The Delta independent., 1896-08-19
PROPOSED ANEyDMENT
To she Consultation Of tie state Ol
Colorado.

To the Qualified Electors Of the State Of Colora-
IL pursuance of authority in me vested BY
State Of Colorado. and as directed by House Bill
No. l13. passed by the Tenth General Assembly
s ei d on ,se faa %:y hs
a. D: lss5, public notice Is hereby given that at
the genera m election to be be held In he seysr.
the third day of November A. D. 1886, there will
be submitted to the quilted electors or the State,
posed amendnent to Article Xi. Section ), 81 he
Constitution Of the State Of Colorado:
by loan. or in any % form, eycept to erect SoSiic bic
buildings for the use Of the state, suppress in-
sure ction, defend the state in time Of war
sist in defending the United States.
" The dent incurred in any one year for ercc
tion OF public buildings shall not exceed one
property within the state, as shown by the aSsess-
Inent last preceding the creation Of the debt.
actual revenue Of the state Of Colorado for the
on ded or IL sess 81 war 70 arsis,
in defending the United States Provided. That,
In addition to the amount OF debt that may be
incurred rs above. the state may contract a debt
by loan to the amount of twelve hundred thous-
and dollars ,2y,0]y; the bonds for such ind bt
edness shall draw interest at rate not exceed ng
four ~ per centum per annum, and shall he
sold at not less than their par value, to provide
outstanding at the end Of the fiscal year which
terminates November 30, 1855; which said ibdebt-
edness lnc!ules four hundred and forty three
thou.and nine hundred aud fifty and eighty one
hundredlhs dollars Gas, ,oJO.s3j in warrants now
held in the public schoolfrnd, on which there
will be, at the date the is uc of The proposed
bonds, an accrued interest amounting TO two
hundred and fifteen thousand dollars (SgI5QOO)
which interest will then be subject TO distribu-
tion among the public schools Of the state; snd
which further amount of said Indebtedness in
cludes sixty one thousand one hundred and three
dollars and eghty-sevcn cents (SCl i03 SD in war
rants. on which there will be an accrued interest
Of thirty thousand dollars $50 000). which princi
h.fa
all the balance Of said Indebtedness. which Is
due to private indiyiduals, the principal OF which
Is two hundred and seventy nine thousand two
hundred and twenty-t three dollars and sixty
four cents S259.223GJ, on which there viii be
one Thousand dollars te131 ,COD), making a sum
total OF one million one hundred and sixty thous-
and two hundred and seysnty-cight dol dollars
and thirty-onc cents 1i ,10o, ,z7s.31), to which
must finally be added the interest on all Of aaid
the bonds and; Provided, That two hundred and
fifty thousand dollars ts2500O0) of the bonds issu-
ed shall be in denominations Of cne hund red
doars (Slc5l; and the power to issue bends herr.
by granted slia;l expire with the payment Of the
funded but shall be paid At maturity"
Each elector voting at said election, and de-
sirus OF voting for or a,ninst the amendment,
shall deposit IN the ballot box . ticket wiereon
shall be printed or written the words For the
amendmsnt,' or the words Against the amend-
In testimony whereof have hereunto s,t my
band and anixed the goat seal Of the Etate ii
Colorado. at the City of Denver this third day Of
August. A. D. 1895.
A. .. NcGAFrEY,
iScaD Secretary Of Biaic.