The new era., 1910-11-03

Warrants for the year 1887
warrants n pts0f for the year isss. sSY,sss.s5
warrants for the year 1883. 5,ss2,5s
for for the the year 1881
4ii AHtai Of which warrants were snly pre-
sented for payment. and bear interest
at the rate of six per cent. per annum,
amounting approximately. principal
ahe she snm Of ;sh1s9ssss Sh sum- i'iO "
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
p.sn And. Ds whereas, he ea it further appears
that all of said warrants were Issued in
nas the iesislative. Executive and Judicial
departments of the state government.
including the per diem and mileage OF
the per diem of the legislative clerks
and employees; the salaries oflthe gov
ernors, attorney generals. secretaries
structton. state auditors. treasurers Of
sppsintlSs executive offiesss and N,
preme. district and criminal courts.
and district attorneys; the legislative;
executive and judicial incidental and
contingent expenses; and expenses In
CURED for the erection of buildings.
and the maintenance of the state peni.
tertiary, insane asylum, industrial
school. reformatory, agricultural col
lege and soldiers and sailors home;
and,
hands Of the state treasurer, of the
revenues of the fiscal years aforesaid,
wherewith to pay said warrants. or
edSess ea 81 should % be- n funded nd I at % lover % rate
Section 2. There shall be submitted
of Colorado. at the next general cleo
tion of members of the General Assem-
bly,. for their approval or rejection. the
tion of the State Of Colorado. which.
when ratified by a majority of those
voting thereon, shall be valid as part
Section Three t3) of Article Eleven
(XI) of the Constitution of the State of
Colorado. shall be amended so as to
tract amy debt BY loan in any form, es- tx
Of revenue, erect public buildings for
the use of the state, suppress insurrec-.
tion. defend the state, or, in time OF
States: Stat and the amount OF the debt con-
Deficiencies Of revenue. shall not exceed
valuation of taxable property within
the state. and the aggregate amount Of
such debt shall not at any time exceed
of said valuation. until the valuation
shall equal one hundred millions of dol
lars. and thereafter such debt shall not
and the debt incurred in any one year
for erection of public buildings shall
not exceed mill on on each dollar
amount Of such debt shall never at any
time exceed the sum Of fifty thousand
ye ss.5s of ts IN al
a1Hi,en snail be that aa ' Of the assessment last
prsf h' fssa'Gn az oso 70 the
incurred. as above. the state may
pSrpose eUr,rae' o Of 'Ia. paying the the" principal
and accrued interest of all the out
standing warrants issued by this stats stat
1883. 1892, 1898. 1894. and. 1897; said
debt to be evidenced by registered cou-
pom interest bearing funding bonds to
or so much thereof as may be necessary
to. pay said warrants and Interest
thereon. H., No
dated December 1st. 1910 shall be pay
able at the option of the State of Colo
rado at any time afaer ten years dne ir1,d nnd
payable fifty (5O years after their
date, and shall be Of the denominati9,n
of One Hundred Dollar, ts19o;oGo tenest eaeh
on said bonds shall be payable seml.an-
nually at the rate Of three per cent
per annum at the of,,Ge ac OF n 'ne 1se s1it Gtv
OF New York U. s. 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 upoaa pua
the contemporaneous surrenoer III M,,u
cinni aud Interest of said warrants.
"said bonds to an amount equaln1GG
the principal Of said snG n9@ bs neso
istered by the state auditor and state
treasurer in the name and for the bene-
ft Of and payable be sa''
"And all such bonds to an amount
.ouniine the interest on said warrants
sold by the state treasurer at not less
than par and accrued interest and thS
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 8. Each elector voting at said
election, and desircus OF voting Tor or
IN the ballot box a ticket whereon shall
be printed or written the words: For
the Amendment to Section OF Article
STATE 81 " Indehtedness, and the words;
against the Amendment to Section !
of Article NJ Of the CONSTITUTION, tunu,
indicate his approval or disapprovai by
placing u cross OK opposite one or the
other OF said groups of words on his
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 4. Immediately upon ascer-
taining th said amendment to the
Constitution has been adopted by the
people of the state, the governor, state