St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-10-19

TEF er~eN0y A. NOvom0ee. NV
and o. the omcial ballots to b. 49,
q said election shall bs pleced IN.
verbs FOR the proposed Amendment
tenArticle 1877 Of the Constitutior ~
u state Of Louisiana" and the
wards AGAINST the proposed amend.
meat to Article 1s7 Of the Consti.
tAeion OF the State Of Louisiana. =
"a each elector shall indicate. q
peovdod In the general election laws
81 the state, which Of the PROPOSE.
ttens. for" or against he votes.
~ L. E. THOMAS.
SPEAKER Of the House Of Repre-
aeentatives.
e. THOMAS G. BARRET.
Lieutenant Governor and President
of the Senate.
Approved July IL, 1912.
- L. =. HALL,
Governor Of the State Of Louisiana.
A true copy.
# ALVIN E. HEBERT.
Secretary of State.
ACT NO. 2OS.
House Bill No. 433.
BY Mr.. Fontenot
A JOINT RESOLUTION.
Proposing IN amendment to the Con-
Setitution Of the State of Louisi-
ana. amending Article IS of the
ana, amanding Article 46 of the
Constitution Of 1898, as amended
by Act No. 3O3 ofthe Acts Of 1910.
ratified by the people 1t the No
.vember election OF 1910, so as to
authorize the R0ard of Iinuida-
ton OF the State Debt to issue
new bonds TO retire or refund the
state bonded Indebtedness due
January i. 1914; to provide for
tax for the payment OF the In
terest ON said bonds and sinking
fvnd to retire the same; to pro-
vide for the payment out OF the
said sinking FUND OF an indebted
ness due by the state to the United
Atatse. ana of certain other claims
against the state.
Section l. Be It resolved by the
General Assembly OF the State OF
Louisiana, two-thirds OF all the men,
bers elected to each House concurr-
Ing, That IN amendment TO Article
~ OF the Constitution OF the state
OF Louisiana OF 1898, as amended ny
Act No. sos OF the Acts OF the Gen.
eral Assembly OF the State OF LOU
tsiana ct It's session held In the year
1910. ratified BY the people at the
November election OF lSlv, De SUD.
mitted to the quahned eiectors o.
the state TOT tnelr approval OF re-
lection az the congressional eiectlon
to be held on the nrst TUESDAY next
following the first MONDAY IN NO,
vember OF 1917: said proposed
amendment to read as follows:
Article 46. The General Assem-
bly, shall nave no power 20 contrac.
or to authorize the contracting OF
any debt or liability, on bensn OF
the State. or to issue Donds or other
evidences OF Indebtedness Thereon.
except for the purpose OF repelllng
invasion or for the suppression OF
Provided, that for the
purpose Of retiring. liquidating or re.
funding the present State Bonded
Indebtedness Of Eleven Million, One
Hundred and Eight Thousand. Three
Hundred Dollars, maturing January
1, 1914, and bearing four per centum
per annum interest, the Board o.
Of the State Debt OF Lou
isiana is given authority to issue
Eleven Thousand One Hundred and
Eight new coupon bonds OF the state
Of Louisiana OF $1,000 each to De
numbered No. L to No. 11,10S,'
bearing , rate OF interest not exceed
Ing 1 per centum per annum. pay
able semi-annually, and to be due
md paid in SO years from January
l. 1914. The form OF said bonds
shall be prescribed by the Board
Of Liquidation OF the state Deot
and they shall be signed by the
the Auditor and the
Treasurer OF the State. Said bonds
shall be sold to the highest bidder
1t not less than par after three
of advertisement by the
Board Of Liquidation OF the state
Debt In New Orleans, Chicago and
New York; and In case said Donds
cannot be sold they may be exchang
ed at par by the Board OF Liquida-
ton OF the State Debt Tor the oonos
due January l, 1919. Tne excess o.
Three Hundred Doiiars OF tne ponas
due January J. isI4, over tue s. u1n ,'s
authorized ~ TINS aIticie, snan We
paid IN casn OUT OF tne curr ,s ~
terest funds OF the state. me cos.
OF engraving ana advertislns saN
bonds shall Also De psia out u Tue
said FUND. .,..,.
I'm all otner respects NO. nerelI
specified, the Board q LiQulastIon .,
the state Dept y neleoy s.' Gu. ~, M
power ana autnorlty 70 cAIly ou' t"e
provisions OF TINS amenomen'' 30.
Beginning with January l, lSI4
there shall be ana there Is lereOy