The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1892-01-09

ouisana Lottery Company. whe' eOf the
apital stock shall be Ave million dollars, re-
presented by fifty thousand shares of onr
hundred dollar. each. at least twenty per
ce t. thereof tn he forth iih fully paid IN
and which carporarion shat1 he and continue
during the period of th,s contract. aud shall
have all the rights and pawers possessed bv
corporations generally AZ defined by the pre-
sent Civil Coae of the State, and sh I'll be liza
hle for the moreys herein directed to he paid
TO the Treasurer of the State. and fur al
prizes tn be trawn in said lntfeties, aud aha
he entitled to rereve semi annually from til.
persons conducting the business under this
contract fifty per cent Of the ret profits -
the said business. and in consideration Of til.
avment of said aum of thirty one million
fwo hundred and fifty thousand dol ars in
inst allments IA aforesaid. Rsid corporation
and the shares of stock therein and the busi
ness authorized by this contract and the rev
enufs and receints thereof sha'l be exempt
frnm all taxes, dues assessments. imposltions
and licenses of anv kind whafs yer. whether
State. parish municipal or otherwise The
covers nf said cnrporatian shall be vested
board ot directors to consist of seven
peisons, who may make and establish rules
nd bylaws fo: the proer management and
guation of its affairs. TIE persnns 81 m
ng said d-ce "a tinn aiiail constitute the first
hoard "f directors and ahall serve Tor the
term of one year from the time of tine filing
f said declaration and until their successors
are duly appointed.
All lotteries other than those authorized
by this article are nrnhihited in this State.
IN ess by simlar amendment tn this Consti.
tntian and for naf less than pue million two
hundred and fiffy Thousand dollars per an
mum. All provisions OF the Constitution and
laws Of tl,ia State Inconsistent or in any wa,
ranfl .ctin. with this article are declared to
he sunercedr.l herebv.
>Ec.2 BE il further enacted. That il
shall hr the duty of the Secretary of State t"
'unish the foregoing proposed amendment
| IN accordance with the provisions of art Gle
tive hundred and fffy-six of the tOnstitu-
tion. within nine v days after the first day OF
.tanuarv in the year eighteen hundrei and
ninety-one,
SEc. ). Be it further enacted. That ut
I he next general election all elecrors who de
sire to vote fer said amendment ehali write
OF print upon their ballots the words "For
the Levees, Schools, Charities. Pensions
Drainage. Lotteries and General Fund
amendment" and all ectors who desire to
vote at said election against said amendment
shall wIite or print upon their ballots the
words. Against the Levees. SchooIs. Chari
ties. Pensions. Drainage, Lotteries aud Geu
eral Fund amendment"
SEC. a. Be 1t further enacted. That all
officers charged with electiuBs or the con
duct of the ,eturns thereof under the geners
erection laws shall at .he time they give no
tice OF the said general ele. tion also give no
t,ce of the election nerein ordered for the
adoption or rejection of the proposed amend
mend, and shA,l without othe. direction ol
au' hority than 10 herein contained make due
returns of said election in conformity with
the general el-ction laws IN so far as they
are not inconsistent with or in conflict with
this set. -
IS,gnedl 8. z. HENRY,
speaker cf the House of Representatives
ISigned JAMEs JkFFRfEs,
Lieut. Governor and Presitent OF the Senate
{ ~ Witness my sign.tnre and the s-a
LIS. tof the State OF Louisiana ut the cit !,
(~~~~ of Baton Rouge, This 18th day n
August lsnl.
I. +. MASON,
Secretary Of sta {