The Elbert County tribune., 1912-10-11
ISEALl
CON NsTIrUrIoNAL 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
Ths authority for sssmittIng such
sion Of the Eighteenth General Assem-
bly,. which In. In words and figures, fol-
sgSaaIT5ss ASha4dss 81 THE THE sgAh5Tr5P ssG14h 5P
CoLoRADo AN AMENpMEMT TO
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B5R9 Eos5np T2 iApEaTSBREss RE9X5RRs ESF 81 BE. {
AHouNT Ao f NOT az ExcnnpINd shnaG TEN ZEN
RsbssEIoSs RsdbssEkI Sss D22kktkAAETSf D22kktkAAETSfEE9 EE9R The EaHNb RHhb
ISsRoVhnrS2 IEas THE S2NsTEHGTI4Gs ST PTaG HfdH AMP
Section. !. Whereas, the prosperity
and comfort of the citizens OF the State
of Colorado. as the state Develops are
on the condition of the public highways
Of the State, and under existing law i
is impracticabls and often Impossible to to
throughout the State SO that the same
shall be permanent and capable of the
Section e. Now, therefore. Be 1t Re-
solved by the Senate of the Eighteenth
General Assembly, the House OF feprs-
sentatives concurring:
That there shall be submitted to the
qualified electors of the State Of Colo
rado. at the next general election OF
their approval or rejection. the follow
ing amendment to the Constitution OF
the State of Colorado. which. when rati-
on; ;I1,ii,ss shall be valid as part of the said
Section Three (3) of Article Eleven
(xD of the Constitution of the State of
Colorado shall be amended SO as to read
as follows:
- Section 3; ,; The st state ts,s shall y mot mot
form, except to provide for casual
deficiencies or revenue. erect pub
state. sta suppress insurrection. defend
In ins dsfendIns fei az the h UNI United states: and
in any one year to provide for de-
ficiencies of revenue. shall not ex-
deiiar 1H of ysiuation of taxable prop
erty within the state. and the "a ag;
gregate amount of such debt shall
fourths Of mil on each dollar, Of
said valuation. until the yaiiiuatio1
shfi equal nS Sns tbsrsaftse unda ons sanb s.St
shall not exceed one hundred thou.
sand dollars. and the debt incurred
public buildings shall not exceed
one-half mill on each dollar of said
mSsss & .nss ans ass sss .s. sssss
at any time exceed the sum of fifty
thousand dollars Except as pro-
tioie). and In all cases the vaiua-
ton in this section mentioned
shall be that Of the assessment last last
amount Of debt that may be In
eontfact eontfa Ss' ases by 'hn foan e for h ahs
purpose of paying the principal and
aecreed interest of an the eut. 'u;.
iis5e iss sss faHns ssss Sd ,sss ss rs 1888 sf iss
by registered coupon interest bear
ing funding bonds to an amount not
exceeding sa.lls.ooo: or SO much
said warrants and int crest thereon.
said funding bonds shall be
paysbie assd ess4ssf az the option Of tse stats
OF Colorado at any time after ten
years from their date. shall be abb
years after their date. and shall be
or the denomination OF one Hun
multiple thereof. The interest on
said bonds shall be payable semi
annually at the rate Of three per
in the City Of New York, U. { A..
shall ha be be paysbls iileA at the offics Of
the state treasurer.
mo such bonds shall be Issued
except at par and accrued interest,
and upon the contsmporaneous sur
render and cancellation of like
amount of principal and interest
of said warrants.
said bonds to an amount equal
Ing the principal Of said warrants
sSS bed be- sy tss by ss s snd
dltor and state treasurer in the
name and for the benefit of and
payable only to the said fund; and
shall not be transferable.
"And all such bonds to an
amount equalinx the interest on
said warrants now held in the
school fund shall be sold by the
state trsanurer at not less than
par and accrued interest. and the
proceeds thereof paid into tho
school fund, and distributed to the
several counties and school dis
tricts of tho state for school pur-
nnses In the proportlons and In the