The weekly messenger., 1892-03-05
PRONUNCIATION.
OF THE
Proposed Amendments to the Con-
stitution of the State of
Louisiana,
ADOPTED BY THE GENERAL ASSEM-
BLY, IN 1890.
STATE OF LOUISIANA,
OFFICE OF THE SECRETARY OF STATE.


tuition, publication is hereby made and given to
the qualified electors of the State of Louisiana
of the proposed amendements to the Constitu-
ton of this State. which have been concurrsd in
by two-thirds of all the members elected to each
house of tho General Assembly of this State, at
the regular session thereof, held at the City Ct
Baton Rouge in the year $780, and which are re-
quired to be published for the information OF
the qualified electors of this State for three
months preceding the next election for Repre-
sentatives, and which proposed amendments
more fully appear in Joint Resolutions Nos. ITO
and 15i which are hereinafter officially publish
ed for the information of the qualified electors
of this State, and which will be submitted to
them for their approval or re!ectien, at the next
general election which will be held on Tuesday
the 10th day Of April, 1sg2 (it 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 majority of the qualified
electors. voting at said election. shall approve
and rat:fy all or either Of said proposed amend
ments, then such proposed amendments, or
either Of them. approved and ratified, shall
become a part Of the Constitution Of this State.
JoIST RESOLUTION NO. ADVANCEMENT NO. I.
"Proprosing amendment to the Constitution
providing for the funding of the bonded dept of
the city of New Orleans, other than Premium
Bonds, into four per cent bonds; providing a
special tax Of one per cent. to pas the bonded
debt Of the city, and c1emptins the said foar per
cent. bonds from taxation, and further au.hori-
zins the said city to assume and pay such un-
paid claims of the Board of School Directors of
said city und parish which it maj find to be
exquitably due by said board.
SECTION /. BE it resolved By the Senate and
House of Representatives OF the State of Louis
lana, two-thirds of all the members elected to
each house ccncurring, Tha. the following
amendments to the Constitution of the State BE-
submitted to the electors Of tho State at the
next election for Representatives for the Gene
raj Assembly in the year 1892 for the purpose of
retiring the now existing valid outstanding
bonds of the city Of New Orleans, including the
bonds certificates or bonds issued under the
act Of the Legislature No. 5s of 1892 and 10 retire
Judgments now or hereafter rendered against
the city on floating debt claims prior 10 1870,
entitled to be funded un,ler act No. 81 OF 1884,
the said city OF New Orleans is hereby author
lied and directed. on and after the adoption OF
ths amendment, to issue through the Board of
Liquidation of the City Debt, bonds to be
known as the Constitutional Bonds of the City
of New Orleans, not exceeding ten millions of
dollars. at fifty years. bearing four per cent
per annum interest, to bea- date and be in the
form prescribed by the Legislature. The said
bonds shal be applied by the said board to the
retirement Of sald outstanding bonds and judg-
ments. By the sale of said Constitutional Bonds,
ard application of the proceeds Of sale by the
Board of Liquidation. to pay or purchase said
outstanding bonds and judgments. or by ex-
changing the said Constitutional Bonds for
bonds, on the terms and IN the mode prescribed
by the Legislature. For the payment of the in
terest and principal at maturity OF said Consti.
tutional Bonds. and other outstanding bonds
not retired under the amendment, and for the
payment OF the annual allotments and pre-
miums OF the Premiums Bonds of said city. the
said city is hereby authorized and directed 10
levy annually, and until the full payment of
said bonds, special tax of one per cent. on oil
the real and personal property of the city said
tax 20 be part of, and 10; in addition to the tax
of twenty mills ami two-tenths Of mill on the
dollar of valuation now levied for all purposes
shall he paid over as collected to, and be ap.
piled by the Board OF Liquidation, to the poy-
merit Of the interest and principal at maturity
of said Constitutional Bonds, and outstanding
bonds not retired. and to the payment Of the
allotnients 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 OK
emption of said Constitutional Bonds from all
taxation by the City of New Orleans and State
of Louisiana is 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 annual allotments
of Premium Bonds and premiums extant in the
hands of holders, and after making provisions
for sinking fund, at such time and Of such an
amount rs the Legislature prescribes. the sur.
plus of said one per cent. shall be disposed Of
as prescribed by the Legislature.
The act passed at the present session No. S
entitled IAN act to carry into effect the Consti-
tutional amendment passed at the present ses-
sion relative to the bond bebt Of the City of
New Orleans, ETC.. be and is hereby approved
and confirmed in all it's parts as a contract be-
tween the City of New Orleans and the holders
of said Constitutional Bonds, Premium Bonds
and of the bonds outstanding not retired AZ
aforesaid.
SECTION 2. Be it further resolved, etc.. That
the city IF New Orleans be and is hereby author.
lied and empowered to examine into and as.
sumo the payment of the claims or obligations
OF the Board of School Directors for the city and
parish OF Orleans due for the years 1880, 1881.
lsS2 1883. and 1884. now in the hands of original
owners. who have in nowise parted with their
right OF ownership or pledged the same, as may
be found to be eauitably due by said board for
services rendered, labor performed or materials
furnished by authority Of said board.
SECTION 8. Be it further resolved, etc. That