The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1891-12-23
PROMULGATIoN
PROPOSED AMENDMENTS
Constitution Of The State Of Louisiana
ADOPTED. BY THE GENERAL ASSEMBLY IN
1890.
STATE OF LOUISIANA,


1890.
STATE OF LOUISIANA,
OFFICER OF THE SECRETARY OF STATe.>
In pursuance of the provisions OF the
publication is hereby maae
and given to the qualified electors OF the
state of Louisiana of the proposed amend
merts to the Constitution of tins state,
which have been cOncurred IN ny Two
thirds of all the members elected to each
House of the General Assembly OF tnls
State. at the regular session thereof, held
at the CITY of Baton Rouge in the year
1880. and which are required to be pup,
li.hed for the information OF the qnallIed
electors of this State for three h'ohons
preceding the next election for RePresen-
tatives, and which proposed amendments
more fully appear i'll JOINT Resoinliuns
Nos. 10 and 154, which are hereinafter
officially published for the Information OF
the qualified electors of this State, ana
which will be submitted to them for their
approval or rejection, at the next general
election which will be held OH Tuesday,
the 10th day of April, 1892, (it being the
Tuesday next following the third Monday
of said monthly in such manner and 1oF"
that the qualified electors may vote 1or OF
against each amendment separately; ana
if a majority of the qualified electors, vo.
ting at said election, shall approve and
ratify all or either of said proposed
amendments, then such proposed amend,
ments, or either of them, so approved ana
ratified, shall become part OF the Con-
stitution OF this State.
JOINT RESOLUTION No. 1l0-AMEND-
MENT No. l.
"Proposing an..amendment to the Consti-
tution providing for the funding OF the
bonded debt of the City of Now Or
leans, other than Premium Bonds, into
four per cent. bonds; providing spe-
bonded debt of the city, and exemptlng
thn said four per cent. bonds from taxa
tion. and further authorizing the sad
city to assume and pay sucn unpaid
claims of the Board Of School Directors
of said city and parish which II may
find to be equitably due ny sa'd
| board"
Section /, Be it resolved by the Senate
and House of Representatives OF the State
of Iouisiana, two-thirds of all the nem-
hers elected to each House concurrlng,
THAT the following amendments TO the
Constitution of the State be submitted to
the electors of the State at the next cleo
tion for Representatives for the General
Assembly in the year 1892, for the pur-
nose of retiring the now existing valid
outstanding bonds of the city OF New Or
leans. including the bond certificates OF
bonds issued under the Act of the Legisla-
tire No. SO of 1882, and to retire Judg'
mcnts now or hereafter rendered against
fine city on floating debt claims prior tt
1879. entitled to be funded under Act No
, 81 of 1884, the said city of New Orleans il
! hereby authorized and directed, on ant
l after the adoption of this amendment, t.
: issue through tho Board Of Liquidation .
r the CITY Debt, bonds to be known as tn
Constitutional Bonds of the City OF New
Orleans, not exceeding ten millions
dollars, at fifty years, bearing four pc
cent. per annum interest, to bear dat
V and belin the form prescribed by the Leg
islature, The said bonds shall be apple
II nv the said board to the retirement {
= said outstanding bonds and Judgments
by the sale of said Constitutional Bonds
+ and application of the proceeds Of sale b
ar the Board of Liquidation, to pay OF. pu1
chase said outstanding bonds and juds
&c ments. or by exchanging the said Const
~ tutional.. Bonds for bonds, on the tern
and in the mode prescribed by the Legi
ID lature. For the payment of the intere:
o. and principal at maturity, Of said Const
tutional Bonds, and other outstandll
al bonds not retired under this amendment
20 and for the payment of the annual allo
o. ments and premiums of the Premiu
ps Bonds of said city, the said city is heret
a authorized and directed to levy annual
o and until the full payment OF said bond
q special tax Of one per cent. on all Il
. real and personal property of the cit
D., said tax to be part of, and not in additi'
to the tax of twenty mills and two-tent
of mill on the dollar of valuation nc
levied for all purposes by the city OF Nc
IL Orleans, and the said tax shall be pa
Y over as collected to, and be applied.
' the Board of Liquidation, to the payne
Y. of the interest and principal at maturi
nv of said Constitutional Bonds, and OF
y standing bonds not retired, and to t
IT. payment of the allotments of PrelniU
~ Bonds and premiums extant, in the han
~ of holders.
Is Said tax is hereby declared to be t
-, contract right of the holders of all So
on bonds; and the exemption of said Cons
nd tutional Bonds from all taxation by t
-. City of New Orleans and State of Loaf
0s' ana is hereby recognized and declare
,xt and after payment of all the annual int
DIV est on said Constitutional Bonds a
~ bonds not retired and the payment of t
saidfannual allotmeEts of Premium Bor
and premiums extant in the hands
ice holders, and after making provisions
a sinking fund, at such time and of ST.
an. amount as the Legisla ture prescrib
, the surplus of said one per cent. shall
ne disposed sof as prescribed by the Leg
ops latnre.
em The act passed at the present sess
No SO entitled Gan act to carry into
feet the Constitutional amendment pas
at the present session relative to the b(
debt of the City of New Orleans" ETC.,
and is hereby approved and confirmed
,.s all its parts. as contract between
l's' City of New Orleans and the holders
yer said Constitutional Bonds, Premi
ms, Bonds and of the bonds outstanding
Dsi- retired as aforesaid.
1t Section 2. Be it further resolved, G
ion That the city of New Orleans be an
per hereby authorized and empowered to
Igle anime into and assume the payment
the claims or obligations of the Boart
School Directors for the city and pa,
DDS of Orleans due for the years 1880, Il
i'm. 1882, 1888 and 1884, now in the hand
hot original owners, who have in nov
no, parted with their right2sof ownership
ana pledged the same, as may be found to
equitably due by said board for sery
rendered, labor performed or mater
ION. furnished by authority of said DO;
W" Section 3. Be it further resolved, {
u, That all electors voting at said cleo
Cor Snil nl,nn .,lnna