The Monte Vista journal., 1912-11-02

electors OF the State OF Colorado. tn,
question of amending the Constitutior
If said State.
The authority, for submitting suci
of the regular Session of the Eight
zenith General Assembly, which is n
words and figures, following. viz:
AN ACT ENl TILED AN ACT TO SUR
Mdps M5p T9 O., THE lRIIr QUAhIFIED IL ELEc
RADIO AN AMENDMENT TO SEC
ELEVEN (%n OF THE coNsTITU
TloN OF THE STATE OF COLO
- DEBTEDNESS BY LOAN.
Be IL Enacted bV the General Assembly o
the state Of Colorado:
Section l. There shall be submitte,
to the qualified electors Of the Stat,
Of Colorado at the next general elec
ton for members of the General AS
sembly. for their approval or rejection
the following .amendment to the Con
stitution of the State of Colorado
which when ratified by a majority o
those voting thereon shall be valid a.
a part, of the Constitution.
Section 2, Section Six 90 of Articl
Eleven .(XI of the Constitution of tn
State of Colorado shall be amended $,
as to read as follows:
Section 6. No county shall con-
tract any debt by loan in any form
except for the purpose of erecting
necessary public buildings. making
or repairing public publ road, roads J. and and
contracted in any one year for the
purpose Of erecting public build
ings shall not exceed the rates
upon the taxable property in such
county following, to-wit: Coun-
ties in which the assessed valua-
tion of taxable property shall ex-
ceed five millions of dollars. one
dollar and fifty cents on each
thousand dollars thereof; counties
in which such valuation shall be
less than five millions of dollars,
three dollars on each Thousand dol
lars thereof, and the aggregate
amount of Indebtedness of any
county for such building purposes.
exclusive of debts contracted be-
fore the adoption of this Constitu-
tion. shall not at any time exceed
twice the amount above herein
limited, unless when in manner
provided by law the question of in
curing such debt shall, at a gen
eral election or special election
called for that purpose be submit
ted to such of the qualified cleo
tors of such county as in the year
last preceding such election shall
have paid tax upon property as
sessed to them in such county, and
a majority. of those voting thereon
shall vote in favor of mourning the
debt: but the bonds, If any be is
sued therefor, shall not run less
than ten years, and the aggregate
amount of debt SO contracted shall
not at any time exceed twice the
rate upon the valuation last herein
mentioned. The total Indebtedness
contracted by any county for the
purpose of making or repairing
public roads and bridges shall not
at any time exceed five per cent
of the assessed valuation of the
taxable property within such coun-
ty, and no debt whatsoever shall
be contracted for such purpose un-
hA FttIp inn Of OF if1t h.
same has been submitted to the
qualified taxpaying elect ors of the
county as above provided. The
whole or, any, part of the aggre-
any county for highway purposes
may be authorized at a single elec-
tion. but the Indebtedness Incurred.
or the securities issued in any one
year, or the money expended upon
highways from such sources in any
one year shall not exceed one per
cent. of the assessed valuation:
PROVIDED. That any county in
ness outstanding. either in the
form of warrants issued for pur-
poses provided by law prior to
December 81. a. d. 1885, or in the
to such date for such warrants
previously outstanding, or in the
form of public building, road or
bridge bonds outstanding at such
by the issuance of bonds for the
purpose of liquidating such in
debtednesS, provided the question
OF Issuing said bonds shall. at
general or special election called
for that purpose, be submitted to
the vote of suoh of the duly quail
flied electors of such county as in
the year last preceding such cleo
tion shall have paid tax upon
property assessed in such county,
and the majority OF those voting
thereon shall vote In favor of issu-
ing the bonds. Such election shall
be held In the manner prescribed
by the laws of this State for the
issuance of road, brldve and pub
lie building bonds. and the bonds
authorized at such election shall be
issued and provision made for
their redemption in the same man
ner as provided I'm said law"
Section 3. Each elector voting O
such election and desirous Of voting 10
or against said amendment shall dc
posit In tho ballot box his ticket where
on shall be pointed the words: &c
the amendment enlarging the llmltn
tion upon county debts for highwa
amendment enlarging the llmltatio
upon county debts for highway an
other purposes" and shall Indicate hi
choice by placing a cross opposite on
or the other of said groups of word
Section 4. The votes cast for tn
adoption or rejection OF said amend
ment shatl bo canvassed and the resu
be determined by tho laws OF the stat
for the canvass or votes for Represen
tatives in Congress.
FILED in the office OF the Secretnr
of State this Fifth day OF June, a. |
1911. - -.
In Testimony whereof, | have hero
unto set my hand and affixed the Gren
Sonl of the state of Colorado, O
the city OF Denver. this First day {
October. A. ID. 1912. ,
JAMES B. PEARCE,
fsEAL1 Secretary OF State.
CONSTITUTIONAL AMENDMENT.
uf 4