The Meridional. (Abbeville, La.) 1856-1906, 1892-01-16
PRONUNCIATION .
Proposed Amendment to the
Constitution Of tEle State of
Lotfsiasna by the General
Assembly I'm 1850.
STATE OF LOUISIANA,
)ffice of the Secretary of State


In pursuance of the provisions of the
Constitution, publication is hereby made
and given to theTqualified electors of the
State of Louisiana of the proposed amend
nents to the Constitution of this State,
which have been concurred in by two
thirds of all the members elected to each
house 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 pub
lished for the information of the electors
OF this State for three months preceding
the next election for Representatives,, and
which proposed amendments more fully
appear in the Joins Resolutions Nos. s110
and l54, which are hereinafter officially
published for the information of the qnal-
iiedflectDrs OF this State, and which Will
be Submitted to them for their approval
or rejection, at the next general election
which will be held on Tuesday the 10Th
day of April. 1882, lit being the Tuesday
next following the third Monday Of said
inonthl III such manner and form that the
qualified eie@tors may vote for or against
each amendment separately; and If a MAJ
iority of the qualified electors, voting at
said election, shall approve and ratify all
or either of said proposed amendments,
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. /.
Proposing an amendment to the Con-
stituti0n providing for the funding Of
the bonded debt of the city of New
Orleans, other than Premium Bonds,
into four per cent bonds: providing d
special tax of one per cent. to pay the
bonded debt of the city, and exempt
ing the said four per cent bonds from
taxation, and further authorizing the
said city to assume and pay such un-
paid claims of the Board of School
Directors of said city and parish which
it may find to be equltably due by said
board.o
SECTION /. Be ii resolged By the Senate
and House of Representatives of the State Of
Louisiana, ttU0-thirds Of all the members etec-
ted to each house ooRcmriag, That the fol-
lowing amendments to the Constitution
of the State be submitted to the electors
of the State at the next election for Rep
resentatives for tho 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. 5S of 1882
and to retire judgments now or hereafter
rendered against the city on floating debt
claims prior to 1879. entitled to be funded
under act No. 67 1884, the said city of New
Orleans is hereby authorized aud directed,
on and after the adoption of this amend
dation of the City Debt, bonds to be
known as the Constitutional Bonds of the
City of New Orleans. not exceeding 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 APP
piled 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 pur-
chase said outstanding bonds and Judg-
ments. or by exchanging the said Constr
tutional Bonds for bonds, on the terms
and in the mode prescribed by the Legis
iature. For the payment of the interest
and principal at maturitys of said Consti-
tutional Bonds, and other outstanding
bonds not retired under this amendment,
and for payment of the annual allotments
and premiums of the Premium Bonds of
said city, the said city is hereby author
azed and directed to levy annually, and
until the full payment of said bonds, g
special tax of one per cent. on all the real
and personal property of the city, said tax
20 be part of, and not in addition to the
tax of twenty mills and wo-tenths OF q
mill on the dollar of valuation now levied
Tor all purposes by the city of New Or
leans, and the said tax shall be paid over
as collected to, and be applied by the
board of Liquidation. to tho payment of
the interest and principal at maturity OF
said Constitutional Bonds, and outstaRd-
ing bonds not retired. and to the payment
OF the allotments of Premium Bonds and
premiums eXtant, in tho hands of holders.
Said tax is hereby declared to be the
contract right of the holders of all said
DOnds: and the exemption of said COnstl-
tutlonal Bonds from all taxation by the
City OF New Orleans and State OF louis