The Taney County republican. (Forsyth, Mo.) 1895-1992, 1900-10-18
Proposed Amendments to the Constitution Of Missouri

he Constitution OF MISSOURI.
pay the tax SO levied ON such security,
it shall constitute q payment thereon,
and to the extent of such payment
full discharge thereof: Provided,
that in all such cases the interest of
the owner of the security, as well as
that Of the owner OF the property af-
fected by such mortgage, deed of
trust, contract or obligation. shall be
be assessed on terms equally fair and
Just. If the note or other obligation
secured, is entitled to credit by pay
ment made on the principal thereof,
the assessable value of the owner of
the security, upon the fact being made
known to the assessor prior to the as
sessment, shall be diminished by the
amount Of such payment, and the as
sessable value of the owner of the
land or other property, correspond
ing to place those Interested in any
way in such land or other property,
on the plane of absolute equality as
TO taxation.
Section %. Every contract here
after made by which debtor is obi
gated to pay any tax or assessment on
money loaned, or any mortgage, deed
Of trust. or other lien, shall, as to any
interest specified therein and as to
such tax or assessment, be null and
void.
FoRUTH CONSTITUTIONAL AMEND
MENT.
Concurrent Resolution submitting
to the qualified voters Of the state of
Missouri an amendment to the consti-
tuition thereof, authorizing the issue
of bonds by the city of st. Louis for
the purpose of aiding the corpora
ton organized for the purpose of
celebrating the Louisiana purchase
centennial in said city.
Be it resolved by the Senate. the
House Of Representatives concurring
therein:
That at the next general election
to be held ou the Tuesday next fol-
lowing the first Monday in Novem-
ber, A. d. nineteen hundred, the fol-
article Y of the state constitution
shall be submitted to the qualified
voters of the state. towit:
That section IL Of article x of the
constitution be amended by the addi-
ton thereto of the following words:
"And provided further, that the cor
porate authorities of the city of st.
Louis are hereby authorized to issue
interest bearing bonds of said city in
the amount of five million dollars, at
rate of interest not to exceed four
per cent. per annum, the principal
payable within thirty years from the
date of their issue, and the proceeds
thereof shall be paid to the corpora
ton organized for the celebration of
the Louisiana purchase centennial in
said city, to be used by said corpora
ton for said celebration, in holding q
worlds fair or exposition in said city.
And said corporate authorities of St.
Louis shall be repaid as large a pro-
portionate amount of the aid given
by them as shall be repaid to the
stockholders OF said corporation on
the sum subscribed and paid by them,
and any surplus remaining from the
assets of said corporation after said
stockholders and said city shall have
been paid in full, shall be divided be-
tween said stockholders and said city
in proportion to the aggregate
amount of said stock so paid in and
the amount 80 loaned by said city;
and any amount so received By said
city from said corporation shall be
paid into the sinking fund of said
city for tho redemption of its out-
standing bonds: Provided, that if at
the election for the adoption of this
amendment to the constitution ma
jority of the votes cast within the
limits of said city of st. Louis voting
for and against this amendment. shall
be against its adoption, then no
bonds shall be issued under this
amendment; and provided further,
that no such indebtedness so created
shall be in any part thereof paid by
the state OR from any state revenue,
tax or fund, but the same shall be
paid by the city of st. Louis alone.'
FIFTH CONSTITUTIONAL AMENDMENT.
Concurrent Resolution submitting
to the qualified voters of the state of
Missouri an amendment to the con-
cf;fnt;oo fboronf 0ufhorizSnu an an.