The daily sentinel., 1910-10-27

Section l. WHEREAS. It appears
from from IN: register Of warrants in the Of
state treasurer that warrants of the
State of Colorado were duly issued dur
Ing and prior to the year 1897 for the
seventy.threes Thousand and Seventy
one Dollars and Eighty-four cents
xssIs,oI:sD. and are still outstanding
and unpaid. as follows.
warrant; arr MT; for the year 1887
for the the year year sss sss ts
Warrants for the year 1892. bT67.3o
Warrants for the year 1893 593253
fSr fSr the the year 1881 1881
Ali Of which warrants were duly ,IVi pre-, le,
sented for payment. and bear Interest
at the rate of six per cent per annum
smpqntlns ann appSIoximstely principal
the sum of S2.1t4.762.96:
And. Whereas. the major portion of
the above Indebtedness Is held in the
which. under the constitution Of the
state, must forever remain inviolate
and intact, any loss thereof to be sup
And, Whereas, II further appears
that all of said warrants were issued in
payment OF the ordinary expenses OF
the legislative. executive and judicial
departments of the state government,
Including the per diem and mileage OF
the members of the general assembly:
the per diem of the Legislative clerks
ana employees: the salaries OF the gov
ernors, attorney generals. secretaries
OF state. superintendents of. public in
appointivs executive Officers and
employees; ennn,o Judges of the .a-
and district attorneys; the legislative,
executive and judicial Incidental and
contingent expenses. and expenses In
and the maintenance of the state peni-
tentiary. insane asylum. Industrial
senooi. reiormatory. esrlouiturai col
Whereas. no moneys are now In the
hands of the state treasurer. of the
wherewith to pay said warrants. or
any OF themi and all the said indebt-
edness should be funded at a lower rate
Section ?; There shall be submitted
TO the qualified electors of the state
o. colorado at the next general cleo
bly,, for their approval or rejection. the
following amendment to the Constitu-
Rs OF raed III s'fs ss of wass Soss
voting thereon shall be valid as a part
of tho Constitution, to-wit:
Section Three t3) of Article Eleven
(XD OF the Constitution OF the State~of
Colorado shall he amended SO As 10
rend as follows:
D.
tract any debt by loan In any form. ex-
cept to provide for casual deficiencies
Of revenue, erect public buildings for
tion, defend the state, or. in time of
war. assist In defending the United
States; and the amount of the debt con-
tracted In any one year to provide for
deficiencies of revenue. shall not exceed
one-fourth of mill on each dollar of
valuation Of tfxable property within
such debt shall not At any time exceed
three. .fourths Of q mill on each dollar
ss.n Of said W, valuation. until the valuation
lars. and thereafter such debt shall not
excesd one hundred thousand dollars.
for srscte1 Of puSiie Suiidinas n 1n' :nai Ssl
not exceed ons-haif mill on each dollar
OF said valuation; and the aggregate
time exceed the sum of fifty thousand
nv. Of thl: srticis). and in ali cases tn.
shall be that Of the s..e.smsns last
.,adrE, @prOyid'd that hat in sasition to II: he
incurred. iS1s .. ssoS.. sS. h n. .t.ss %sy may ~
Ssnss:s' SSapo:s syn IL. S:n pTino,S. s1l sai
.ndns .ns issTuss % .Sd = !, ri. ssH ..ts f.t
fa. is .1.ss. Sc lss. 81 I I1:.l: ana ,s.s; s ::.s
S BE s:ss.. nsns SeSas sos TO
or so much thereof ss may be nscessary
to pay said warrants ana intsrsat
dated December list. 1910. shall be pay
ss s . at ,ns opSs em. .l Il tn; ..n .s e
psyssis fitsy isSj ys.r: .i..t .h.ir
81 oc On: shG HunSr.1 mare Doii.rs s' tsiscse9 Zach.
OF any mulsle,: thsreos. Ths tsssssst
psa ps.y !. tn: :. ,s' *. .s. Il :rs q &: ssa
treasurer. or at some place In the city
of New York, U. g. A; and the principal
OF said bonds shall be payable at the
office Of the state treasurer.
mo such bonds shall be Issued except
at par and accrued interest. ana upon
eanceilation Of q like ansunt Of prin-
clpai and interest Of said warrants.
said bonds to an amount eauaNng
Sy The public school fund shall BE reg
istered by the state auditor and state
treasurer in the name ana for the esns- BEN.
an ana 7. snail ni not ;. ,ra3.ferssi..
And ali such bonds to An amount
SS.Sa Sa n: !: n: iss ssa $:
sold by the state treasurer At net less
than par and accrued Interest: and the
FUND. and distributed 10 the several
counties and school districts of the
state for school purposes. In the pro-
portions and In the manner required BY
law"
election, and desirous Of voting for or
against said amendment. shall deposit
be printed or written the words: For
the Amendment e Section ef Article
Nj of the Constitution. Funding the
state indebtedness" ana the words:
Against the Amendment to Section !
Of Article xI Of the Constitution. Fund
Ing tho State Indebtedness" and shall
Indicate his approval or disapprovai BY
placing q cross (x) opposite one or the
other Of said grsups of werds on his
ballot.
rejection of said amendment shall be
canvassed. and the result determined, In
the manner prescribed ~ the laws Of
the state for the canvass Of vetes for
represent atives in congress.
Section 4. Immediately upon asesr-
taining that said amendment--to the
Constitution has been adopted by the
people Of the state. the governor, state
auditor. state treasurer. attorney gen.
eral and sscretAry Of state shall meet
together at the sffics Of the state treas