The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-02-06
OFFICIAL.
OFFICIAL,
PRONUNCIATION Of Proposed Amendments
to the Contribution Of the State Of
Louisiana, Adopted BY the Con-
ersl Assembly in 1890.


Louisiana, Adopted BY the Gen.
srsl Assembly in 1890.
STATE OF LOUISIANA, 1
ORHcE OF TEE SsoRRrARY OF STATE.
In pursuance Of the provisions Of the
Constitution, publication Is hereby made
and given to The qualified electors Of the
State of louisiana OF the proposed amend
ments to the CONSTITUTIONS Of this state.
which have been concarred IN by two
thirds of all the members elected to each
house of the General Assembly of this
State, Ut the regular session thereof. held
at the city Of Baton kougc. in the year
1885,, and which a.e required to be pub
lished Tor the information Of the qualified
electors eff this state for three months
preceding the next election for Represent
tatives. ana wuish proposed amendments
moro fully appear in Joint Resolutions Nos.
ITO and i5i. which are hereinafter official
IL published for the information OF the
qualified electors If this state, aud which
will he submitted to them for their APP
prevail or rejection ut the next general eiec-
ton, which will he held on Tuesday, the
18TH day If April le92, (it being the Tues
dsy next following the third Non''sy Of
wild month) in surh manner aud form that
the qualified electors may vote for or
against each amendment separately; and
II maj Iity # the qualified electors vot-
ing ut said election shall approve and rati-
fy oil or either of said proposed amend
ments then such proposed amendments or
either of them so approved and ratified
shall become part of the Constitution of
this State
Joint Resolution No. I10-AmsRdmsaf No. I.
Proposing an amendment to the cOnstitu-
ton, providing for the .unding Of the
bonded Debt Of the city Of New Orleans,
other than Premium Bonts, into four per
cent bond; providing . special tax Of
one per cent. TO pay the bonded debt of
the city. and exempting the esid fonr per
cent. bonds from taxation and fnrther
authorizing the said city to assume and
pay such unpaid claims of the Board Of
School Directo.s of said city and parish
which IL may end to 10 squitsbly duo
by said board.
SECTION I. Be Il resolved BY tie Senate and
House Representatives. Of the Stats Of Low-
isiana, two-tkirds Of all he memhers els ted to
ouch house ccacxrrisg, That the following
ame dments T.. the Consultation of the
STATE he submitted to the electors Of the
State at the next election for Represents
tives for tile General Assembly IN the year
ls92 ior tho purpose Of retiring the nov
existing valid outs andiag bonds 1T the
city Of New Orleans, including the bond
certificates or bonds issued under tie act
If the Legislature No. IS of 1882, and to
retire Judgments now or hereafter render.
ell against tie city on floating debt clains
prior TO 1879, entitled 20 be funded under
act N" 81 # l5s4. the ssi;i city Of New Or
- l. L 4 ~ ~ a .k~<y<
ard aife- the adoption Of this amendment,
to issue through the Board Of Liquidation
Of the City Debt, bouds tn be known ~ the
Constitutional Bonds OF the City Of New
Orleans, not overriding ten millions Of dol
lars. ut fifty years. bearing tnur per cent
per annum interest to bear date aud be in
the form pres ,ibsd by tho Legislature -
The sid bonds shall be applied by tbs
said board I" the retirement of said ont
standing bonds aud Judgments, by the sale
Of said constitutional bonds, and applica-
ton Of the proceeds Of sale by the board
Of liquidation. 10 pay or purchase said ont
standing bonds aud judgments, or by ex-
changing the SAID constitutional bonds Tor
bords. ON the tortus md in the mode pre-
scribcd b, the Legislature. For the pay
ment Of the in crest and principal at ma
maturity OF said constitutional bonds and
other outstan ing bonds rot retired under
this anne. .dment, and for the payment of
the annual allpiments aud premiums of the
premium Bonds of ssid city. the said city
il hereby authorized and directed 10 levy
annually, AMI until the full payment Of
said bonds. tax Of one per cent on all tn.
real and D .rsonal property Of the city
said tax t. be part Of. and not in addition
to, the tax of twenty mills Aid wo-,enths
Of a mili on the dollar 1T valuation now
levied for oil purp, .ses by the city OF New
Orleans, aud the said tax shall be paid over
as collected to. and be applied by. the board
of liquidation to the payment Of the in-
tcrest aid principal ut maturity Of said
constitutional bonds and outstanding bonds
not retired and to the payment Of the rl-
iotments of premium bonds and premiums
extan: in the hands of holders.
Said tax is he, eby declared TO be the
contract right If the holders Of all said
bonds; an! the exemption Of said consti-
tutional bonds from all taxation by the
city at New Orl ans and State or Louisi-
ana 10 hereby rrcngpized aud declared. and
after payment of all the annual interest
OH said constitutional bond, and bonds not
retired. and the payment Of the said an
mai allotments Of premium bonds and
premiums extan. H. the hands of holders,
and after making provisions for sinking
fund, 1t such time aud of such an amount
rs the Legislature psescribes, the surplus OF
said Que PER cent shall be disposed Of ~
prescribed by the legislature.
Tho act passed ut the present session.
Nc. 36, entitled IAN act tn carry into If
feet the constitutional sns hdinent passed
at the present session relative "a the m!
debt If the city of New 0sfeans,' etc., be
and j. hereby approved aud confirmed in
all it, parts ~ u contract betw cen the city
constitutional bcndls, premium bonds. and
Aforesaid.
SEc. 2 Be Il further received. etc., That
the city If New Orleans be and u hereby
authorized and empowered TO examine i'm