The Delta independent., 1896-10-21
RoPosED AMENDMENT TO THE CONSTITUTIONS Of
THE STATE OF COLOR APO.

RoroskD ANESpNENr TO THE CONSTITUTION OF
THE STATE OF CsLoRApo.
Public Notice is further given that at the Gem
snd 'G IN tS The s, IN Of on he ~
day of November, 4 d; 1896, there Will be sub
mitted to the qualified Eieetors the question
Of amending the Constitution of this State. The
authority for submitting such question is found
in House Bill No. ll3. which Is In the words and
figures following. VIZ:
House Bill No. u.s.
An ACT
To submit to the qualified Electors of the State OF
Colorado an Amendment u Article NJ. Sec
tion 3, Of the Constitution OF the State of Colo
raGo and to provide tor the creation of a
bonded Indebtedness on behalf Of the sta te to
the amsunt Of Twelve Hundred Thousand
the State.
Be ii Enacted by the General Assembly of the
State of Colorado:
SECTION I. There shall be submitted to the
qualified electors of the state of Colorado, at the
next general election of members of the Gen
eral Assembly. for their approval or rejection.
the following amendment 10 the Constitution of
the State ofColorado, which, when ratified by q
majority OF those voting thereon. shall be valid
Of Article II Of the constitution Of the State Of
Colorado shall be amended 10 read as follows:
SEC. 3. The state shall not contract any debt
BY sn or in any form eSeePs to sres, public
surrection, defend the state or In time Of war
assist in defending the United States.
Of public buildings shalt not exceed one-haif
mill on'each dollar of valuation Of taxable prop
erty within the state. as shown by the assess-
ment last preceding the creation of the debt. 1t
shall not be lawful for any General Assembly to
authoTze any aPProPraiisns, N = exeess o. The
proceeding two years. except to suppress insur-
rection, defend the state, or. in time Of war, TO
That in addition TO the amount OF debt that may
be incurred as above, the state may contract q
thousand dollars 81 aoo,o ,oDoI the bonds Tor such
Indebtedness shall draw interest at n rate not
exceeding four ~ per eentum per annum, and
to provide funds for the payment Of osligaiisas
Of the state outstanding at the esd Of the hscal
which said indebtedne. includes four hundred
and fortythree thousand nine hundred and fifty
and eighty one-hundredths dollars ,sti3s50 so)
on which there will be, at the date Of the issue
Of the proposed bonds, an accrued interest
dollars (s2l5.Oo), which interest will then be
subject to distribution among the public schools
Indebtedness includes sixty one thousand one
hundred and three dollars and eighty seven
cent, tssi. .ios7l IN warrants; on which there
dollars Csap0c0), which principal and interest be-
longs to other state f'inds: and all the balance
dividuals, the principal of which Is two hundred
and seyenty-nine thousand two hundred and
22sJGi, on which there will be an accrued inter
est Of one hundred and thirty-one thousand dol
lars slsi ,ooo), making sum total Of one million
and seventy dol-d doliars and thirty one cents
lsi ,lG0 27s 5D to which must finally be added the
1896 till the issuance Of the bonds and, lrori,L
I'd, That two hundred and my thousand dollars
of o sme ponay hmsS ssseS sns , Ss IN % Ge9 h
power 70 issue bonds hereby granted shall expire
with the payment Of the outstanding obligations
bonds shall NOT be refunded; but shall be paid at
sEc !. Ksch elector voting at said election,