The Delta independent., 1896-10-28
PROrOSED AMENDMENT
To she CSassitusi0n sf she Atase q
Colorado.

To the qualified Electors Of the State OF Colora-
do. Greeting:
Artiri. XIX. Section q of the Constitution OF the
State Of Colorado. and Rs directed by House Bill
No. liS. passed by the Tenth General Assembly
Of the STATE Of Colorado. and approved by TIE
Governor Of said state on the eighth day Of April,
A. d. 1896. public notice Is hereby given that a,
the general election to be held in the several
wards aud psecincts I'm the State OF Colorado on
the third day OF November, A. ID. 1896, there will
bc submitted to the quilted electors OF the state.
for their approval or rejection the following pro-
posed amendment to Article XI., Section 3. Of the
''sec. .. The state shall not contract any debt
buidiugs for the use Of the state, suppress In
SURE ction defend tie state, or in tine OF
sist in defending the United states.
The dest incurred In any one year for cree
half mil on each dollar Of valuation Of taNablc
property within the state. as shown by the ssses--
Il mall % no, :. sw for @ sny GeSsr al scby
~ authorize any Appropriations In excess II the
actual revenue Of the state Of Colorado for the
preceding two years, except to suppress insurrcc-
lion defend the state or, In time of war TO as-ist
In defending the United states; Provided. That.
Ia addition T., the amount NJ debt that may he
incurred rs ab,ve. the state may contract deb.
by lna1 to the amount OF twelve hundred thous-
and dollars si 50,60i. the bonls for such ind-bi-
edness shall draw interest at a rate no, exceed ng
four ~ per erntum per annum, and shall be
sold at not less than their rar vaiue, to provide
on; standing nj the end Of the fiscal year which
terminates November W. is,5. which s,id ipdebt-
tho,isand nine hundred aud my and eighty
hundred hs d',!lars cstt3, go NJ In warranfs
held in the public sehool-ftind, on which there
will be. at the date ofthe issue Of the proposed
bords. accrued Interest amounting TO two
hnndrcd a'd fffeep thousand doinrS ls2isnOll.
which Interest will then he subject to dstribu-
tion arrud.g the public schools Of the state and
which further am unit OF said Indebtedness In
clusit = xty-o thousand one hundred and three
dol and eighty seven cents ISL .i03s7) In war
rants. On which there viii he accrued Interest
Of thirty thousand dollars tsp.fco1, which princi
ma 4t e' Ia tat
all the balance ~ said Indebtedness, which Is
due to private ndiy .duals, the principal of which
Is two hundred and seventy nine thouSand two
hundred and twenty-threc dollars and sixty
fur cents sg7o.2s3.Gs), on which there Will be
accrued interest Of one hundred and thirty
total Of one million one hundred and sixty thous-
and two hundred and seventy eight dol dollar
and ihrty-one cents sl, ,fep.g7s.3il. to which
must finally be added the interest all Of 81 vi
debt from November ~ 1895. til the issuance Of
the bonds, and; Provided That two hundred nd
fifty thousand dollars ls2J0gssi of the bonds ssu-
cd shall he in denominations of ono hund~cd
dollars fsiOpe and the power To issue bends here
by granted shall expire with the payment Of the
outstanding obligations. as Aforesaid and, also,
Provided, That the said bonds shall not be re-
funded hut shall he paid at maturity"
Each elcc'or voting at said election. and de-
sirons Of voting for sgainst the Amendment,
shall deposit IN the ballot bos . ticket whercon
shall he printed or written the words "For the
amendment, or the words Against the amend
ment.-
In testimony whereof I hare hereunto set my
hand and afiixed the great seal of the stafe II
Colorado, Al the City of Denver. this third day of
August, A. y. 1886.
A. n. McGAFFEY,
tsenD Secretary of state