The Delta independent., 1896-10-14
PROPOSED AMENDMENT
T0 ahe Consultation 0G she Raate 81
Colorado,

To the Qualified Electors Of the s;sie Of Co:ora-
In pursuance Of authority IN me vested sy
Article XIX, Hecton 2. Of the Constitution OF the
Ma ia. passed by the Tenth General Assembly
Governor Of said STATE the eighih day Of April,
4. d. 1896. public notice + hereby gi.en thai .,
s 70 ,Se ss hsd IN tss
be submitted to The qu iei electors q the state.
for their approval rejectiun, the fDlowin. pro-
poscd am. to Article XI.. section }, " the
Constitution ef the State OF Co'orad,s
sec. ,. The state shall not Contract any debt
by loan or In any form. e.c'pt to erect pnblic
buildi gs for the use Of th- state. Suppress in-
surrecti.n. defend the si,ie Or y time Of war as
:. The de,t incurred In any onc year for erec-
tion Of piblic buiid nfs shall M exceed oee-
hs'f mil OH each dollar Of vauItion of taxable
properly within the ,tate. shown by the a'.s.,-
newt last preceding The creation of lhr debt.
j. shall NO. cs ,awa sors nens.. n .,ce. y
actua revenue OF the state of Colombo for the
preceding two years. except 70 suppress insurrec-
in de'e,dlns the United states. Provided. That,
in addition To- the amount Of debt that may Q
by i a to the amount Of twriyf hundred ihous-
and dollars ~ .AD9Ol; the D,s fors, ch indsbt-
educ !. shall dra. INERT at rate n.t net esseed ns
sold st not less than their rar value, 70 prov de
funds for the piymcpt OF obligations of the state
outs'andin at the end Of the hscnl year Will h
terminates November %. 1876: which said iidebt-
eslress includes fJur hun',r.d and forty three
thou. and pinc hundred ard my and eighty ONE
hundred, hs dnilars Csts3.sOSD in warrants now
held In the public school-innd. IN which there
will he, at the date offhc is.ue Of the proposed
bonds. an accrued interest amounting 10 two
hundred ard hfteeR thousand dollars te2tS.OuO).
which interest will then lie subject To dstribu-
tion amorg the public schools Of the state. aud
VIII ch farther am unit OF said Indebtedness In
ciud.e sixty one tho sand one hu dred and three
dol ars and eighty cents Sgi .i0Jsl) In wnr-
runfs ON which there will lie accrued intrrs-re
Of thirty thousand dollars Nn.0OC). which princi-
pal and interest belongs 10 other state funds; and
all the balance Of said indebtcdneas. which Is
is two hundred aud seventy nine thousand two
hundred and twenty three dollars and sixty
four cents ,S279,1l3Gt), on which there will be
an accrued interest Of one hundred and thirty
one thousand dollars Wl5i.ysD. making sum
total OF one million one hundred and sixty thous-
and two hundred and seventy eight dol. dollar.
and thirty-onc cents (3i leo Ns.3f), 10 which
must finally be added the interest on all Of said
debt from November 10. 1895. I'LL the issuance Of
the bonds; and; Provi.ed. That two hundred and
nfty thousand dollars tsz0.00l Of the bombs isen.
ed shall be In denominations Of onc hundred
dollar 90DD; and the power 70 issue bsn'is here
by granted Sal expire with the payment Of the
outstanding obligations. As Aforesaid . aud. also,
Proviiei. That the said bonds shall not lie re-
funded but -hn1 be paid at maturity"
sirp,i- of voting for Or against the amendment,
shall deposit IN the ballot box ticket wbereon
shall be printed or VT item the words For the
amendment, OR the words against tho amend
mrut"
In testimony whereof. I have hercunio st my
hand snd affixed The great seal Of the State of
CoIorno, at the City Of Denver. this third day Of
Ar. McGArrEY,
fScnD sccrctsry of state.