The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1892-01-16

cent. thereof to be forthwith fully paid up, and
which corporation shall be and continue during
the period of this contract, and shall
have all tho rights and powers Possessed
by corporations generally as defined
b. the present Ciyii Code of the State,
and shall be liahle for tho money herein
directed 10 be paid to the Treasurer OF the State,
and 10y al prizrs 10 10 drawn il s1id lotteries.
and shall ~ entitled 10 receive semi annually
from the pcr-ons conducting the business under
this contract fifty pe- cent, of the net profits OF
the raid EU5incss, and ia consideration of the
payment Of said sun Of thirty-oue million two
hundred ind fifty thousand dollars, in INSTALL
mcnts "a aforesaid, said corporation and the
shares OF stock therein and the business author
lied ~ this contract Gld the revenues and re-
ccip;s thcreof, shall 0e exempt from all taxes,
tues, assessmentr. impositouB ard licenses OF
any kind whatever, whether State. parish, mu-
nicipal or otherwise. Tie powers OF said cor
poratol shall bo vested in board Of directors
To consist Of seven persons. who may make and
establish rules ard by-lnws Cor the proper man
afe!nent and regulation az its affairs. The per-
sons signing said declaration rhall constitute
Tho first board Of directors ard shall Terve FOR
tho torn of one year from tho time Of tho flipR
of said declaration and until their succeseors
are duly appointed.
All lottories other than those authorized by
this article ara prohibited in this State, unless
by similar amendment tp this Constitution and
for not lees than one million two hundred ans.
| fifty thousand dollars ,rr annum. All provi-
sious Of the Constitution and laws of this State
| Inconsistent or ia any wsy conflicting with this
: 4. l.. Ii
! Si.c.2. 30 il further enacted, That il shall be
the duty OF tho SECRETARY Of State 70 publish The
| foregoing amendment in accordance with the
provisions OF article two hundred aud fifty six
Of toe Constitution, within ninety days after
| the first day uf January in the year eighteen
/ hundred and ninety-one.
sr.'. ?. 10 j. further enacted, That ut ;hs
next election nil electors who desire Ia vote foI
said arncn,imoa' shall write OF print upon theii
hl,Irts tho words, "foT the ievca=, schOols
| Charities Pensions. Drainage, Lotteries anC
I G,rer,l Fund rmct.dn,nt." and all electors who
DESIRE 20 vote az tail election against s'.it
nmcuds-nt sinai W rite or print upon ttnir bal
! lots tl., words, "aIria-l ,hH I.cycos, 'rhuols
Charij.,a D7aiu""r l.uttc. ,ce an, ,icncydl Fant
amcn..uc1f."
Sac. {. Re- 70 further e-acioi, 1ha; ali oliicer'
charged with elections or tine conduct OF the ~
'urIs thereof uudpr ,he general election laws
rhall ri the tiHo they give notice vt the saic
general election si-o s..e notice of the election
hove Ordered 'nr the a,,uptiun or rejection of The
prnID r,i gtggl'iup,t, AID shall without othei
authority than il heron contained mike due r.
turns 81 said election ia conformity with th'
general election laws in so far ~ ;hcy MOI
! inconsistent with or in conflict with this act.
lSianoA $. Z. HENRY,
Speaker OF the House of Representations.
lSignedi JAMES JEFFRIES,
Lieut.. Governor and President Of the senate.
Witnesses my signat ara and the seal Of the Stat
u Louisiana at TIE city of Baton Rouge, this g
day Of Auyucst 1891. l.. I. MASON.
ISoali Secretary of State.