The Delta independent., 1896-09-02
PROPOAED AMENDMENT
T0 the Consultations Nf the Mate nj
Colorado.


To the Qualified Electors ofihs State Of co'ora-
In pursuance of authority in me vested by
Article XIX, Sectipn 2 of the Constitution of the
State ~ Col lprsdo. and as directed by Horse Bill
No. li3. Passed by the Tenth General Assembly
Governor of said Slnie on the eiyhtn day Of April.
A. ID. 1895. public notice Is hereby giye1 thai at
e n1 cc,nc 10 , pc Isa ss IN UaorsSo on
the third day Of November. A: u. 1896 there VIII
be Submit Il to the au iiici electors 81 the state
for their approval rejection. the follow N pro
posed amendment 20 Article xI. Section 3. Of the
Constitution Of the State of colorado;
'.sec. J. The st-te shall not contract any debt
bnildiags for the u7c OF the state. suppress in
Sit si 10 defenains The tinted states. -
The dent incurrci In any one year for crcc-
tion Of public build rs shall not exceed orc
ha,f mil on each dollar Of ya'uation Of taxable
prnperty withfa the state. as shown by the assess
meat last preceding The cratlen q the debt
70 authorize any appropriation in ercess u the
actual revenue Of the state Of Colorado for the
lion. defsnd ti,c state or in lime Il war to assist
IN defending the United States: Provided. Tnnt.
in addition .. the amount Of debt that may he
incurred rs abpvc, the stato may contract debt
by lea, TO the amount Of twelve hundred thous-
and dollar. ~ -eS,oyn: the bonds for such ind.bt-
edcss shall draw in.er st at tate net exceed ng
four ~ rcr c-ntum per annurn. and shall be
sold at not less than their par value, 70 provide
funds for the payment Of obligations of the state
outstanding al the end Of the fscal year which
terminates November 20. 1876: which said iisdeht-
edness fnclu1es fpur bunfred AMI forfy -tirec
thoti-and nine hundred and fifiy and eighty ONE
hundrcdihs dollars sii3.alOJyy) in warrants now
held in the public schcol-f.snd. On which there
will be, at the date offhe is>ii- Of the prnpoaed
bonds, an accrued interest amounting to two
hundred and fffeeu thousand doliars tt2i5.go).
which interest will then be subject 10 d,stfibn,
ton among the public schools Of the state, and
which further ann Tunt Of saId Indebtedness in
cludes sixty -onc thoasand one hundred and three
dol and eigiifyseyen cents t-ii lo3ss) in war
rants. on which there will lie accrlird interest
Of thirty thousand dollars fsnoCn). which princi-
late l,ar NIL Mt
all tho balance of said Indebtedness. which IL
due to private indiy da,s the principal Of Which
j. two hundred and seventy nine thousand two
hundred and twenty three dollars and sixty
four cents fsy5s.1g3cp, on which there VIII be
an accrued Interest Of one hundred and thirty
one thousand dollars tSi5I .ooD. making sum
total Of one million one hundred and sixty thous-
and two hundred and seventy eight dol dollars
and thirty-onc ccnu ts1 ,I60.g5sSi). 10 which
must finally be added the interest on all OF said
the bonds; and; Iryyided. That two hundred and
ifty Thousand doIiars fe2o,0DG Of the bonds issu-
ed shall be In denominations Of one hundred
dollars teie0) and the power 20 Issue bands here
by grsnfed shall expire with the payment Of the
outsfa nding obligations. Aforesaid and. also.
Provided, That the said bonds shall mt he rc-
funded bza shall be paid at maturity
Each clecfor voting af said election, sBd de-
sirnus of voting fr or agaiBst the an.epdmrnt.
rhall deposit IN thchailot box . ticket whefeBn
adali he printcf or written the words For the
amendment Or the words "a eninst the amend
In testimony wh~-e~f. fave bereunto set my
hand and asnxesi the grrss scsl Of the et,se q
Colorado, az the Cify of Denver. this third day n
A. y. s,rfiAFrEY,
(SesD scsresafy Of state