Feliciana sentinel. [volume] (St. Francisville, La.) 1877-1892, 1892-01-02

I hin or ill.In:aHA IsiS .eti,ry persons. sig
ujEyiES their co,EsfHt to X r u Z. the cor
pnrttium hereinafter .uanled,: and, The
said i, I'm, a. Morris shall file therewi- b
his h0,.d witt, yitJ.l aud solvent s:lrc.i. g,
rrsitle,,la of this STATE. in ihe s,II;, Of u q.
million, dollar. said bond 10 be in fay.r
Of and aecspteI by the 4 tditor Of tie
statG; the condition Of said bond shall
he that tfiu said Morris. his agents ar
assigns, stall pay 10 i1M St1ie Of louis
i,s4ia the said stnas -nf thirty lone million
two hundred and nifty ti,onsan.l .isila s
ut the dates aud ,in the manner here II
set out aid Ri:ltf faithfully perform all
the obligations he,e in contained, an
thereupon the persons signing the said
declarnfloii shall be thereby constituted
Incorporation under the name aud title
Of ''fhc Louisiana Lottery Com, ,auv,"
whescOf the capital stock shall be five
million dollars, represented by fifty
Thousand ssatc. of one hundred dollars
each. at leNxt twenty per cent. thereof
to- be forthwith fully paid up, aa,! wiaicl,
corporation shall be and continue dur
ing the period Of this cor tract. and shall
have all the rights aud powers POSSESS
ell by corporations generally rs detiH,t
by the. present Civil code of the State.
and shall nc liable for the moneys hcrc-
tn directed To- he paid {" the Trr"sarcr
of the STATE. ana for all prizes to DC
drawn IN said lotteries. aud shall he en-
titled to receive semi annually from the
persOns CONFLICTING til" b,sinc.;. unit:
this contract fstf per cent. af the re
profits "t ti,c sai1: buslu-as. and in con-
si,teratiVn VI the pa; menfof said sum
of t.Icty-onc million two hundred aud
fifty t:iuu:sand dol ars. in i.:stulimcn:s us
aforesaid. said corporation anu the sl,a-
res Of stock therein and the business: iu-
tfiortzcd by this contract and tho ~"vc-
MUGS ::..... -. ...->. shall OC OK
emptfrom all taxes. dmcs. assessments.
impOsitIOns and licenses Of amy Kind
| whatever. whether State. parish. muni-
cipal or otherwise. The powers Of said
corporation shall be vested in i board OF
directors to consist Of sevcn persons.
| bylaws for the proper management and
| regulation OF it's affairs. The persons
sig ming said declaration shall constitute
| the first board of directors and shall
serve for the term OF one year from the
time of the fling of said declaration and
| until their successors are duly appoint
cd. -.
All lotteries other than those anthor-
lied by this article are prohibited in this
State. unless by similar amendment to
this Constitution ana for not less than
one million two hundred and fifty thou
sand dollars per annum. All provfs-
ions Of the Constitution and laws Of this
| State Inconsistent or in any way cOnfiic-
| ting with this article are declared to be
| superseded hereby.
SEC. z. BE 1t further eeacted, That
| ii shall he the duty Of the Secretary of
| State 10 publish the foregoing proposed
amendment in accordance with the pro
visions of article two hundred and fifty
six Of the Constitution, within ninety
! days after tho first day Of January in the
| year eighteen hundred and ninety one.
SEC. g.! Be il further enacted, That
| ut the next general election all electors
| who desire to vote for said amendment
I shall write or print upon their ballots
| the words. -"FOr the I.cvces, Schools,
! Charities, flensioas. Drainage, Lottcr-
| los and General Fund amendment" and
all electors who desire to vote ut said
| election against said amendment shall
| write or print upon their ballots the
words, against the Levces, Schools.
| Charities, Pensions. Drainage. Lotter-
| les and General Find ameudment.'
SEC. I. Re it further enacted, That
all officers, charged with elections or the
I conduct OF the returns thereof underline
! general elettfOn-laws, shall ut the time
they give notice eff the said general cleo.
I ton also give notice OF the election
herein ordered tor the adoption or re-
| shall without other direction or author
ity than Is herein contained make duo
returns Of Said election in conformity
with the. general election laws in SO f:l
as they arc. not inconsistent with Or in
cEt!ict with this act.
| JSiIued1 $. l.. HENRY,
| Speaker Of, the House of Representatives
! TSirncl1 JAMES JEFFRIES.
Lieut.. G on. and Prc'st. of the Senate
| Witness MY signature and the seal OF
! the State of Louisiana at the city Of Ba
ton Rouge. this 10th day Of August
1891.
tseal srcnr 4: Fl; a aH s2S1x.
| Gvoxv