The daily herald. [volume] (Brownsville, Tex.) 1892-1897, 1897-05-20


ity vote of any such equity.
Passed April 2, 1897.
stititon OF the State OF 7, by adding thereto
Section IL =.
Whereas, the laws of the State of
Texas aushorize the severaI Counties
in this State, through their Commits
sioners court, to Issue bonds for The
erection of court hoases and jalis,
and the construction ami purchase Of
bridges, and
Whereas, the statutes of the State
of T.xas authorize the Board of
Educatiou OF said State to invest The
Dermanent school fund the; eof IN
bonds issued for the purposes sfore-
said by the said counties. aud
Where's, the Board of Education
of this State. in pursuance of said
statutory authority, has purchased
as an investment foe the permanent
school fund of the State of Texas
boads approximatirg three million
dollars, and
Whereas. the Constitution of thu
State of Texas provides that DO deb
for any purpose shall ever be incur
; red in any manner for any city Or
county. unless provision is made a
the time OF i,s creation for the levy
: ing and collection of sufficient tax
to pay the interest thereon, aud pro
vide at least two per cent as sinai
ing funi, and
; Where's, it is believed that some
, of the bonds SO purchased by the
State Board OF Education. as an IN
vestment for the permanent school
, fund we're not issued In conformity
I with that provision Of the Constllu-
/. tim. and it is doubtful whether prop
, or provision was made at the time
|, of the at. mpted creation of sal debt
S evidenced by said bonds. for tee levy
D of IA tax to serure the payment OF IN
: terest and the creation OF sinking
: funl. and that some of said bonds
}, may therefore be held Invalid by ih'
. courts, -,
e Therefore, he it resolved by tn
? Legislature of tue State of Texas
t that article XI of the CONSTITUTION
= of the State OF Texas be amended b.
s add:ng thereto the following. whlci
Il shall be denorniuased Section III
20 SECTION II. That al bonds hereto
u fore issued by the several countries o
( Texas for the purpose If the erection
n of court houses and lis. aud for tn
- purchase or construction OF BRIGGS
a and that have been purchased by TIA
:. prnper authorities of the State G
Is Texas az an investment for tue per
re maneDt school fund of said Stati
y and that at the time of the creatlo
% Of said debt, evidenced by sal
= bonds, the provision for the levy OF
10 tax for the payment of the interes
u and the creation of a sinkirg fun
IN was not made, shall not be for ths
10 reason held 10 be invalid ; bat Sal
K bonds are hereby validated, and al
er hereby made valid debts against TIA
= severalsesunties by which they wei
' e issued.
Hi Be it further resolved, that 10
er amendment shall be submitted to
Do vote of the qaa lied electors OF tt
State of Texas on tue first Tnesds
III 10 August. 1897. at which electl'
ca al voters favoring said propose
It's amendment shall writs or have prln
On ed on their ballots the words "F'
ed H. ar,and meot m Articles XII Of ii
CD CONSTITUTION, vail iatiug 'uds he
70 By the State as an investment for Il
re permaneut schnol fund. end ali yC
re ers opposing said amendment sh'
le, write or have printed on their baiio
lot the words against the amendme
to Article XI of the Cons'itutio
OF validating bonds held by the Sta
ca as al Investment Tor the pelnane
c7e -sszessE szr,s4s =