The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1912-09-27
:. exceed One Hundred ID

a y .scr,Ied interest, II
i ~ tpD utdT shall be invest
.bDg ~ liquidation of the
asrd .S o. ~ interest bearing
% sGnn' not less than four
NJ 0 Or deposited in
b furl''ttt 70 be approved by
s'' Il, a A. rate OF interest
std la al n e centum Per an 4
bu EEs p be levied untIl
%, :, 's mall have oeen re-
bpadsSb IS sass assessments Of the
:t inc s,rn Of Six Hundred d
ths nTnIIars. said tax shah
nl On. D @iIl and shall there re,
y %; ,r,oo . Of one mill
csd IVA Million Dollars
!. h.a. nne until the saia
SSAi - six-tenths OF
fe eaiG tax shall constitute
10 >! sa'u nIIIs Of taxation per
.s't ix INV by the Constitution.
lVis .ss n system Of taxa,
d lhsnged before the saw
y c caS hssn paid, there shall
n!fi VI a tax sufficient to
hhaliss , q OF not less than
gross SUIT Fiftv Thousand Dol
anu ats Mace of said tax Of
,aDtbs mills and its re-
:, riouItation Of the
q d.. 81 have n,S power to settle
c 00.aSvjded. the, following
!p.lstedness made by yari-
Ifa saInst the state, t}-wlt:
.sss.sstanding bonds known as
Sa.ssGiding all Baby Bonds
iss sSb BY any official Of
e.o,,, warrants issued for
mates of indebtedness I'M
d .sS' issued under Act o.
Il Ssts and fees due to the
lne s drawn prior TO 1880
!. but but not funded into Baby
,,,,,s drawn after January
In .st' Ig7S and previous years,
ln ssTsver, that the owners
,nSthorjzed trustees Of the
.,1 claims may prior to
|, '' ,a,S, but not thereafter,
.i,,, the Board Of Liquida-
Il 'lS Ststs Debt by rule, solely
KIN in the district court OF
Il i East Baton Rouge, to
Al claims examined and
h, ~ and the Indebtedness due
Examined. which court is
!. q, jurisdiction for that pur-
.,,,lrtion shall extend not
determination of the mere
I'M Of the State on any. Of
Inf also to the determina-
sauitable liability of the
IN and the extent of such
sSIlity. Appeal shall lie in
respective of the amounts
\ t6e original record, to the
|Sgrt Of the State Of Louisi-
!. s,iinitive DEGREES of said
h nat have the effect of judy
irst the State or the Board
stior of the State Debt. The
buldatiOn of the State Debt
4 tS4 exclusive power to set
Inns, thus approved by the
TtIe State, out of the sinking
Il provided for as funds are
2ht they shall not be paid
In out Of any other fund.
IN this amendment shall be
ia recognition by the State
klity, whether legal or eQui-
Ia owners or the holders of
4 aid above designated bonds,
4, claims, and the burden of
4 rest throughout on each Of
ssnts to show such liability.
be first surplus accruing in
= fund, there shall be paid in
hSunt Of principal and inter-
] The bonds Of the State. the
b Of which aggregate Thirty
kusani Dollars. and which
y the United States as trus-
ftsin Indian funds.
bticle, as amended, shall be
\ Be self-acting and directly
The power and authority
lrta without an enabling act
.sfal Assembly"
n Be Il further resolved.
lnsral Assembly Of the State
lfa two-thirds Of all the
Elected to each house con-
hat the official ballot to be
ID election shall have printed
/ words:
! proposed amendment to Ar
tie Constitution Of the State
pa relative to the refunding
Insnt Of the indebtedness Of
words.
| The proposed amendment to
u the Constitution of the
louisiana, relative to the re-
d .ettlement Of the indebt-
|As State"
D slector shall indicate on
a. provided in the General
AS Of the State, whether he
J against the proposed amend
L. E. THOMAS,
De House Of Representatives
THOMAS C. BARRETT.
sOVsrnor and President Of
'asse
July 18th, 1912.
l. E. HALL,
" 81 the State of Louisiana.
D HEBERT.
attary Of State.
AcT no. aao.
no, lSs, BY Mr.. Amacker.
INT RESOLUTION
Y amendment to the Consti-
1, We State OF Louisiana, pro-
! me exemption from taxa
period Of ten t1O) years from
y us completion. Of all rail-
At'S OF railroads, construct
'asntly to June /, 1912.
i Be Il enacted by the Gem
ny, ny OF the State Of Louist.
laua OF all the members
each House concurrfng
. y me following amendment
' ''.tn Of the State of Lou
to the electors of
! /, ae next election for Rep
!, y congress. to be hohen
y tuesday after the first
november. 1912, to-wit:
y y exempt from taxation
IN Ten years from the date
'' ss.a any railroad or part
!. aat shall have been con-
~, completed subsequently
W, and prior TO January /,
n ii1enption shall include and
\ rights OF way. roadbed,
! sls slia other superstructures
isa y OF OF way, roadbed or