The daily sentinel., 1910-10-31

| State of Colorado were duly issued dur
Ing and prior to the year 1897 for the
Seventy-three Thousand and Seventy
| one Dollars and Eighty-four cents
| NSIs.oL.sp, and are still outstanding
and unpaid, as follows:
warrants for the year 1887
variants ntof Tor the year isss lsG,ssss5 as%,ssss5
Warrants for the year 1889. 4ls.227.54
| Warrants for the year 1892. 5.767.3o
| Warrants for the year 1898 6.s32.5S
fSI tor the the year 1881 1881
All H Of which warrants were Saiy i;Vi,re pre-,
sented for payment. and bear Interest
at the rate of six per cent. per anuum,
smnoqintdng ann intdn., approximately; principal
the sum Of s2.114.762.96:
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
departments OF the state government,
including the per diem and mileage of
the members of the general assembly;
and employees: the salaries of the gov
ernors. attorney generals, secretaries
OF state, superintendents of public In
| struction. state auditors. treasurers OF
sppointlvs executive Officers and
ensme dI.tr,sa },Sasss apd ormna ,G' cous, su
and district attorneysi the legislative;
executive and judicial Incidental and
eSrriSEsnt rrsa snt eSpenses exp and expenses in
and the maintenance of the state peni-
tentiary. insane asylum. industrial
| and,
Whereas, no moneys are now in the
revenues OF tho fiscal years aforesaid.
wherewith to pay said warrants. or
any any Of them; and all the said indebt-
Of interest; therefore
Section g.; There shall be submitted
to the qualified electors of the state
tion of members of the General Assem-
bly,, for their approval or rejection. the
following amendment to the Constitu-
when ratifled by a ,nsjority Of those
voting thereon, shall be valid as q part
of the Constitution. to.wi,:
Section Three f3) of Article Eleven
| (XD of the Constitution of the State of
Colorado shall be amended SO a. to
s"section g. The state shall not con-
cept TO provide for casual deficiencies
the use OF the state. suppress insnrrec-
tion. defend the state, or, in time OF
war. assist In defending the United
tracted In any one year to provide for
deficiencies of revenue. shall not exceed
one-fourth Of . mill on each dollar of
valuation of taxable property within
the state. and the aggregate amount of
such debt shall not at any time exceed
three -fourths of a mill on each dollar
OF said valuation, until the valuation
shall equal one hundred millions of DOL
lars, and thereafter such debt shall not
exceed one hundred thousand dollars.
for erection of public buildings shall
not no exc exceed ons-half mill on on each dollar
aS " 9ss as .S. the nsvsT .s .a,
dollars Except ss provided in section
valuation In this section mentioned
p@ prseedins % n. creation q ssid debt. ..''
.uoun, IH,'d'i 81 e asb. ,sss sse''Gn may 70 3:
Ssssa. Ssn!r.es :, debt y iiSs:a % isr ~; =;
Dndpsss Dnd acsrusa lns.1.:s of M All ,Re Out
standing warrants issued by this state
asT,nE pd ss, fer ths 1857 isss .ls
| debt to be evidenced by registered cou-
pom interest bearing funding bonds to
an amoun, mount ,s.,.o, not s1essdlnE Ss.lisooo;eo;
thereon.
dated p:SsmSs, Is., 1910 M ,n:il . ss I,y Pay
rsdo at any tims after Ten years from
% Yy s :s s. 3; s:sa: a,:S su. .s:s s1s
date. and shall bs Of the denomination
Of One Hundred Dollar. (sIeo.oo) each.
on on sad Az sonds shan Be pay.bis ssMi-sn-
per annum at the office Of the state
Of New York, q. s. A, and the principal
Of said bonds shall be payable at the
office Of the state treasurer.
at par and accrued interest. and upon
the contemporansous surrender and
csncelia.ion Of IKE q s%ouns r1.ni Of prs"-
Said bonds to an amount eoualin9
the principal of said warrants now held
the yTettsS he as suSton and q ,ts.
treasurer in the name and fer the bsne-
fit Of and payable only to the said fund.
And ali such bonds to an amount
now held in the school fund shall be
than Bar ana accrued interest; and the
proceeds thereof paid inte the school
FUND. and distributed 70 the several
state for school purposes. In the pro-
portions and In the manner required BY
Section ;. Each elsctor voting at said
| election. and desirous Of vetinG for or
| AGAINST said amendment shall deposit
| in the ballot box . ticket whereon shall
be printed or written the words. Fer
XI Of the Constitution. Funding the
state Indebtednssa" and shs words:
Against the Amendment t. Section >
| ing the state indebtedness" and shall
indicate HIS approval or disapproval by
other Of said groups 81 verds on his
| ballot.
The votes cast for the adoption or
| rejection of said amendment shall be
canvassed. and the result determined, In
| the manner prescribed by the laws OF
| the state for the cAnvAas OF votes for