The Delta independent., 1896-09-23
PROPOSED AMENDMENT
To she Constellation or the Atafe o.
lolorudO,

Coisrnd..
To the Qualified E,ec,or, Of The State CT colora-
In pursuance Of authority in nae vested by
Article XIX Section 2. Of the Constitution Of the
st.te of Colorado. AID a. directed by House Bi II
No. li3. passed nv the Tenth General Assembly
OF the State OF Colorado, AMI approved by tire
Governor OF said STATE on the CT nth day Of prll
the general elrction 10 be held In the several
wards aud precincts in the state of Colorado On
the third day of November, a. b. LAG. there " II
be submitted to the quilted electors 81 the State.
for their approval rejection the following pro-
posed amendment tn Article NI., section }, OF the
Constitution Of the State of Colorado:
'sec. ,. The ststc shall not contract any debt
by loan. or in any form, except to erect public
buildi, gs for The use Of the state, suppress In.
sUrrc elton, defend tie state, or In time Of war
sist IL defending the united states.
The de.t incurred in any ons year for cree
half mill on each dollar Of valuation of taNablc
property within the state, as shown by the s,s.<s-
Il not Re @ any Il
to authorize any appropriations in eHcess 81 the
actual revenue of the Ftate ~ Colorado fir the
preceding two years except TO suprcs. inSurrcc-
lion. defend the state. or In time OF war TO assist
in defending the United states; Provided. That.
In addition l., the amount OF debt that may be
Incurred as ab we the state may contract debt
by l'an To the amount Of twelve hundred thous-
and dollars ~ ,9ne.j. the bonds for such indrb'
e'!ie-s shall draN lnierst at rate not exceed ng
four ~ per crntnm per annnm. and III All bc
sold at not less than their par value. 70 provide
fund, for the payment Of ohga' ions 81 the state
ouisianjing at the end Of the hscal year witch
terminates November ~, ts s: which ..id ii.d.St
edness includes four hun.ir, and forty three
th1rnnt nine hundred ard ffly aud eighty one.
hundred hs dollars iss,3, ,a0sI IN warrants now
held in the public schcol-find. IN wiien there
will he, at the date Of he i--ur Of the proposed
bonds. an accrued Interest amounting TO tN 20
hundred ard bfeea ihJ'.and dollar- fS2is.OpD
which interest will then lie subject to a istribu-
tion a'uorg the public 'choois Of the sts,c: aud
which further amount Of said indebtsanes- in
cludcs sixty one thousand one hudr-d and three
dol ars and eghtyscsen cents ts5i 100 81 In war
rants, on which there will lie an accrued int. ?, st
Of thirty thousand do lars $50 OoDl which princi
pal and interest belongs TO other state funds nd
all the balance of said Indebtedness which f.
due To private nliy duAi- the Principal OF which
II two hundred and seventy nine thousand two
fur cents s251223.ei), on which there will be
an accrued interest Of one hundred aud thirty
on. thousand dollars eisi.Ulpl, making a sum
total Of one million one hundred and s'sty thous-
and thlrty-one cents tsi .lco.25sgi). To which
must finally be added the interest on all OF said
debt from November ~, 1896, TIL the issuance Of
the binds and; Pruyided. That two hundred and
ffty thousand dollnrs tst0,OOl OF the bonds issu-
ed shall he In denominations Of one hundred
doliars tsitOG and the power TO issue b.nis here
by granted shall expire with the payment Of the
outstanding obligations A. afJresaid aud, also,
Provided, That the said bonds shall no, be re-
funded but shall be paid at maturity"
Zach ei-c'or voting at s,id election. and de-
sirnus Of voting for or against the amcndm. e..
shall deposit IN the ballot boI ticket whcrcon
shall b. printed or written the words For the
amendment or the words Against the amead
ment.'
In testimony whereof I have hereunto set my
hand and affixed the great seal nf the State ~
Colorado, at the City Of Denver, this third day Of
August. A. d. isej.
a. n. McGAFFEY.
tScso Secretary Of state.