The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-03-26
OFFICIAL,
PRONUNCIATION Of Proposed Amendments
to the Constitution Of the State Of
Louisiana, Adopted by the Gen.
eral Assembly in 1890.

to the Constitution OF the State Of
Louisiana, Adopted by the Gen.
sral Assembly in 1890.
STATE OF LOUISIANA, I
OYucI OF TIE SECONDARY or SrArH.
In pursuance of the provisions of the
Consultation, publication Il hereby made
and given to che qualified electors of the
State of Louisiana Of the proposed amend
ments 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, ct the regular session thereof. held
at the city Of Baton Roug, in the year
1890, and which are required to be pub
lished for the information of the qualified
electors eff this State for three months
preceding the next election for kepresen-
tatives, and which proposed amendments
moro fully appear in Joint Resolutions Nos.
ITO and l54. which are hereinafter official
ly published for the information OF the
qualified electors of this State, and which
will be submitted to them for their APP
prevail or rejection ut the next general eiec-
ton, which will be held on Tuesday, the
18th day Of April. 1892, lit being the Tues
day next following the third Nonday Of
said month"; in such manner and form that
the qualified electors may vote for or
against each amendment separately; and
il majority of the qualified electors vot-
ing ut said election shall approve and rati-
fy oil CT either Of said proposed amend
ments. then such proposed amendments or
either of them 30 approved and ratified
shall become part Of the Constitution Of
this State.
Joint Ressmltios Ne. l1O--AmeadmeRf Ne. l..
Proposing an amendment to the Constitu-
ton, providing for the funding of the
bonded debt of the city of Now Orleans,
other than Premium Bonds, into four per
cent bonds; providing . special tax of
one per cent. to pay the bonded debt of
the city. and exelnpting the said four per
cent. binds from taxation and further
authorizing the said city to assume and
pay such unpaid claims of the Board of
school DiroctO.s Of said city and parrish
which it may hnd to be equitsbly duo
by said board.
SECTION I. Be- II resslred. BY the Senate and
Hexse o. Representatives. ef the State Of Lon-
isiaxa, wsfhirds # all ils members ele ted to
each hose csxcxsrisg, That tho fUil0wing
amendments II, the Constitution of the
State I've admitted IL the electors Of tho
State at the next election for Representa-
tives for the General Assembly Ia the year
1892. for the purpose Of rriiIing the now
existing valid outstanding bonds Of tho
city Of New Orleans, including the bond
certificates or bonds issued under tie act
Of the Legislature No. So of 1882, and to
retire Judgments now oil hereafter render
ed against the city on floating debt Claims
prior to 1879, entitled t. BE- fund Il under
oct No 81 If LISA. che sail City of New Or
leans 10 hereby authorized aud directed. on
and after the adoption Il this amendment,
TO issue through the Board If Liquidation
OF the City Debt. lsand. 10 be known ~ the
CoratitItional l!o'.ds ct the City Of New
Orleans, not exceeding ten millions OF dol
lars. ut fifty years. heA ing i"nr per cent
per anniim interest l., ieas i,'s ard be ia
the torn prescribe BIZ the Legislators -
Tho said bonds shall bs applied By the
said board to the refinement of said out
standing bonds AID Judgments, by the sale
Of said constitutional bonds, and applica-
ton of the proceeds OF sale BIZ the board
Of liquidation. to pay or purchase said out
standing bonds and judgments, OF By cx-
changing the said constitutional bonds for
bonds, ON the terms and in the mode pre-
scribed by the Legislature. For the pay
ment Of the interest and principal at ma
maturity of said constitutional bonds. and
other outstanding bonds rot retired under
this amendment, and for the payment OF
the annual allotments and premiums OF tho
Premium Bonds of said city, the said city
Is hereby authorized and directed to levy
annually, and until the full payment of
said bonds. tax Of one per cent on all the
real and personal property of the city
said tax 10 Be part Of. and not in addition
to, the tax of twenty mills and two-tenths
Of mill on the dollar Of valuation now
levied for all purposes by the city Of New
Orleans, and the said tax shall be paid over
as collected to, and be applied by the board
If liquidation to the payment of the in
tercst aud principal at maturity of ssid
constitutional bonds, and outstanding bonds
not retired, and to the payment of the al
iotments of premium bonds and premiums
extan: in the hands of holders.
Said tax is hereby declared to be she
contract right Of the holders If all said
bonds; and the exemption of said consti-
tutional bonds from all taxation BY the
city of New Orleans and State or L0uisi-
ana il hereby recognized and declared, and
after payment of all the annual interest
on said constitutional bonds and bonds not
retired. and the payment of the said an
nual allotmsnts Of premium bonds and
premiums extant In the hands of holders,
and adkcr making provisions for sinking
fund, at such time and of such an amount
as the legislature prescril,cs, the surplus Of
said Que per cont shall be disposed Of as
prescribed by tho legislature.
The act passed. At the present session.
Nc. IS, entitled IAN act to carry into ef-
feet the constitutional amendment passed
at the present session rel,tive to the b n
debt of the city Of Nov Orleans" etc, b.
and is hereby approved and confirmed In
all its parts ~ q contract betwee the city
of New Orleans and the boiders of said
constitutional bonds, premium bonds, and
of the bonds outstanding not retired AZ
aforesaid.