The Houma courier. (Houma, La.) 1878-1939, 1892-01-16
III HOUMA COURIER.
PROMULGATION.

PRONUNCIATION.
Proposed Amendments to the Con
stitutiOn Of the state OF LOui-
siana, Adopted by the
General Assembly in
1890.
STATE OF LOUISIANA,
OFFICE or THE SEoRETARYoF STATE. s
In ~pursuance of the provisions of the
Constitution, publication is hereby
made and given to the qualified cleo
tors of TIE State of Louisiana of the
proposed amendments tothe Constitu-
ton OF this State, which have been
conCurTed in by twO-thirds of all the
members elected to zach house OF the
General Assembly of this State, at the
regular session thereof, held at the
CITY of Baton Rouge in the year 1880,
and which are required to bepublished
for tlie 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-
buttons Nos. ITO and l54, which are
hereinafter officially published for the
information OF the qualified electors. 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, 1899, tit being the Tuesday next
following the third Monday of sand
monthly in such II aud form that
the qualified electors may vote for or
against each amendment separately ;
and if ii majority of the qualified cleo
tors, voting at said election, shall APP
prove and ratlfy all or either of said
| proposed amendments, then such pre-
posed amenameu is, 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 providing for the funding oil
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. and
exempting the said four per cent
bonds from taxation, and further
authorizing the said city to assume
and pay such unpaid claims of thu
Board of School Directors of said
city and parish which it may find tC
be equitably due by said Board"
SECTION l. Be it reSOEred By the Sen
ate and HoASe Of Representatives of til,
State Of Louisiana, tWo thirds IF al
the members elected to each house con.
curing, That the following amendment
to the Constitution Of the State bt
submitted to the electors of the STATE
at thenext election for Representative
tor the General Assembly in the yea
1899, for the parpose of retiring tn,
now existing valid outstanding bond
of the city Of New Orleans, includin!
the bond certificates or bonds iSsuyt
uuder the act of the Legislature No
So ofISS2 aud to retire judgments nov
or hereafter rendered against the CT.
OH floating debit claims PRIOR to 1873
entitled to he funded under act No
81 of 1884, thesaid city ofNew Orlean.
is hereby authorized and directed, OF
and after the adoption of this amend
ment, to issue through the Board q
Liquidation of the City Debt, bonds t,
be known as the Constitutional Bond
of the City Of New Orleans, nUteXceed
ing ten millions of d~Ollars, at fit
years, bearing four per cent per annul
interest, to boar date and hc ID th
form prescribed by the Legislature
The said bends shall be applied by tn
said board to the retirement If sal
outstanding bonds and judgments, II
the sale OF said Constitutional Bonds
and application Of the proceeds of sal
by the Board of Liquidation, to pay q
purchase said outstanding bonds an
Judgments, or by exchanging the sal
Constitutional Bonds for bonds, on tn
terms and in the node prescribed b
the Legislature. For the pay ment
the interest and principal ut maturity
of said Constitutional Bonds. an
other outstanding bonds not retire
under this amendment. and l0r til
payment of the annual allotments an
premiums of the Premium Bonds ,
said city, the said city is hereby au
thorIzed and directed tOleyy annually
and until the full payment of sal
, bonds, a special tax of IL per cen.
on all the real and personal prOperG
of the city, said tax to be part of, an
, not in addition to the tax Of invent
mills and two tenths of a mill on til
dollar Of valuation Low levied for a
purposes by the city of New Orlean:
and the SAID tax shall be paid over Il
collected to, and be applied by tn
BY the Board of Liquidation, to tn
b. payment Of the interest and principe
at maturity of said Constitutions
Bonds, and outstanding bonds not re
tired, and to the payment of the aflot
/. ments of Premium Bonds and premi
ums axtant, in the hands of holders.
Said tax is hereby declared to be til
contract right OF the holders ofalf sal
bonds; and the exemption of said ton
stitutioRal Bonds from all taxation b
the City of New Orleans AID State {
Louisiana is hereby recognized an
declared, and after payment of aH th
annual interest on said Constitutions
Bonds and bonds not retired and til