The Meridional. (Abbeville, La.) 1856-1906, 1892-04-16
ALTON.
Proposed Anne ntlEnents to tIae
e. institution spf the State OF
Louisiana byr tiae General
Assembly im 1880.
STATE OFhLOUIS1ANA.
Office of the Snc.retarY nf State


In pursuance of tile provisions of the
CONSTITUTIONS publiebtIon liz hereby made
and given to the qualified electors of The
State of Louisiana pfytlle proposed amend
mrnts to the Constitution of this State,
which have been Gbncurred in by two
thirds of all tho members elected to each
huiise of the General Assembly of this
State. mt the regular session thereof, held
mt the City of Baton Rouge in the Year
lSaih and which are required to be pub
li>hed for the information of the electors
of this State for three months preceding
the next election for Representatives,, and
which proposed amendments more fully
npppar in the Joint Resolutions Nos. 40
and 154, which ale hereinafter officially
published for the information of the quail
iticd electors of this State and which will
he submitted to them for their approval
or rejection, at the next general election
which will be held on Tuesday the 18th
Stay of April 1892, lit i,ein1 the Tuesday
NEXT following the third Monday OF said
month"; in such manner and form that the
qualified electors may vote Tor or against
each amendment separately; and il IL ma
iority Of the qualified electors, voting at
said election. shall approve and ratify all
nr either of said proposed amendments,
thon such proposed amendments, or either
of them, so approved and ratified, shall
becnme a part OF the Constitution Ut this
State.
JOINT RESOLUTION NO. 11O-AMEND-
MENT No. !,
Proposing an amendment to the Con-
stitutien providing for the funding Of
the bonded debt of the city of New
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 exempt
ing the said four per cent. bonds from
taxation, and further authorizing the
said city to assume and pay such nn-
paid claims OF the Board of School
Directors of said city and parish which
it may, find to be eqilltably due by said
board"
SECTION !, Be u resolrcd by the Senate
and Honseef Representatives of the State of
LOHisidad fir0- thirds Of all the members cleo
Ted TO each heass coacniring, That the fol-
lowing amendments to the Constitution
ut the State be submitted to the electors
0f the State Mt the next election for Rep
resentatives 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. 50 of 1882
and to retire judgments now or hereafter
claims prior to 1879. entitled to be funded
nRter act No 81 1894, the said city of New |
Orleans is hereby authorized and directed. |
on and after the adoption Of this amend |
iacnt, to issne through the Board of Liqui- /
.lation of the City Debt, bonds to be |
known as the constitutional Bonds of the |
City of New Orleans. not exceeding ten
millions of dollars, ut fifty years. bearing |
four per cent. per annum interest, to bear
date and be i'm the form prescribed by the
Legislature. The said bonds shall be ap-
Piled by the said board to the retirement
nf SaiA rtSka hon do md ind 70
by the sale of said Constitutional Bonds,
and application of the proceeds of sale by
the Board of Liquidation, to pay or pnr-
chase said outstanding bonds and judg-
ments, or by exchanging the said Consti-
tntional Bonds for bonds. on the terms
and in the mode prescribed by the Legis-
iatnre. For the payment OF the interest
and principal at maturity. OF said Constl-
tutional Bonds. and other outstanding
bonds not retired under this amendment.
and for payment of the annual allotments
and premiums of the Premium Bonds of
said city, the said city is hereby author
lzed and directed to levy annually, and
until the full payment of said bonds,
special 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
tor all purposes by the city of New Or
leans, and the said tax shall be paid over
as collected to, and be applied by the
Board of Liquidation. to the payment of
the interest and principal at maturity of
said Constitutional Bonds. and outstand-
Ing bonds not retired, and to the payment
OF the aliotments of Premium Bonds and
premiums extant, in the hands Of holders.
Said tax is hereby declared to be the
contract right of the holders of all said
bonds: and the exemption of said Consti-
tmtlonal Bonds from all taxation bv the
City Of New Orleans and State Of Louis /.