Gunnison news-champion., 1910-10-07
os7s.s7ls4

y arsaa.. iss *. ys.s iss. aS:ls.ia
Variants for th< yser ises 2.<ss.ee
All u which wasrsa,s we're suiy 80
scented for pAyDeos. 80 boas ku&se~o9
at the rate % sia Der cent. Dsr eanuo.
aud Interest. % Scvs.sber sssn' isis' ss
The sum of s2.if4.7s2.ee
And. Whereas. the major Ussttsa =
1he above inaebteaasss y held ta -
state school fund - en- invest 0ou8.
which. under the constitution of ~
state. must forever remain tnvtoa0Ao
and intact, any ioss shsseSf 10 bs -
And. whereas. n further aoDeaou
that all " sod Worroata Wooo tuDHso1 -
payment Of the ordinary expenoss =
departnsats Of the state goveramest,
the members II the general ass-mblg
"s oven Il. sns ..:s: o. sss Sow
ernors attorney Generels. sscrstashDs
e state. superintendsnts of public tn-
s,rsotion. stsas o.disosa trssssrss. e
Appcintivs s.ecutivs osstcsss esa
emeioyss. 5ueSss ~ ss-
preme. district and ertninaa coseee.
exscutive and Judicial Incidental and
contingent expenses: end eHpsnses In
CURED for the erection Of buelotn0s,
isntIsry. insane ssyisn. inSussrisl
school, yofoeHAtory. sgricaItural col
isGe and sei1ssrs end saiioss home
Whsssss. no u,oaeys ere nee 10 -
haaes Of the steeo tveasurss, a ~
revenues of the fiscal wears aforessia
wherewith to pay said warrants, OF
any Of thew; and all The said tnasbt J.
edness should be funded at q lower rate
Of interest; therefore
Section O. There shall he subRitted
TO the qualified electors Of the stste
Of Colorado. at the newt general cleo
o1Da Of membS0o Of the General Assem-
bly,, for their approval or rejection. the
tion Of the state Of Colorado. which,
whom ratified by . majority - thoss
voting thereon. shall be velta - psst
Of sns &c, Ce"s.,, =ss s.'".' to,wM ... .,-..,
(KD - ths Cossttt Htien - the atsts 81
cslereAo she'll be amended 90 ss "a
1scties 3. The stste shell not con
tract sny eebt by lees IN any form ca
cept 10 proviAe fes essuai eSficiencLes
Of revenue. eject public buildings FOR
wsr. assist In oefendiaG the Unhed
states. and the amount q the debt con
sss ysss .ss nc, sss.ss
one-feurth Of q mill on each dollar OF
valuation Of taHsble property Within
such debt shall not 81 any time exceed
three -fcurths Of a will on each dollar
Of said valuation. until the valuation
snnI es eesa one s.mdrsS h m,,,'ns a sf d"l
enceed one hundred Thousand dollars.
anA the debt incurred In any one wear
for erection of publie buildings shall
not exceed one e-half mill on each dollar
ef said valuation; and the aggregate
amouRt Of sHch Aeb< shall never at any
etae saceea the sSa Of fifty thousand
five Of this srticie). and in ali cases the
valuation in this section mentioned
shall be that of the assessment last
sPrav,ded' G that 'i1 in ADDITION tito ITO TO the
Incurred. as above. the state may
contract debt by loan for the
and accrued interest Of all the out .
standing warrants issued by this state
during and for the years, 1881 1sSs
debt to be evidenced by registered eou-
pom interest hearing funding bonds 10
On amount not exceeding t2.l15.o0o-oo.
or much thereof as may be necessary
thereon.
said funding bonds shall be
able at the option Of the State of Colo
rado at any time after ten wears from
their date. shall he absolutely due and
PAYABLE fifty 800 years after Their
of One Hundred Dollars WIoo.oob each.
or any multiple thereof. The interest
on said bonds shall be payable semi AN
per annum at the office of the state
treasurer or at eome place IN the CITY
of New York, U. 5. A.. and the principal
of said bonds shall he payable at the
office of the state treasurer.
mo such bonds shall he issued except
at par and accrued interest, and upon
the contemporaneous surrender ana
of like amount OF prin-
t.ipal and interest Of said warrants
said bonds to an amount eauallng
the principal of said warrants now held
by the public school fund shall be reg
istered by the state auditor ana state
treasurer In the name ana Tor the heht
ftt of and payable only TO the said fund,
and shall not he TRANSFERABLE
"And all such bonds to an amount
eaualing the interest on sald warrants
now held In the school fund shall be
Sold bv the state treasurer at not less
than par and accrued interest. and the
proceeds thereof paid into the school
fupd and distributed 10 the seNerai
counties and school districts of the
state for school purposes. In the pro-
port Ions and in the manner required By
section & Zach elector voting at said
election, and desireus of voting for o.
in The ba Hot box a ticket wherson shan
ne printed or written the words. For
he Amendment To Section of Article
Nj cf the Constitution. Funding the
Against the Amendment to section
of Article XI of the Constitution. Fund
ing the state Indebtedness ard sha
indicate his approval or disapPrOval by
other of said groups Of words on his
The votes cast FOR the adoption or
re lection of said amendment shall he
ranvassed. and the result determined. In
The manner pre- escribed bv the laws Of
tho state for the canvass Of votes FOR