The Meridional. (Abbeville, La.) 1856-1906, 1891-11-21

and six other persons. signifying their con-
I sent to forIn tho corporation hereinafter
named, and the said Jona a. Morris shall
fie Herewith his bond with guod and solvent
sureties. residents of this state In the sun
of tive million dollars, said bond to be in IA
vor of and accepted hv the Auditor OF the
state. Tae eond[ion of said boud shall be
that the said Morris, has agents or assigns,
shall pay to tbs stale of l. ,nisiana The said
sum 0t tttif'y-oHe million lWo hundred and
tisty Thousand dollars at the date aud in the
III anuer hegeia set out and snail faithfully
perform all the obligations herein containei
and theFeapop tls8 persons signipg,ths said
declaration shsli be thsra5y constituted i
corporation uader the name and title ct
The Louisiana Lottery Company" whereof
the capitol stock th4li be i've miilioa dollars
represented b7,i1y thousand shares OF one
hundred dollars each, at least twenty per
cent thereof 10 be ierEh9ith fully paid mp,
and which corporation shall be and contiuue
d4ring the period uf this contract, and stall
have all the rights and powers possessed by
corporations generality as defined by the
presens civil Code OF Lae state, aati shall be
table tor th.s moneys herein directed 10 be
psid 10 the Treasurer of the state, aud tor
ali prizes 10 ba drawn in said lotteries, anu
stall De entitled % receive semi-annuaily
from he persp5s conlucting th1, business
uadAr this contract fifty per cent. Of ths not
profits OF III sad business.
Aad in consideration 0f the payment 81
said sun of thifty-ane milii d two hundred
and tiitS Thousand dollars III instailnents as
t,orssaid sali&osp0reti9n aud tie sh trrs Of
stock there's al tas business althorIz ID
by this c8NsFsS aud the revennesaaad re-
ceipts thereof, Shall be exempt from Ill taxes,
fues, assessments. iEpostions and Licenses
of any kind Wnateyer, whether state, parish,
municipal or otherwise.
The powers of said corporation shall be
vested in q board of directars, TO consist of
seven persoaS who NAV make and establish
rules aaa b5 laws for tho proper mansga-
Inent and regulation Of lis affairs. The per-
sons signing said declaration shall eansti-
tnte the first board Of directors and shall
serve for the term of one year from the time
of the iiling OF sad declara ion and until
thsir successors are dnly appointed.
Ali lotteries other than those authorized
by this article are prohibited iu this state,
| ,;n.ess by similar ame tCiment to this consti-
tntioa aud for not less than one million two
hundred aud fifty thousand dollars per an
mum. AL provisions OF tha constitution aud
laws Of tais state Inconsistent or in any way
| be supers 8eby.
S4ctioit Fl s--sait further enacted, that it
shall be the duty OF the Secretary OF State
to publish the foregoing proposed amend
ment III accordance vita the provisions OF
article two hundred aud ftty-six OF the con
sttfution wisNn ninety days after the first
day OF .Jsnnary, In the year eighteen hundred
aud ninsty-one.
Ssction III. --Ba it further enacted, That
at the next g8oeral election all electors who
desire to vote for said aIneodmeut shall
write or print upon their balls the words.
| For ths Leyees, Soho is, Ghar,Jies, Pen
s,ous Drainage Lotteries and General
Fand amendment aud all elec ors who
desire 10 vote at said election against said
smendnlant shall write or print upon their
ballots the words "Againss the Levees,
Schools, Chsri.ias, pensians, Drainag-, Lot
teries and General Fund amendment. :.
Secfon. ". Be it further enacted, That
ali officers caarged with elections or the
conduct of the renrns thereof under the
general election laws, shall at the tine
| they give n3tiee Of the sid general cleo
| ton also give notice of TIE election herein
ordered for the adoption or rejection Of the
proposed amendment, and shall without
other direction or authority than is herein
contained make due returns OF said election
iu conformity with the general election
| laws in so far as they ars not inconsistent
I with or in conflict with this act.
| tSigned1 s. P. HENRY,
Speaker Of the House of Representatives..
[Signedl JAMES JEFFRIEs,
Lieut. Governor and President of the
Senate. .s
(r~~~~) Witness my signature and the seal
LIS. of the State of Louisiana at the
(~~-o city of Baton Rouge, this 18th day
L. F. MASON,
Sseretarv of State