The Greeley tribune., 1912-10-31
CONSTITUTIONAL AMENDMENT.

Notice is hereby given. that at the
General Election to be held on the
there Will be submitted to the qualified
electors of the State of Colorado. the
question OF amending the Constitution
The authority for suemitt!ng such
sen Nea0Gh OF the ri Gshteenn '9s ssq4
bly,. which IT, in words and figures. fol-
HSha4dSs 3s 5s THE THE sH4TlgPP ss4aHs 5P
GoLoRApo An AMENpM!EMT M TO s,
FHSyfS FIN s. M RHS q STAaH iAf S3SsE5T1 Sc aoE5
EosSrp BSRS IS fSpEsTSBEEss RH9X!REEs FSF 81 Be !
AMouNT Anou pr NOT AI ExcEEpiNG saA.5i TEN En-
kdsE k5iEioSs 81 DSkEAAHESSS DeSkkEEAAESSS E9N Anh F5NR HH
iHPRoVEMEST fGP Nha STN5F OF PUBLic H1aH-
WAYS in THE STATE.
Section l. Whereas. the prosperity
of Colorado as the state develops, are
becoming more and more dependent up
on the condition of the public highways
/ is impracticable and often impossible to
construct and maintain highways
throughout the state 30 that t,,i the - same me
Section .. Now. therefore. Be It Re-
solved BY. the Senate OF 1.-THE. the EiEhaeSmtn M Remran
| General Assembly, the House Oh hePrs-
| sentatives concurring:
| That there shall be submitted to the
| qualified electors OF the state OF Colo
rado. at the next general eIeSr,oh Si, FOR or
| their approval or rejection the ioliow--
| ing amendment to the Constitution OK
the State of Colorado which ,inSe Wnen ,bere-
| on. shall be valid part OF the saio
| Constitution, to-wit; ., ,,,
Section Three t3j of Article EieVen
| (ND of the Constitution of the State OF
| Colorado shall be amended SO as to read
| as follows;
Section 3. The state shall not
contract any debt by loan IN any
FORM except to provide for casua.
deficiencies or revenue. erect pub
lie buildings for the use OF Cine tne
| state suppress insurrection, delenu
the state. or. in time OF war, ASSIST
the amount of the debt gon.raedso da
In any one year to provide Tor de-
ficiencies of revenue. shall NOT ex-
ceed ne-fourth of mill on each
dollar OF valuation of taxable prop
erty within the state, and me as
nreKate amount of such debt shal
not at any time exceed three,
fourths of mill on each dollar OF
said valuation. until the valuation
shall equal one hundred millions OF
dollars. and Thereafter saen ,,eu ueo'
shall not exceed one hundred thou,
sand dollars and the debt incurred
in any one year for erection OF
nnblfc hulldineS bHaIl nv
ppne-haIf mill on each dollar OF said
amount amour OF such debt shall neyer s,,,l
III thousand a.y ,t'"d dollars except IS pro
v,ded in section five of this ar
ticle). and in all cases rsinnsd the va,uad
shall be that of the assessment last
preceding the creation OF saia oepu; ~
provided an, that ,h.s In a'n,a,ohb NAV be @ in in.
cnrred as above. the state may
Contract a debt By loan nsin nc,na, tor ans .ns
accrued Interest OF all the ont
standing warrants issued by this
state during and ,sSa sSs 1hs lsss yea issi
and 1897: said debt to he evidenced
nv registered coupon interest," zen
Ing funding bonds 81, TO az an al ahenn, so rnmch n
thereof MS may be necessary to pay
said warrants and interest thereon;
.'SaId funding bonds shall pc
,s,sa December /. 1910. shall be
payable at the option OF .ne s'n. ,an
Of Colorado at any time aitea h ab
y;,,toiy yenrs j., dne and payable fifty t60)
Senrs after their date. and sha,L pc
OF the denominatio1 OF oh or any
.,,',tt,nIe thereof. The interest on
said bonds shall be payan,s se, nar
annuaiiy onn,,n, a, I'M a; the office OF the
ss"t STATE treasurer, or at some place
i'm" in the city OF New York; y. hond,
M
mr.. MI, he pavabie at the office Oh
the state treasurer. - ,..,.a /
mo such bonds shaii pG 1,,s,est
end ppon the econtemporaneous SUI SUI
rnu renser and cancellation OF nM
amount OF principal ana ih'eieS'
of said warrants
said bonds to an amount equn,'
two The principal Of said warrants
n,, held by the public ScnooI iu,,"
now net r.tststerea by the staSo au-
shn,r s,,nr and state treasurer In the
name and for the benefit f,n,, o1 and and
avnble only to the said fuhu' anu
rsaii moi be transferable.
And all such bonds TO- an an
+. amount causlins the I'M, interest ,Sn Sn
us warrants now held IN .mne m
sh,u S,nd shall be sold by thc
stat" ssnSo treasurer at not less ssa tsse tse
par aud nssrqsS nsn1sS, inaefSs', paIS into neo The
rroesffossu osund. and distributed to The
several SuS countie. and schooi schooi pnr- n,T
Ll,-- -. IONS an0 lf tnS