The Houma courier. (Houma, La.) 1878-1939, 1892-02-20

Proposed Amendments to the Con
stitutiOn Of the state Of LOui-
siana, Adopted by the
General Assembly in
1890.
A OF LOUISIANA,

OFFICE OF H SECRETARYoF STATE.
In pursuance of the provisionso of the
Constitution, publication is hereby
made and given to the qualified cleo
tors of the State of Louisiana of the
proposed amendments tothe Constitu-
ton OF this State, which have been
cOnCurred in by t%wo-thirds of all the
members elected tossueh house of the
General Assembly bis 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 Repre-
sentatives, aud which proposedamend-
ments more fully appear in Joint Reso-
~lutiOns Nos. ITO and T54, which are
hereinafter officially published for the
information OF the qualified electors, of
this State, and which WILDE submitted
to them for their approval or rejection,
at the next general election which will
be held on Tuesday the 10Th day OF
April, 1892, lit being the Tuesday next
following the third Monday of said
month"; in such ann and form that
the qualified electors may vote for or
against each amendment separately ;
and if a 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
a part of the Constitution of this
State.
JOINT RESOLUTION NO. 10
AMENDMENT NO. l.
"PrOposing an amendment to the Con
stitution providingfor the funding of
the bonded debt of the city of New
Orleans, other than Premium Bonds,
into four per cent bonds; providing
a special tax of one per cent to pay
the bonded debt OF the city. and
oxempting the said four per cent.
bonds from taxation, and further
authorizing the said city to assume
and pay such unpaid claims of the
Board of School Directors of said
city and parish which it may find {
be equitably due by said Board"
SECTION /. Be 1t resolved 6g the Sen
ate and House Of Representatives of the
State of Louisiana, taUO- thirds Of all
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 thenext 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 rendered against the city
OH floating debt claims PRIOR to 1879,
entitled to lie funded under act No.
81 Of 1884, thesaid city ofNew Orleans
is hereby authorized and directed, on
and after the adoption of this amend
ment, to issue through the Board of
Liquidation of the CityDebt, bonds to
be known as the Constitutional Bonds
of the City of New Orleans, notexceed-
ing 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 saidas shall be applied by the
said bog be retirement of said
GUSTAV and judgments, by
the sal Institutional Bonds,
and APP s6nsof the pr oceeds 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, aud
other outstanding bonds not retired
under this amendment, and for the
nRYment of the annual allotments and