The Meeker herald. [volume] (Meeker, Colo.) 1885-current, 1894-08-11
PROPOSED AMENDMENT TO THE con-
sTITUTION OF THE STATE OF COLO

Pubic notice ia hereby given that at the gen.
eral election to be held in the several wards
sixth day Of November. A. d. 1894, there will
be submitted to the qualified electors the qucs-
tion of amending tho constitution Of this state.
The authority for submitting such question
Ia found i'm House Bill No. io5, which Is, in the
words and figures, following, viz:
AN ACT to submit to the qualified electors of
the state Of Colorado amendments to Article
xI Of the constitution Of the state Of Colo
RADIO. Be 1t enacted by the general assembly
Of the state Of Colorado:
Section l. There shall be submitted to the
qualified electors of the state OF Colorado, at
the next general election for members Of the
general assembly, for their approval or reJec-
ton, the following amendments to the consti-
tuition Of the state Of Colorado, which, when
ratified by n majority OF those voting thereon,
shall he valid as part OF the constitution, that
IA to say: Section OF article x1 of the con-
stltiItion OF the state OF Colorado, shall be 30
amended as to read IA follows:
Section l. Neither the state nor amy county,
lend or pledge the credit or faith thereof, d.
rectiy or indirectly, In any man
ner TO or In aid Of any person, company or cor
poration, public or private, or for any amount
or for any purpose whatever, or become re-
sponsible for any debt, contract or liability, to
any person, company or corporation, public or
private, In or out Of the state: Provided, that
the limitations of this section shall not apply
to the guaranty by any such county, city or
town Of bonds or warrants Issued In the con
strlction OF local improvements, and payable
out Of moneys to be collected by special assess
mcnts on the property benefited, but such
bonds and warrants may be guaranteed in such
manner and subject to such limitations hs mhy
be prescribed by law.
See g Section of said article shall be so
amended as to read as follows:
Sec. 8. No city or town shall contract any
debt by loan In any form, except by means of
nn ordinance, which shall be irrepealable until
the indebtedness therin provided for shall have
been fully paid or discharged; specifying the
purposes 10 which the funds to DO raised shall
be applied, and providing for the levy OF tax
not exceeding twelve 40 mills on each dollar
Of valuation of taxable property within such
city or town, sufficient to pay the annual inter
est, and extinguish the principal cf such debt
within fifteen n5J, but not less THAI ten (lO)
years from the creation thereof; and such tax,
when collected, shall b. applied Only to the
purposes In such ordinances specified, until
the Indebtedness shall be paid or discharged.
But no such debt shall be created unless the
question Of inCurring the same shall, ut reg
nar election for councilmen, aldermen or Of
hcers Of such city or town, be submitted TO u
vote Of such qualified electors thereof US shall,
In the year next preceding, have paid prop
crty tax therein, and majority OF those vot-
Ing on the question, by ballot deposited In a
separate BALLOT box, shall vote In favor of
creating such debt; but the aggregate amount
Of debt so created, together with the debt cx-
sting at the time of such election, shall not ut
any time exceed three % per cent. OF the val
uation last aforesaid. Debts contracted for
supplying water to such city. Or town arc OK. OK
ccpted from the operation OF this section. The
valuation in this section mentioned shall be In
all cases that OF the assessment next preceding
the last abbcSsfnGut DGfOro tne huOptlOH OI SUCH
ordinance; Provided, that In cities having q
population of more than twenty-five thousand
l25,0OOJ, an additional Indebtedness of not more
than two (2J per cent. of the same valuation
may In Ike manner and by like authority be
incurred for tho purpose OF acquiring aud I'm
proving sites for parks and parkwnys for such
city, and that the aggregate amount OF such
debt 30 created, together with the debt exist.
Ing at tho time Of such election, may cduhl but
shall not exceed at any tifno hvc % per cent.
Of the same valuation; and, Provided, that the
limitations Of this section shall not apply to
the guaranty by any such city or town OF any
bonds or warrants issued by such city or town
In the construction OF local improvements; but
in discharge Of such guaranty such city or
town may purchase and hold bonds or war
rants so guaranteed, and be subrogatcd 10 nll
the rights OF the holders thereof.
Sec. g. Each clector voting at said election
and desirouB Of voting for or against all the
amendments TO said article, proposed at said
election, shall deposit In the ballot boz ticket
whercOn shall be printed the words 'For the
amendments or Against the amendments.
Any such clcctor not dcsirous OF voting as
tlon Of any one or more OF the amendments 70
said article 80 proposed; Provided, that nc
shall designate each amendment 10 approved
or rejected by him by number as II appears in
this act.
rejection of said amendments, or either or any
OF them, shall be canynssed and tho result Dc
te.inined in tho manner provided by tho laws
Of this state for the canvass Of votos for repre-
sentatives In congress. Approved April !, lSa3.
In testimony whereof, / hnvo hercunto sct
my hand and afixcd tho great seal Of tho state
~ Colorado, ut the city Of Denver. this sixth
day Of August, A. .. 1894. NELSon 9: NO
CLxEs, Secretary Of State. fScaI) aR1I-n8
TIA