The Meeker herald., 1896-08-29
PROPOSED AMENDMENT
To the Constitution of the State
of Colorado.

To the Qualified Electors of the State of Colo
r1dO, Greeting:
In pursuance of authority in me vested by
Article XIX, Section 9, of the Constitution of
the State of Colorado, and as directed by House
Bill No. 113. passed by the Tenth General :, =
sembly of the State of Colorado, and approved
by the Governor of said State on the eighth
day of April. A. d. 1895, public notice is hereby
given that at the general election to be held in
the several wards and precincts in the State of
Colorado on the third day of November, A. d.
1895, there will be submitted to the qualified
electors OF the State, for their approval or re-
lection, the following proposed amendment to
Article NJ. Section 8, of the Constitution of
the State of Colorado:
"Sec. 3. The state shall not contract any
debt by loan. or In any form, except to erect
public buildings for the use of the state, sup
press insurrection. defend the state, or In time
of war assist in defending tho United States.
erection Of public buildings shall not ex-
coed one-half mill on each dollar of val
Sssn oa whS a.. the
ing the creation of the debt. 1t shall
not be lawful for any General Assembly to
the actual revenue Of the state of Colorado for
the preceding two years, except to suppress in
surrection, defend the state. or, in time of war
to assist in defending the United States: Pro
vidcd, That, In addition to the amount of debt
that may be incurred as above, the state may
contract debt by loan to the amount of
twelve hundred thousand dollars (sI,aGO, COO:
the bonds for such Indebtedness shall draw in
terest at u rate not exceeding four ~ per CEN
than their par value. 10 provide funds for the
payment of obligations of the state outstand-
in9 at the end of the fiscal year which termin-
ates November 20, 1875; which said indebted
ness includes four hundred and fOrty-lhree
thousand nine hundred and fifty and eighty
onc-hundredths dollars tSii3e50.sG, In warrants
now held in the public schoOi-fund. on which
there Will be, nt the date Of the issue of the
proposed bonds, un accrued interest amount
Ing to two hundred and Hftecn thousand dol
lars ts2l5,0O0l which interest will then he sub
1ect to distribution among the public schools
of the state: and which further amount of said
Indebtedness includes sixty-one thousand one
hundred and three dollars and eighty-seyen
cents $50, ,ITS.sD in warrants. on which there
will be an accrued interest of thirty thousand
dollars $4,000, which principal and interest
belongs to other state funds: and all the bal
ance of said Indebtedness, which is due to pri-
vatc individuals, the principal of which Is two
hundred and seventy nine thousand two hun
cents tS2,9.:s23.Gil, on which there will be an
crued interest of one hundred and thirty-onc
thousand dollars tSl3l,U making "A sum total
of one million one hundred and sixty thourand
two hundred and and scventy-oght dol dollars
and thirty-one cents sllG0,21s.3D, to which
must finally be added the interest on all of said
debt from November 30, 1896, till the issuance
of the bonds; and; Provided, That two hun
dred and fifty thousand dollars $3.50, 900 of the
bonds issued shall be in denominations of one
hundred dollars $500: and the power to issue
bonds hereby granted shall expire with the
payment of the outstanding obligations as
aforesaid; and, also Provided, That the said
bonds shall not be refunded; but shall be paid
at maturity
Each elector voting at said election, and de-
strOus OF voting for or against the amendment.
shall deposit in tho ballot box ticket whcreon
shall be printed or written the words ''For the
amendment. or the words Against the
Amendment"
In testimony whereof, I have hereunto set
my hand and afiixed the great seal of the State
tsealJ A. d. McGAFFEY,
aug1-oct3l Secretary of State.