The Lamar register., 1896-10-31
PROPOSED AMEkDMERT
To the Consultation of the State OF
Colorado


10 the qualified EisetoEs 81 the State Of Cole
In pursuance of authority in me vested h, A.
iiels NIX. Section !. ef the Constitution Of the
state q Colorado. and directed hy HoIlzc Bill
No, ii5, passed Is the Ieuth General Assembly
Of the STATE u e dorado and aprraved - ths
Guyeruor of said State on the eighth say % April
4. y -, Pail,s to'iee . iera,eg gwen ttat a,
wars aud frerinffs IA the State 81 tolorAifD sg,l
tse third day q NoFe7nt'er, a. ID, lsss, thervxsn
- submitted 70 the qualified electors ~ the
STATE. for their approval rclection. the fol-
lowing nEopcsrd anssusifnrut - Article XI-- Sec
rados
sec. = The state shall not oaatrass any debt
buiidinrs fr tlis use u the state. snpprs- insnr-
scction efrrd the state. time IL v ar assist
10 defending the united state
The dent Incurred In any one year for erec-
tlnu of Puhlic huaidiuce shall not excesi one-hnf
li % eseil dollar nf valuation of fnxnbie prvss-
cry within the state. as shown BY the aszes--
meat last rr,caedins the creation Of the dsht.
u shsll uet b. lawful for any General Assembly
setual revenue - ihe state q Colorado Tor tho
prec"edins i've yrars. exoey1. 80 suppress insur-
assist in dsfeasiinR the United ssato.; Provided.
That, in addition 70 the sHeunt " debt that
nlay - sururri.d ~ above. the state niAy con-
tract a debt By loan 70 the amount of twelve
hundred thges and dollars q -sso. .esoj the buds
to5 suei, infiebteir.-7 shah dra~ interest at
rat- not sxess,ding fcnr q per eeuturn per an
rum. and shall b. sold ~ not less than their
par value, 70 provide funds for the payment of
obligations of the state outstanding at the end
Of the tscal year which Terminates Sovetn bcrss
ls5; which said Indebtedness ncifles four btiIi-
dred aud forty-three thousand nine hundred
and itty aud eighty ons-hundredtlss dollars
sti1A.ag.-Ol in warrants how held In tho public
school fund which there will h. at the date
Of the issue Of the proposed bonds, an accrued
interest atnenHtin-S 10 TWO hundred and fifteen
Thousand dollars ts2ls.toli, " lich interest will
then be s1hiec. to distribution among the pth-
lie schools of the state; aud which further
amount Of said insiebfetiness inelude< sixty-c.e
Thousand hundred and three dollars and
eighty --sysfl cents ISL .tfas7i in warrants. on
which tiere yill b. an accrued interest of thirty
interest belongs to other state funds: and all
the balance u said Indebtedness which 4 due
to private individuals. the principal Of which 4
two Eunured and snxenty-nine thousand two,
huf.irsi aud tvefi; yihree dollars and sizty-four
cents ls-EsZz3-elf, on which there viii h an ac-
crHied interest Of one hundred and fhiTty-one
Thousand dollars lSisi ,0lul. making a sum total
Of one million oue hundred ard sixty thousand
two hundred and setenty-eisht doh dollars and
finally be added the interest On all os said debt
from NoFeInbsr -, leat. till the issuaDcs 81 the
bonds and; Provided, That two hundred and
fifty thousand dollars gS25eDGl Of the bonds is
sued shall BE- in denominations Of hundred
hereby granted shah expire with the psyrnenr
Of the outstandiug obligations. as aforesaid:
and, also, Provided That the said bonds shall
not b refunded but shall be paid at maturity
Zach elector voting at said election. and de-
siruqs nf voting for or against the ainendnenf.
shall deposit IN the ballot box a ticket wbern4i
shall be printed or written the words FOR tho
meat"
In testimony whereof. / hare heraunto set MY
Colorado. at the City Of Denver. this third day
A.B. McGAFFEY.
tseall Secretary Of State.