The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1892-02-06
OFFICIAL
PRONUNCIATION,
Proposed Amenda eDts 0heC Constitution
OF the State Of Louisiana.
ADOPTED BY THE GENERAL AesEMBLY 8
IN 1890

IN 1870
STATE OF LOUISIANA,
orFick OF raE SEekETARY OF Stair. {
In pursuance of tbs provisions Of the Con.
stitnt4on. publication ia hereby maae and
given to the qualified electors OF the state Of
Louislaua OF the proposed anne nd 10 enta tp the
consultations of this State, which have been
eoncurrsa in by two-thrds Of all the mem hers
elected to each house Of the General Assem-
bly, OF this State, at tho regular session
thereof, held At the City of Baton Rouge in
the year tSs0. and which are required to he
Published for the infor uatien of the qualified
electors Of this State for th, se months proceed
ing the next e'ection for Representatives, and
which proposed amendments more fully an
pear in Joint Resolutions Nos. ITO and f54
which ara hereinafter officially published for
the information OF the qualified electors of
this State, and which will be submitted t..
them for their approval or rejection. 1T the
next general election which will he held on
TuesdAy the 18th day of April, 1892 tit being
the Tuesday next following the third Monday
OF said MONTH in such manner and form
that the qualified electors may vote for or
against each amendment separately; and if n
majority OF the qualified electors. voting at
said election, shall approve and ratify all or
either OF said proposed amendments. then
such pIodosed amendments. or either of them,
SO approved and ratified, shall become . part
VI tuc NOuslltuti6N OIL thls state.
JOINT RESoLUTION no. li0-AMEND-
MFNT NO.
Proposing an ameRdmeRt 10 the Constita-
tion providing for the funding Of the
bonded debt Of the city OF New Orleans.
other than Premium Bends. int four per
cent bonds; prosi,lng = special tax of
one per cent. to pay the bonded debt of
the city. and ex-mpting the said four
Per cent, bonds from taxation. an,i fnrth-
or authorizing the said city to assume and
pay sucb unpaid claims of the Beard of
school Directors of said city and parish
said board
SKcrIoN |. BE IL resotpsa by the Senate and
House Of Representatives. Of he State Of Louis
lana. f,co-thirds Of all Me members elected 70
each house cOnearring, That the following
amendments to the consultation of the State
be submitted to the electors of the State at
the next election for representatives for the
General Assembly in the year 1892. for tho
purpose ot retiring the now existing valid out
s.>nding bonds of the city Of New Orleans,
including bond certificates or bonds issn-
ed under tne act Of the Legislature No. So of
1892 and to retire Judgments now or hereafter
rendered. against the city on floating debt
claims prior to 1879 entitled to be funded nm
der act No. 81 Of 1884. the said city crNew
Orleans IS hereby ant 'horized and directed.
on and after the adoption, of this amendment to
issue thrsngh th- Board of Liquidation of the
City rebt. bonds TO be known as the Consti-
tutiomal Bonds Of the CITY of New Orleans,
not exc~eding ten millions of dollars. at ftty
years. hearing tour per cent, pei annum in
tsrest to bear date and he i'll the form pres
cribed By the Legislature. The said bonds
shall he applied by the said board to the re-
tirement oi aaid outstanding bonds and juds-
ments, by the sale of said Constitutional
Bonds, and application of the proceeds of
sale by tho Board ef Liquidation. to my or
purchase SAID outstanding bonds and judg
ments. or bv exchanging the said Constitu-
tioual Bonds for bends, on the terms and IN
the mode prescribed by the Legislature. For
the payinent of the interest and principal at
maturity. OF said Consti 'utionil Bonds. aud
ott er outstanding bonds no: retired under
this amendment, and Tor the payment of the
annual a1l0fments aud premiums of the Pre-
miums Bends of said city. the SAID cty is
hereby authorized and directed tn levy annual
ly. and until the full payment of said bonds.
n special tax of one y r cent. on all the real
and pei sonal property of the city. said tax to
be part Of and nos in addition to the tax of
weRty .ila and two tsnths OF a mill on the
tdollar of valuation now evied or all purpo-
ses by the city of New Orleans. and the said
tax shall he paid ovor AZ collected to, aud hc
applied by the Board OF i.iquidation to the
payment of t. y ,srese ond principal vt ma
turity Of said Constitutional Bonds, aud aut
standing bonds not retired. and to the pay
neht of the aiutments of Premium Bonds
and pre.rium extant, in the hands of hold
ers.
Said tax is hereby declared to be the con-
tract right of The holders of all said bonds
and IL exemption of said Constitutional
Bouds from all taxation by the City of New
Orleans and State ol Louisiana is hereby re
eognZed and declared, and after payment of
ali the annual interest," said Constitutional
Bonds and bonds not retired and the pay
mtHt of the said a"illal aiotments of Pre-
nium Bonds and premiums extant IN the
hands ot hrld-rs. and after making provisions
fut il sinking tiiud, II such time and of such
an amount ~ the legislature prescrlbes. the
surplus af said one per cent. shall be dispost
ed of ~ prescribed hv the Legislature.
The act passed At HE present session No.
sc entirlrd IAN act !" carry irto effect the
Constitutional amendment passed al the pre-
srnt session relaliv IA the bond debt of the
CITY of New Orleans. etc. be and Is hereby
approved and confirmed III all t. parts az a
contract between the City Of New Orleans
aud the holders nf sal, Constitutional Bonds.
Premium lands and nj the bonds "utStand-
ing not retired as atnIr~Hid.
SYt riuN Bc II f'nth'r rcSOired. etc,
That the city Of Nrt Orleans he and Is here
hy authorized AMI empowered oeNanine in
to aud assume 'he s'vment ut the claims or
obligations of the l'"aIt Of school Directors
for the CITY aud parish of Orleans due for
tbe wears 1880 1881. ISS-,, 1888 and 1894. now
in the i,antis otori9int owners, who have III
uowlsa parted WITH heir right of ownership
or pledged the SANE. as may be found to be
eouitabie due bv >aid board tor >eryires rem
derc1i Labor performed ''r materials furnish
ed by authority Of nd board.
SECTION j. BE il further resclsed. etc, That
ali electors voting AT said election for said
shall place upon their ballots the
words. For the city of New Orleans debt
amendment, aLd all electors voting at SAID
election against said amendment shall place
On their ballots the words. Against the City
or Na,x Orleans d. eht amendment"