The Meridional. (Abbeville, La.) 1856-1906, 1892-02-13
PROMULG ALTON.

sTATE0F LoUIsI MA, I

IgEiSG o. tDt iJeEFfJs4[f ttI s3bitlU
In pursuance of the provisions OF the
Constitution. publication is hereby niatls
and given tn the qualified electors OF the
State of i.Ouisiana of the proposed amend
lnents to the Constitution OF this State.
which have bcen concuTTcd in ty two
thirds Of All the members elected to each
hn,lss of the General Assembly OF this
state, at the regular session thereof, keld
at the City Of Baton Rouge in the year
iSaD, and which are required tp be pub
lishtsl for the Information of the electors
ef this State for three months preceding
the next elcctienfn for Representatives., and
which proposed amendments more fully
appear III the Joint Resolutions Nos. ITO
and I54, which are hereinafter aiiiclally
published for INSTRUMENTATION of the qual :.
flied electors of this State. and whlch Will
he Submitted tp them for their approval
~ rejection. mt tha next general cIectian
which viii l,o lseid oa Tuesday the 18th
day of 4 prii, lS!la, Git being the Tuesday
next following the third Monday Of said
month"; in suchinanner and form that the
qualified electors May vote for or ;tgaifst
each amendment separately; and if II ma
jurity of the qualified electors. voting ut
said election sh8ll approve and ratiiy all
or either of said proposed amendments,
then such proposed amendments. or either
of them. 80 approved and ratified. shall
become part Of the Constitution Of this
State.
sJOlNI# hEEOIsO ilN5N NJ. IIu-fi3AGND-
MENT NO. I.
Proposing an amendment. to the Con-
stitution providing for the funding of
the bonded debt Of the city of New
Orleans, ether than Premium Bonds,
into four per cent bonds; providing u
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
il may find to be eqaltably due by said
board
SECTION !. Be q rcso.red 6y zee . Senate
and H0use of Representatives Of the State of
EoaissGaa, ttUo-thirds Of all the members etoc-
ted no each hoasc eoncarring, That the fol
lowing amendments to the Consultation
of the State be submitted to the electors,
of the State mt the next election for Rep
resentativee for the General Assembly IN
the year 1892. fer the purpose ct retiring
the now existing valid outstanding bonds
of the city of New Orleans, inclHding the
bond certificates ar bonds issued under
the act Of the Legislature No. SO of 1882
and to retire judgments now or hereafter
rendered against the city On noatlng e dept Z
claims prior to 1870. entitled to be funded
under act No 81 1884, the said city of New
Orleans in herehy authorized and directed.
on and after the adoption Of this amend
ment, to issue through the Board of Liqni-
dation of tho City Debt bonds. to be
known ar the Constitutional Bonds Of the
City of New Orleans, not exceeding Ten
millions of dollars at fifty years, bearing
four per cent. per anItum interest, to bear
date and be in the form prescribed by the
Legislature The said bonds shall be ap-
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
tho Board of Liquidation, to pay or pnr-
chase said outstanding boDds and Judg-
ments. or by exchanging the said Constl-
and in the mode prescribed by. the Legis-
latrire. For the payment of the interest
and principal at maturity. of said Consti-
tutional Bnnda. aud other outstanding
bonds not retired under this amendment.
and for payment of the annual alletments
and premiums of the Premium Bonds Of
said eity, the said city is hereby author
lied and directed to levy annually, and
until the full payment of said bonds 2
special tax Of one ner cent. on all the real
and pers1ral property of the CITY, said TAX
to he part of. and not III addition to the
tax of twenty mills and tive tenths OF a
mill on the dollar of valuation now levied
for all purposes by the city of New Or
leans. and the said tag shall be paid over
ae collected to. and be applied by the
Board of Liquidation, to the payment OF
the interest and principal at maturity Of
aaid ConstitQ tional Bonds. and outstand-
ing bonds not retired and to the payment
of the aliotments of Premium Bonds and
premiunas extant in the hands of holders.
Said faxSie hereby declared to be the
contract right OF the holders of AL said
bonds. and the exempt on of eaid Consti-
f,ifionsl Ronde from all taxation By the