The Meridional. (Abbeville, La.) 1856-1906, 1892-03-26
PROMULG ALTON.
Proposed Amendment 10 the
G nstiamtion OF the State OF
LotEsfanss I,y fE,e General
Assembly i'm 1890.
STATE OF LOUIsI Ana.
Office of the Secretary of State


Inpursuance of the provisions of the
Constitution. publication is hereby made
ard given to the qualified electors of the
State Of Louisiana of the proposed amend
nIents to the Constitution OF this State,
which have been coacurred in hy two
thirds of all the members elected 10 each
house of the General Assembly Of this
State at the regular session thereof, held
aH the City of Raten Rouge i'll the wear
1890, and which are required to be pub
lished for the information of the electors
OF this State for three months preceding
the next election for Representatives.. ana
which proposed amendments more .fHllEr
appear III the Joint Resolutions Nass fI0
and 154. which are hereinafter officially
published for che information of the quail
flied electors OF this State, and which will
besubnntted to them for their approval
or rejection, at fhe next general election
which will be held Oh Tuesday the fath
dav of April, 1867, lit being the Tuesday
next following the thid Monday Of said
month"; i'll such manner and form that the
qualified electors may vote for or against
each amendment separately; and Il q fla-
joritg of the qualified electors voting at
said election, Shall approve and ratify all
or either of said proposed amendments
then sneh proposed amendments, or either
uf them. so approved antEratitied, siIall
become apart OF the Constitution OF tits
State.
JOINT RESoLUTIOE NO. 11O-AMEND-
MENT MOI.
Pro posing an amendment TO the Con-
stitution providing for the funding of
the bonded debt Of the city of New
Orleans. other than Premium Bonds.
into fOur per cent bonds: providing n
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 I'M
paid claims of the Board of School
directors of said city and parish which
ii may find to be equitabiy due by said
board
SEcTloNs1. BE IL resotced By the Senate
and House of Representatives, OF the State Of
Louisiana, tro-thif'ds OF all the members eteG-
ted to each house coacufriRg. That the fol
lowing amendments TO the Consitution
of the State be submitted to the electors
of the State at the next election for Rep-
reseIitatives for the General Assembly III
the year 1892 for the purpose Of retiring
the now existing valid outstanding bonds
of the city of New Orleans, Including tae
bond certificates or bonds issued under
the act of the Legislature No. 5S OF 1882
and to retire judgments now or hereafter
rendered against the city on floating debt
claims prior to 1879 entitled to be funded
under act No ia 1884. the said city of New
Orleans is hereby authorized and directed.
on and after the adopti0nof this anleld-
ment. to issue through the Board Of Liqui-
tlation of the City Debt, bonds. I'd he
known as the GonstituIionafBond OF the
City of New Orleans. not exceeding Ten
millions of dollars. ut fifty years, bearing
faur per cent. per annam interest, 70 bear
date and be in the form prescribed bE 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
the Board of Liquidation, to pay or Tiif-
chase said outstanding bonds and Jadg-
ments, or by exchanging the said Constr
tutional Bonds for bonds, on the terms
aud in the mode prescribed by. The Legis-
lature. For the payment Of the interest
and principal at maturity. Of SAID Gonstl-
tutional Bonds. and other outstanding
bonds not retired under this amendment,
and for payment Of the annual allotnlents
and premiums Of the Premium Bonds OF
said city, the said city Is hereby aathor-
lied and directed To levy Annually, and
until the full payment OF said bonds, 9
special tax of one per cent. On all the real
and personal property of the cifY, sad tax
to be part of, and not in addition to the
tax of twenty mills and two-tenths Of y
mill on the dollar OF valuation now levied
for 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, tothe payment OF
the interest and principal at maturity OF
said Constitutional Bonds, and outstand-
ing bonds not retired, and to the payment
of the aliotmerts Of Premium Bonds and
premiums extant, in the hands OF holders.
Said tax is hereby declared 10 be the
contract right of the holders of all said
bonds: and the exemption of said Gonstl-
tutional Bonds from all taxation by the