The Delta independent., 1894-10-17

To Submit to the Qualified Electors OF the
State Of Colorado Amendments to Article NJ
of the Constitution of the State Of Colorado.
Be il Enacted by the General Assembly of n
State of Colombo:
SECTION. /. There shall be submitted to the
qua flied electors Of the State Of Colorado at the
next general election for members Of the Cen
the following amendments 10 the. Constitution Of
the State OF Colorado. which, when ratified bya
as part Of the Constitution, that Is to say Sec.
tion of Article XI: Of the Constitution Of the
stn,e 81 Colorado shai, be SO amended to read as
RI lend pledge Rs 1s aHs% o. NTH SlH ,hefeof I Il
of any person, company or corporation. public OF
private. or for amy amount or for any purpose
contract or liability, to any person, company or
state: Jrori"ed That the limitations Of his sec @
ton shall not apply to the guaranty by any such
county city or town of bonds warrants issued
in the construction of lacal improvements. a,,d
payable out Of moneys to be collected by spe-
cial assessments on the property benefited, but
sch 69ns and S TarIants n, may be In
may be prcscribed by law"
Zee g. Section s Of said Article shall be 30
amended ns TO read as follows: "sec. 8. No city
or town shall contract any debt by loan In my
form, except by means of mn ordinance which
shall be irrepealablc until the Indebtedness
therein provided for shall have been fully paid
the funds raised shall be applied md proy;dina T
f2E the levy Of tax. not exceeding twelve Q2j
mills o" s;,h Sar , d"ar 1 "f Taation q taxabe pro-
the annual interest. and extinguish the prInci.
pal of such debt within Gftecn (ls). but not less
and such lax when collected shall be applied
only to the purposes in such ord nnnces specified.
charged. But M such debt shall be created
unless the question of lncurring the sains shnIl.
q. NJ az Eegnlar eleG,ion on, for c6uncimen, aldermen
vote of such qualified electors thereof as shall
In the year next preceding have paid property
The question, by ballot deposited In a sepsra,e
ballot box, sbdl vote in fiiyor of creating such
together with the debt'cxistng al the time Of such
election. shall not ut any time exceed three t8)
percent Of the valuation last Aforesaid Debts con.
tncted for supplying water to such city or town
are excepted FROM tho operation of this Section
The valuation in this Section mentioned shall
ccding the last assessment before The adoption of
such ordnance. Provided. rhnt In cilies hay
sand (2ilG00). an additional indebtcdness OF npt
moic than two t2) per cent, Of the samc yalua
,ion may in like manner and by like authority
pc incurred Tor the purpose Of ACQUIRING md
improving sites for Parks and pnrk-ways for
sich city and that the nggrcgate amount Of stcli
NJ the tinc of such election. may equal but shall
not exceed at nny. time five % per cent. of the
items e lhis section shall not apply to The etnr.
nniy by any such city or town OF any be,.ds or
warrant, yIsl Issued by such city or town ii the
c9nstrleton OF local improvements; but In dis
ciinrge OF such guaranty, such city or town mny
purchase and hold bonds or wnrrnnt3 so gnnrnI.
ted, and be snhroga.cd to all tho rights of the
holders thereof" -
i. Sec. 3. Each elector voting Mt snid election
and desirous or voting for or against ali tic
nmendments 70 snid Article propOsed at said
election shall deposit In the ballot box u ticket
whereon shall be printed the words "FOr the
Amendments or against the Amendnents"
Any such elector not DESTROYS Of voting MS afore-
said may express his approval or rejection of any
one or more Of the amendments 10 said Article
so proposed: Provided, Tint he shall designate
sercli amendment 50 approved or rejected by him
by numbers MS 1t appears In this ncl
Sec. 4. The votes cast for the adoption or re-
lection Of said amendments or either or any Or
them. shall be canvassed and the result deter.
tntlvcs IN Congress- 5' -
Approved April 9, 1893.