The Bossier banner., 1892-02-25
PRONUNCIATION.
Proposed Amendments TO the Con-
stitutiOn of the State of Louisiana,
Adopted by the General Assembly
i'm 1890.
STATE OF LOUISIANA, J

STATE OF LOUISIANA,
| Office of the Secretary of State. {
| In pursuance of the provisions OF the Consti-
Il tuition, publication is hereby made and
| given to the qualified electors of the State OF
| Louisiana of the proposed amendments to the
! Constitution of this State, which have been
-cOncurred in by two-thirds of all the members
| elected to each hOnse of the General Assembly
| OF this State, at the 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 Representatives, and which pro-
posed amendments more fully appear in Joint
Resolutions Nos ITO and 154, which are here
matter officially published for the information
of the qualified electors of this State, and
which will be submitted to them for their ap-
prOval or rejection, at the next general election
which will be held on Tuesday the 18th day of
April, 1892, lit being the Tuesday next follow
| ing the third Monday of said month"; in such
manner and form that the qualified electors
may vote for or against each amendment
| separately; and if majority of the qualified
electors, voting at said election, shall approve
and ratity all or either of said proposed amend
mentS, then such proposed amendments, or
| either of them, so approved and ratified shall
become part of the Constitution OF this State.
JOINT RESOLUTION NO. 11O-AMEND-
MENT NO. 1.
Proposing an amendment to the Constitution
providing for the funding of the bonded debt
of the city of New Orleans, other than
Premium Bonds, into four per cent bonds;
providing special tax of one per cent to
pay the bonded debt of the city, and exempt
ing the said four per cent bonds from taxa
tlOn, and further authorizing the said city to
assume and pay such unpaid claims of the
Board os School Directors of said city and
parish which it may find to be equitably due
by said board"
SECTION l. BE it resolred by the Senate and
House of Representatives. of the State of Loati-
sta1a, t'co-thirds of all the members elected to
each house eOncsGrriag, That the following
amendments to the Constitution of the State
be submitted to the electors of the State at
the next election for Representatives for 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 rem
dered against the city on floating debt claims
prior to 1873 entitled to be funded under act
No. 81 of 1884, the said city of New Orleans is
hereby authorized and directed, on and after
the adoption of this amendment, to issue
through the Board of Liquidation of the CITY
Debt, bonds to be known as the Constitutional
Bonds of the City of New Orleans, not ex-
ceeding ten millions of dollars, at fifty years,
bearing four per cent. per annum interest, to
bear date and be 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 Liani-
dation, 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 Constitu
tional Bonds, and other outstanding bonds not
retired under this amendment, and for the
payment OF the annual allOtments and prem
lums of the Premium Bonds of said citV. the
said city is hereby authorized and directed to
levy annually, and until the full payment of
SAID bonds, a special tax of one per cent On all
the real and personal property of the city, said
tax to be part of, and not in addition to the tax
OF twenty mills and two-tenths of a mill on the
dollar OF valuation DOW levied tor all purposes
Dy the city OF New Orleans, and the said tax
shall be paid over as collected to, and be an
Piled by the Board of Liquidation, to the paw
ment OF the interest and principal at maturity
OF said Constitutional Bonds, and outstand- |
ing bonds not retired, and to the payment of |
the all0tments OF Premium Bonds and prem
inns extent, in the hands of holders.
Said tax is hereby declared to be the contract |
right OF the holders of all said bonds; and the |
exemption of said Constitutional Bonds from |
all taxation by the City of New Orleans and |
state OF Louisiana is hereby recognized and |
uOOldiou, anu diter payment OF all the animal |
Interest on said Constitutional Bonds and |
bonds not retired and the payment of the said |
annual alloJments of Premium Bonds and
premiums extant in the hands of holders, and |
a1ter making provisions for a sinking fund, at |
such time and of such an amount as the Tegis
nature prescrl6es, the surplus of said one per
cent shall be disposed of as prescribed by the |
Legislature.
The act passed at the present session No, 36
e9titled An act TO carry into effect the Con-
stiIetlohai amendment passed at the present
session relative to the bond debt of Ibe CITY of
New Orleans ETC., be and is hereby approved |
ana confirmed in all its parts as a contract
between the City of New Orleans and the
holders OF said Constitutional Bonds, Premium
tired as aforesaid.
SECTIoN2. Be it further resoLred, etc.. That
the city OF New Orleans be and is hereby an
and empowered to examine into and
assume the payment of the claims or obIipa
tions OF the Board of School Directors for fhe
city and parish of Orleans due for the wears |
1880, 1881, 1882, 1883 and 1884, now in the hands
OF original owners, who have in nowise parted
with their right of ownership or pledged the |
same, as may be found to be equitably due bV
SAID board for services rendered, labor per
lofmea OF materials furnished by authority of
SECTION 8. Belt further resolred, etc., That
all electors voting at said election for said
amendmt Mt shall place upon their ballots the
words, FOR the city of New Orleans debt
amendment" and all electors voting at said
9lection against said amendment shall nIaee
IN their ballots the words, Against the Civ
II New Orleans debt amendment"
JOINT RESOLUTION NO. 14-AMEND-
MENT NO. g
proposing to submit to the electors of this
state an amendment to article two hundred
and @ tWenty-nine t229l of the Constitution of
ioI9, relative to Public Education"
4 .sh1 oEoIioN !. ;, ne u resoLUed by The General
assem6ty Of the State of Louisiana, t,co-tkirds
me members elected to each house co,ctrriao
eere'n, That article two hundred and twenty.
me OF the Constitution of eighteen hundred
'no seventy-nine, be amended and re-enacted
o as to read as follows, viz:
, Article 229-The school funds of this State
hail consist of: l. The proceeds of to xation for
chooi purposes as provided in this Constitn-
ION; ,Ihelnterest on the proceeds of ali nuhIic