-Fifty thousand dollars an
nual!y, payable quarterly in advance, as above
provided, to the penisOning of disabled, infirn
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 III advance, as above provided, the
of said sum and the management
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
nifty 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
lereinbefoFe 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 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 declaration in writing,
signed by him or them and six other persons,
'lgnlfying their consent to torn 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
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 |
5he said Morris, 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
1er herein set out and shall faithfully perform |
sll the obligations herein contained; and there
lpon the persons signing the said declaration |
shall be thereby constituted a corporation |
lnder the name and title of "Tbe Louisiana 1
Lottery Company" whereof the capital stock |
hall be five million dollars. represented by /
ifty thousand shares of one hundred dollars |
Zach, at least twenty per cent. thereof to be |
orth with fully paid up, and which corporation |
hall be and continue during the period of this |
contract, and shall have all the rights and |
,Owers possessed by corporations generally as /
iehned by the present Civil Code 0fthe State,
Ind shall be liable for the moneys herein di-
ected to be paid to the Treasurer of the State,
Ind for all prizes to be drawn in said lotteries,
md shall be entitled to receive semi annually
rom the persons conducting the business un-
Ter this contract fifty per cent. of the net
profits of the said business, and in considera-
Ion OF the payment of said sum of thirty-one !
million two hundred and fifty thousand dol
ars, IN installments as aforesaid, said corpora
ion and the shares of stock therein and the |
business authorized by this contract and the
evenues and receipts thereof, shall be exempt
rom all taxes, dues, assessments, imposItions
md licenses of any kind whatever, whether
'tate, parish, municipal or otherwise The
'oWers OF said corporation shall be vested in a
'oard of directors to consist of seven persons,
Who may make and establish rules and bylaws
or the proper management and regulation of
Us affairs. The persons signing said declara-
ion shall constitute the first board of directors
nd shall serve for the term of one year from
he time of the filing of said declaration and
ntiI their successors are duly appOinted