The daily sentinel., 1910-11-02

ing anu PRIOR 10 the year 1891 Tor the
aggregate sum OF Eight Hundred and
Sevsnty-thres Thousand and Seventy
9ns s,, Doliars and Eishty-four cents
aIs;1nmssd3. "a nnssd3 and are stu outstanding
warrants for the year 1887
iSF iST he sss year s; sss
Warrants for the year 1892. 5.767.30
Warrants for the year 1893. 5.932.53
fSf Tor the the year 1851 'ssss
All H'e Of which warrant, were sSIy prs. prs.
sented for payment. and bear Interest
at the rate of six per cent. per annum,
sm,eqinting am, uniting, appEosimately; principal
the sum of 2.I14.7629s;
And. Whereas. tho major portion of
the above indebtedness is held In the
which. under the constitution of the
state, must. forever remain invioiate
and intact. any loss thereof to be sup
And. whereas, II further appear.
that all of said warrants were issued in
payment OF the ordinary expenses of
departments OF the state government
including the per diem and mileage OF
me members of the general assembly;
and employees; the salaries of the gov
ernors. attorney generals, secretaries
OF state. snperintendents Of public in.
81 thdt'aOht sthtc duultoTb. tTta3uTeT1 OF
appcintivs executive Officers and
employee enn2no s :,a, Judge. of me su-
and district attorneys; the Legislative
executive and judicial incidental and
contingent expenses; and expense: In
and the maintenance Of the state peni.
tentiary insane asylum. industrial
school. rsformatory, AGRICULTURAL col
lege and soldiers and sailors home
and,
Whereas. no moneys are now in the
hands OF the state treasurer. of the
wherewith to pay said warrants, or
any Of them and all the said indebt
ednsss should be funded at lower rate
Section =. There shall be submitted
to the qualified electors of the state
OF Colorado. at the next general cleo
bly,. for their approval or rejection. the
following amendment to the Constitu-
tion OF the state of Colorado. which.
voting thereon. shall be valid as a part
of the Constitution, to.wit:
x ef III. esse & Q, Article ,S EsysI
Colorado shall be amended so as to
Section s: The state shall not con-
tract any debt by loan In any form. ex-
cept to provide for casual deficiencies
Of revenue, erect public buildings for
the use OF the state. suppress insurrec..
war. assist in defending the United
States: and the amount Of the debt con-
.raeted In any one year to provide for
one-fourth of mill on each dollar of
valuation of taxable property within
the en state; dss and .nd the aggregate amount Of
three fourths of a mill on each dollar
of said valuation, until the valuation
lars. and Thereafter such debt shall not
exceed one hundred thousand dollars
and the debt incurred In any one year
not exceed ons-haif mill on each dollar
amount OF such debt sha never at any
aor: a' :1P OF y :scsoS
five Of thi. articls). and In all cases the
yslTation in this section mentioned
sa:.. :a. +: 'ss ss OF hs .; ::S sss last
:nasss '' 'e:s S:s. - s:s'''Ss may y 5: 5:
as. sov sy n: loan '.ss tor %ss sss
purpose Of p.yins The principsi
and ns.ru:a ,n,.r.;t .a Of 4, H. h. ,hs out.
s isss. issR. 1895. 1877 rs 1ssi ana 1881; sad ..id
debt to be evidenced by registered cou-
eH" en .mosns no: iSnaS
or so much thereof as may be nsee ssary
to pay said warrants and interest
said funding bonds SHAH b.
able at the option Of the State of Colo
sseir seG a. d.ss ny .hali % be % sS.oiut.Iy az. snS
date. ana shsli Ss Of the d.nominstion
OF OF on: an. hSnen;e muieps % r.. sse
nusiiy At the rate Of thrs: per cent
treasurer. or at some place in the City
Of Of said bonds shsii be payable At the
office of the state treasurer.
mo such bonds shall be issued except
at par and accrued interest. and upon
eipai and interest OF said wsrrants
'said bonds to an amount eaualing
the principal Of said warrants now held
istered by the state auditor and state
treasurer in the name and for the bsne-
fit of and payable only to ths said fund
And all such bonds TO An amoant
equaiing the interest on said warrants
now held In the school fund shall be
than par and accrued interest: and the
proceeds thereof paid Into the school
COUNTIES and school districts of the
state for school purposes. In the pro-
portions and in the manner required BY
Section 3. Each elsctor voting at said
election. and desirous of voting for or
against said amendment, shall deposit
in the ballot box q ticket whereon shall
be printed or written the words: Fer
the Amendment to Section ) Of Article
XI Of the constitution. Funding the
state Indebtednsss." and the words:
against the Amendment to Section )
Of Article xI Of the Constitution. Fund
indicate his approval or dlsapproval by
placing a cross OK opposite one or the
other Of said groups Of words on his
ballot.
The votes cast for the adoption or
rejection Of said amendment shall be
the manner prescribed by the laws Of
the state for the canvass Of votes for
representatives in congress.
Section T.. Immediately upon asesr-
tanning that said amendment to the
Constitution has been adopted by the
people OF the state. the governor. state
auditor. state treasurer, attorney Ien-
:rai end .scrstarx Of state shall meet