The Bossier banner., 1891-10-29
STATE OF LOUISIANA,

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 ut 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 qualified electors of this State.
and which will be submitted to them for their
approval or rejection at the next general elec
ton, 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
neP and form that the qualified electors may
vote for or against said amendment; and if q
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.
AN ACT mo. l53.
Providing for the submission TO the electors
of the State for adoption or rejection, an
amendment to the Consultation of the
State by inserting therein ian srticle on
Levees, Schools, Charities, Pensions,
Drainage Lotteries and General Fund"
Section !. Be 1t 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
sTONs, 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 dOfiars 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, 1884, 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 iDstallment 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 sh Ill be distributed to
each parish in the proportion prescribed by ar
ticle two hundred and twenty four by this
Constitution.
To LEvEEs.-Three hundred aud fifty thou
sand dollars annually, payable. quarterly III
advance, as above provided, which sum shall
he 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.
10 CHARITIEs.-One hundred and fifty thou
aand liu Ia
advance, Rs above provided, of which sum
eighty thousand dollars shall be applied to
the hospitals established by the State; forty
Thousand dollars to State insane asylnnIs;
twenty-ff thOnsan,l dollars to State institu-
tiOns for the deaf. dumb and blind: five thou
sand dollars to the Soldiers Home.
To PEnSIONs.-Fitty Thousand dollars an
nuaily, payable quarterly in advance, as above
provided, tO the penis0ning of disabled, ihiirm
or INDECENT Confederate soldiers, citizens re
sitlent in Louisiana
To THE CRY OF New ORLEASs FOR DRAIS-
AGE AND OTHER SANITARY PUKPosEs. One
hundred th"nsand dollars annually. payable.
quarterly III advance. a. above pro id,ri ths.
expenditure OF said sum and The nlaIIs grnleut
and the control vi the g., Inc to he deter mi el
by the General Assembly, which is hereby
directed to carry into effect this provision by
appropriate legislation.
To THE GENERAL FUND.-Two hundred and
fifty thousand dollars annually. payable quar-
l III huVAnco, as ABOVE PROVIDED.
The several sums of money above sDecifPd
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 him
or them of this contract and for the protection
of the State aud 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,
signifying 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 i've 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 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.
Der herein set out aud shall faithfully perform
all the obligations herein contained; and there
upon the persons signing the said declaration
shall be thereby constituted q corporation
under the name and title of 1.-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 mp. and which corporation
shall be and continue during the period of this
contract, and shall have all the rights and
powers possessed by corporations generally as
defined by the present Civil Code Ofthe State,
and shall be liable for the moneys herein d.
Fected 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 un-
der this contract fifty per cent. of the net
| profits of the said business, and in cOnsidera-
tion Of the payment of said sum of thirty-one
million two hundred and fifty thousand dol
lars, in inetallments rs aforesaid, said corpora
| tiOn and the shares of stock therein and the
business authorized by this contract and the
revenues aud receipts thereof shall be exempt
from all taxes, dues, assessments, impOsltions
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 20 consist of seven persons.
who may make and establish rules and bylaws
for the proper management and regulation of
Its atfaire. The persons signing said declara-
tiOn shall constitute the first board of directors
a nd Kali Co.. 81.