The Rice belt journal., 1912-10-04
..H One Hundred

t1I ,cr1Iad interest,". "a
I'D aoSTUrchased as afore-
1ss InSiaSs Of Liquidation ,2i, OF Il the n e
sis D. s9usU, 9ag not less than four
u radnclnS I'm m interest on the
|, s sss,ItsnTTshlng adequate Sc, e ;,
s sb m futn'0tob 70 be approved by
hs 4, stals' ~ rate of interest
!, gsfdt,, t,nr ~ per centum per an, an,
ils ea four rbaIi all be levied until
q pH sSall have been re-
lls NndS S'.".s .o"s.ss4ssments Of the
tasr tne s,,n of Six Hundred q
PHI y the Su SSniiars, said tax shall
b. GIlon nil nil and shall there.
,ps,sJ S two-tenth1;s; 1;;,inr oI one Wo,iars ia,r,
q es HnmUnnants until the said
'.aa ssess,nsd to siX-tenths Of
\, y =. 'st said tax shall C conSntHte :iaI naTe
,ss 3. iM ,iT Sp mills Of taxation ta!9tnt2en per
Hek De sH nv the CONSTITUTIONS
b. " Isvlsa system Of taxa,
sfs b cnanss hssn paid. there shall
'ab haYTs, has,r a tax sufficient to
nraahys s,,n of not less than
! y and Fifty ThoaSs2''t 7 Sds'i az o|' Of
q q !. ,.la.o.tts8ths tss mills and It's re-
g :, ot Liquidation Of ,,,}s the
as sia iIal,II have power to set,'e
i nsl5i nsn5,tions ion and limitations
h eolls",,;ded the following
u l,dsbteiness maze maae t9-r,it. oy iS''~
ID q aga.oond,ng bonds known as
! 3 ,l'E.n excluding all ba@T Ss3Io,6, h'''oS oS
i, E.J issued by any o1l'''4' u
q .,.,. warrants issued for
,afiSstes Of Indebtedness u'-
! 4si ,Si.tss ts9'i issued under Act %
. m 'I,Csts' ,osts and fees due to the
tssts he s'SiT; drawn prior to 1850
sI'brt N. but not funded into Baby
,rts drawn after January
sIsst ISIS and previous years.
n iailS sgerer that the owners
= .aStborized trustees Of the
10 y y ,,iS s5i claims may prior to
b y ~T fa,s but not thereafter,
d, ~ j,.t the Board Of Liquida-
1. = ts s'ste Debt by rule, solely
D, ;,slr in the district court OF
4 ~ n East Baton Rouge, 10
Id .'H u claims examined and
ID s,;,v W. and the Indebtedness due
a 3S 3..S;s,mjned, which court is
1 4.s jurisdiction for that pur-
!, .t.,Irtion shall extend not
X Examination Of the mere
l NM Of the State on any Of
iHi ', Int also to the determina-
b J, suitable liability Of the
d I'm ~ and the extent OF such
d ABILITY. Appeal shall lie IN
/ ,,rsspectlve Of the amounts
/ n he original record, to the
la fmrt of the State of Louisi-
-, asiinEtivs DEGREES of said
~ IN "A, have the effect of fudg-
d ,nirst the State or the Board
! 'i.Enn Of the State Debt. The
i Ihuidation of the State Debt
b y. No exclusive power TO set
b Aims. thus approved by the
i tbe State, out Of the sinking
.rs provided for as funds are
4 but they shall not be paid
i y or out Of any other fund.
\, h this amendment shall be
5Ma recognition by the State
hblity whether legal or eQui-
ne owners or the holders of
m said above designated bonds.
o. claims, and the burden of
1 R,l rest throughout on each Of
slrsnts 10 show such liability.
he first surplus acCruing In
F,z fund. there shall be paid in
lnOlnt of principal and inter
% the bonds of the State. the
hes Of which aggregate Thirty
thousand nallarS, and which
BY the United States as trus-
nrtain Indian funds.
article as amended, shall be
10 be self-acting and directly
N the power and authority
fshte4 without an enabling act
trsFal Assembly"
a.. Be it further resolved.
feasral Assembly of the State
slina two. thirds of all the
b elected to each house con-
hat the official ballot to be
sid election shall have printed
he words
be proposed amendment to Ar
" the Constitution of the State
ssfa relative to the refunding
aenent Of the indebtedness Of
s"
fs Words
sH The proposed amendment to
! Of the Constitution of the
q tnis'Sna. relative to the re-
tni settlement Of the indebt-
& 4 the Stats."
stA elector shall Indicate on
A as provided In the General
Law Of the State. whether he
POI against the proposed amend
n L. e. THOMAS.
" he House Of Representatives.
THOMAS C. BARRETT
'! Governor and President of
se2te
q July l1th. 1912.
L. r. HALL,
siAcF Of the State of Louisiana
eFy:
E HEBERT,
Secretary Of State.