St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-09-14

/ 0seto O0OI snail nave power 10 Set
tie under the conditions and limita.
lions hereinafter provided. the fol-
lowing claims Of indebtedness made
by various persons against the State
to-wit:
/. The outstanding bonds known
~ Baby Bonds excluding al Baby
Bonds fraudently issued by any Of
fetal Of the State
| 2. Auditors Warrents issued
for school certificates of Indebtedness
under Act 1875 of 1880.
3. Certificates issued under Act
80 of 1880 for costs and fees due to
the officers of the State.
4. Warrants drawn prior to 1880
and fundable but not funded into
Baby Bonds.
S. Warrants drawn after Janu-
AIRY of 1880 against 1873 and pre-
vious years.
Provided. however. that the own
ers or the duly authorized trustees
of the owners Of said claims may
prior to January l, 1915, but not
thereafter, proceed against the Board
of Liquidation of the State Debt by
rule, solely and exclusively in the
district court of the parish of East
Baton Rouge, to have the said claims
examined and their validity and the
Indebtedness due thereon determin-
ed, which court is hereby given jurts-
diction for that purpose.
This Jurisdiction shall extend not
only to the determination of the
mere legal liability of the State on
any Of said claims, but also to the
determination of any equitable liza
bility of the State thereon and the
extent of such equitable liability.
Appeal shall lie in all cases. irrespec-
tive of the amounts involved, ON the
original record, to the Supreme Court
of the State of Louisiana. The de-
Ifinitive DEGREES of said courts shall
not have the effect of judgments
against the State or the Board of
Liquidation Of the State Debt. The
Board of Liquidation of the State
Debt shall have the exclusive power
to settle the claims, thus approved py
the courts Of the State. out OF the
sinking fund above provided for az
funds are available, but they shalI
not be paid otherwise or out OF any
other fund.
Nothing in this amendment snall
be construed as a recognition by the
State of any liability, whether leeaI
or equitable, to the owners or the
holders of any of the said above
DESIGNATED bonds, warrants or claims
and the burden of proof shall rest
Throughout on each of such claim
ants to show such liability.
Out of the first surplus accrufng
in the sinking fund. there shall be
paid in full the amount OF principal
and interest due on the bonds OF the
State, the face values of which az
gregate Thirty Seven Thousand Dol
lars, and which are held by the
United States as trustee for certain
Indian funds.
This article, as amended, shall be
deemed to be self-acting and directly
to confer the power and authority
herein grained without an enabling
act of the General Assembly"
Section 2. Be it further resolved.
by the General Assembly of the State
of Louisiana, two-thirds OF all the
members elected to each house con-
curing, That the Official ballot to be
used at said election shall have
printed have thereon the words:
For the proposed amendment to
Article 46 of the Constitution of the
State of Louisiana, relative to the
refunding and settlement Of the in
debtedness OF the State"
And the words:
Against the proposed amendment
to Article IS of the Constitution of
the State of Louisiana, relative to the
refunding and settlement of the in
|debtedness of the State"
And each elector shall indicate on
said ballot, as provided in the Gen.
eral Election law of the State, wheth-
er he votes for or against the pro-
posed amendment.
L. E. THOMAS,
Speaker of the House of Repre-
sentatives
THOMAS C. BARRETT,
Lieutenant Governor and President
! of the Senate.
Approved July IL, 1912.
L. E. HALL,
Governor of the State of Louisiana.
A true copy.
ALVIN e. HEBERT,
Secretary of State.
ACT No lNO