The Houma courier. (Houma, La.) 1878-1939, 1892-02-06
PRONUNCIATION.
Proposed Amendments to the Con
stitutiOn of the state Of LOui-
siana, Adopted by the
General Assembly in
ISQ0.
A OF LOtTsTANA. J
OFFICE OF THE sEoRETARYoF STATE.

OFFICE OF THE SECRETAIYO OF STATE. 4
In pursuance of the provisionsof tbt
Constitution publication is hereb,
made and given to the qualified elee,
tors of TIE State of Louisiana of The
| proposed amendments tOthe Constitu.
ton of this State, which have beer
%cOnLurred in by tWo-thirls of all the
members elected to eaclI house of the
General Assembly Of this State, at thu
regular session thereof, held at the
City Of Baton Rouge in the year 1890
and which are required to be published
for the information of the qualified
electors of this State for three months
preceding the next election for Repre-
sentatives, and which proposed amend.
ments more fully appear in Joint ResO
~lutions Nos. ITO and I54, which are
hereinafter officially published for the
information OF the qualified electors. o.
this State, and which will be submitted
to them for their approval or rejection.
Mt the next general election which will
he held on Tuesday the 10Th day OF
April, 1892, tit being the Tuesday next
following the third Monday of said
mouth i'll such manner aud form that
the qualified electors may vote for OF
against each amendment separately ;
and tia majority of the qualified cleo
tors, voting at said election, shall APP
prove and ratIfy all or either of said
proposed amendments, then such pro
posed amendments, or either of them,
so approved and ratified, shall become
Il part of the Constitution of this
State,
JOINT RESOLUTION NO. 10
AMENDMENT NO. /.
proposing an amendment to the Con-
stitutiOn providing forthc funding of
. the bonded debt Of the city of New
Orleans, other than Premium Bonds.
into four pei cent bonds; providing
IL special tax of one per cent to pay
the bonded debt OF the city, aud
oxempting the said tour per cent.
bonds from taxation, and further
authorizing the said city to assume
and pay such unpaid claims of tho
Board of School Directors of said
city and parish which it may find TO
be equitably due by said Board"
SECTION l.. Be it fesolred by the Sen.
ate and House Of Representatives of the
State Of Louisiana, tlCO, thirds of ali
the members elected to each house con-
curing, That the following amendment
to the Constitution of the State be
submitted to the electors of the State
at the next election for Representatives
tor the General Assembly in the year
1892, for the purpose of retiring the
now existing valid outstanding bonds
of the city of New Orleans, including
the bond certificates or bonds issued
under the act of the Legislature No.
So of 1882 and to retire judgments nOw
or hereafter rendered against the city
Oh floating debt claims prior to 1879,
entitled to I've funded under act No.
E67 of 1884, the said city6fNew Orleans
is hereby authoGiZedfand directed, on
and after the adoption of this amend
ment, to issue through the Board Of
Liquidation Of the City Debt, bonds to
be known as the Constitutional Bonds
EOf the City of New Orleans, n0texceed-
ing ten millions of dollars, at fifty
years, bearing four per cent per annnm
interest, to bear, date and he IN The
form prescribed by the Legislature.
The said bonds shall be applied by the
said board to the retirement of said
outstanding bonds and judgments, by
the sale Of said Constitutional Bonds,
and application of the proceeds of sale
by the Board of Liquidation, to pay or
purchase said outstanding bonds and
Judgments, or by exchanging the said
Constitutional Bonds for bonds, on the
terms and in the mode prescribed by
the Legislature. For the payment OF
the interest and principal at maturity
Of said Constitutional Bonds, and
other outstanding bonds not retired
under this amendment, and for the
payment of the annual allotments and
premiums of the Premium Bonds Of
said city, the said city is hereby au-
thonzed and directed t0levy annually,
and until the full payment of said
! bonds, IL special tax OF II per cent.
on ali the real and personal properly
of the city, said tax to be part of, and
not in addition to the tax Of twenty
mills and two tanths OF II mill on the
dollar of valuation cow levied for all
purposes by the city of New Orleans,
and the SAID tax shall be paid over as
collected to, and be applied by the
by the Board of Liquidation, to the
pay ment of the interest and principal
at maturity of said Constitutional
Bonds, and outstanding bonds not re-
tired, and to the payment of the allot-
ments of Premium Bonds and premi
ums axtant, in the hands of holders.
Said tax is hereby declared to- he the
contract right OF the holders of all said
bonds; and the exemption Of said 'On
stitatioMal Bonds from all taxation by
| the City If New Orleans and State OF
LOuisiana is hereby recognized and
declared. and after payment of all the
| annual interest on said Constitutional
! Bonds and bonds not retired and the
payment of The said annual allOtments
| Of Premium Bonds aud premiums OK
tant in the hands of holders, and aitel
making provisions for IA sinking fluid.
at such tfme and OF such an amount as
the Legislature plesctihes. the surplus
| Gt said one per cent shall be dispOseu
of us prescribed by he Legislature.
The act passed al the present ses
sion No. 36 cntItirt "An act to ciury
into effect the CONSTITUTIONS amend
ment passed at The present session
relative TO the h0nd drbt Ot New OF,
leans" etc.. be AID H. hereby approve,
and conf med IN .5l it's paSfs as ii CON
tract bet xeeli the IlfS ri NV 0iletn,
and the holders OF SAID Gnnotirpuanp
Bonds, Premium RoDds aud OF III,
bonds outstanding not retired as atOrt,
said. E.
SDorYoN Ro If IuIJbo,. ,oeoI,,oJ