La Junta tribune., 1908-10-24
coxsr1rUrsoxAL AneNDnsNr.

ns,,s' nsr.es s.ysss ssi is.s ,,,ss "a
he submit ed to the qualified electors OF
the State Of Colorado the question Of
The authority for submitting such
Qu.stioa ir foGnd In House 1911 ~ irs.
which is. In woras and figures. fuilo a.
AN ACT
To Submit to the Qualified Hiertors of
~ STATE of Colorado su Amendment
&c Section Thr.. ,5b of Articl' Eleven
(&I) OF the Constitution Of Ia. Strt-
or Colorado: and 10 Provide for tue
Creation of "a Bonded In'icbtedu-s- on
Behalf OF the state to the Amount Of
9ss3.t5s,st for the furI,ose OF Fun iinS
All outstanding Legal Warrant OF
the state for and Prior to tn. N"gf
1897 and to Provide for the Issue and
Payment OF said Bonds.
! Be II Enacted by the General Assem-
bly, OF the state Of Colorado.
Section J. There .ail DE submitted 10
the qualified electors oi the state ~
OF members OF the Genera. Nss.nl'is i"r
uieir approval or rejection ti- 'oil" Gins
amendment to the Constitutions o. 10.
state of Colorado. which. when ra'iiss
by a n's Jotity Of those voting th"Tc"iis
. shall be Mid -s part OF tue t"n-ti-
s.rtiou Three ,sy OF trticte Ei.v-n
fNIl OF the CunstitutInn oi tie STATE OF
coIorado shall be amended so ~ 10 r"gd
see. 8 The state shall not contract
any d.-bl by loan ia any fpr'n. sSc-pt 10
provide Tor CASUAL uNnci~htErt OF ~
enue. erect pgblic buildings Tor nrs OF
the state suppress in-utr-"iion. d" "tta
Ie STATE, oE. ~ time - var. ass! ~
defending the tnitrd states, nrH tt-
= mount Of debt contracted IN any one
year TO pFoNiIs Tor deficiencies OF rev
.uue. shall not exceed one -iDurth 81
mill OF. .Ai.il dollar of valuation OF tax
able property within the state. aud tho
aggregate .ituunt al 81 b drbt sitai- os
"a any time exceed three fourth ni
mill on each dollar oi said Naiut s.on
unJH the valuation. shan equal one qua,
tlT-d n.'ilious Of dollars. aud th"r".'tt"I
Turr aSbt SHAH not exceed on" huih. -
thousand doltars. and tlIe debt tn"uEr"7I
Ia any one year for tb" erection "f pau
ia buiId,uEs .uall not exceed on,-- fllf
mill on zach dollar of said valuation,
and the aggregate amount Of such H"nt
shall never at any time 'N'eed tiir ~HiA
of IIfty thousand dollars. trNccpt -sT
iiroN ih,.d In section fiN. of ibis arttrf"t.
and In ali cases the valuation in This
.s.t4On mentioned zusil he thIt pi t.is
assessment last pre- sdiuS the cfehll"h
Of said debt
amount Of dcut that ma De incurF'd
as above the STat. may contract. a
debI Sy loau ior iIa iidAting OF rsJr.tr-
INK TIE principal uU-f- OF the warrSHis
th. year ISAs iNsA. 1853. 1882. 1883.
1925 and 1897 said d"nt by loan 4" be
.ytd.Ev-d by registered coupon iut"r-
est funh{uE bonus iO an amount nor cN-
c~.dlug cigut hundred aHd seNsnty-
three thousand four hundred and mo
seven dollars and ninety -Four cents
tSs.s tas.sIJ or much thereof a. may
Ice necessary 10 cancel the state in1rbt-
.tne-s herein named. such funfliuS
bonds -baiI 10. payable. ct the option Of
tH- STAT. any time after ten years from
their dat. bat shall be due and plFH-
bI. ~ItnIu fifteen years after date. rpH
shall 10. OF suci denominations a. fle
state Treasurer may deem best EHr
boudr stall bear interest al the rate "t
three per cent per ahhHm. interest," pA9
ADJ. s.uti-anuu-iliN at she uIfice OF the
STAT. Tfearursr DT ~ som" place in ~"
CITY Of New York. state Of New York
fTlse Hrtnflpal EI aid bonds rnAll Ee
payable 1t the "ftiEe Of the Sitic
Treasurer aud shall bear interest," from
Iuy no ,u6h bond. shall be issued *
cent Iu cN"iaug- TOT ike amount pt
IndsufsGnes~ and upon the snrrendri Or
warrants cNid.ucius tue same. eA'!
The state treasurer is hereby author,
ICED aud directed to exchange raid
bonds for equal amounts pf waTrHnts
presented for exchange by iudiviu nat
holders or Of warrants beii by the pun
funds under his cOptrul issued iu thc
years above banned, and the state
Treasurer shall register aud keep the
enndt Ia the pamr and i"t me ben'lii
of th. public school fund. aud other ia
v--tm.nt funds nnder ~, eontr.i !.
Ssrtiou Each .l=stur Nptfr < At
such election. and dssifous OF soliug
for or against ihe amendment. -iiaL
wii.r.ou shall IL. printed ar writtan the
words: For tn, anne eldnent TO See.
? of Artiel. NJ OF lhe Constitntion
j
the words Against tltc amendment tc
Fec Of Article NJ of the Constitution
funding The stste ind.b'e,in-ss. and
AhsIi Indicate his approval or di,ap-
proNsl of the sam. by placing cross
tNp orposite one or the other OF said
-robps NJ word. on hi. ballot The
vssss east for the adoption or tie re-
lection of said amendment -hail be
cantu,rsd and th- result determined
In the manner described by the laws of
the Stste for thu canvass Of votes Tor
representatives la conxr.ss
section ; Upon s,eertaininx that
hss been sdoptgd. the GoSernor. TIE
State Auditor. ii.. state Treasurer. the
Attorney General aud the Secretary OF
State shall meet together at the office
of the state Treasurer snd organize
= debt fundinE board by e.e,;tinE
one of its members president and an
other secretary of said bosrd Ebrh
member Of said board or their succos-
.ors In office shall take snd snbscribs
oath of office aud file the same with
the Secretary of state in the usual
form required OF state officers for
auired BY this Act said board = here
by empowered to subpoena witnesses.
send for persons and papers. admipfs-
ter os this. and perform all other Acts
necessary to the speedy and proper dis
charge OF its dulles The Treasurer
and Auditor shall furnish the necessary
clerical help required by the board
section !. When said board has de-
termined the amount which should be
paid upon each warrant. 1t shall make
and file fnli and complete statement
of rs findings and determination with
/, the Auditor OF the state. and the de-
cf-ton of ma torfty OF the board shall
be final
Section s. After the board herein
provided for has filed its report and
findings with the Auditor of State. ,ss
Governor. the treasure. and tile Secre-
taPy OF State are hereby authorized TO
issue the bonds of the State Of Colo
radg in accordance with the constitn-
tion a. amended In a sam not exceed
ing eight hundred aud seventy-three
thousand, four hundred and fifty-ssv.n
dollars and ninety-four cents CsS.5-
$3.50 and to exchange said bonds
so many thereof may be necessary.
at ?a1. for the amount of the principal
due any and all OF said warrants.
and which are offered I'm exchange by
the legal holders thereof and unpaid
ON April lst. 1909. upon surrender Of