The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1912-09-20

ia ID So not less tNah lou'
i pfCduc.nnso NUN interest on the
d psr. sahD' or deposited in
ID Furnishing adequate Sc s.
ssuss cate ta to be approved oy
4 the Std ot a rate Of interest
4 Boafd, a. ner centum per an,
hsn iOO shall be levied until
BIZ TAX nds snail have been re- re-
Ia bona, e o. assessments Of the
.: i5a, inS Dollars, SAID tax IS Sn n1aI
a !. one mill and shall there" t,iiII |
d 70 o u Itwo-tenths Of one mIu
eddceG vndrad Million Dollars
10 seeSnned to siN-tenths OF
be reid saiG tax shall constitute
Che SAN mills Of taxation per
the slA ,d nv the Constitution.
be leT nlrgsse n system Of taxa,
ne dHbanged befor" the SaiG
b be c ,n heen paid. there shall
srnu%HSs sum Of not less than
sro snd Fifty Thousand Dol
iIed % ane rIace Of said tax OF
t1 t1Tso,tt ten mills and lis re-
~ Liquidation Of the
Bosra h, II have power to settle
81 conditions and I' 9l,Iou. inS
'sf .iRajStedness made by TaTI'
b lna sa,nst the state. to-wit:
pms asat,nnding bonds known as
pc e. ussxciuding all BABY Bonds 5
l mn issued by any official OF
e ,,,o-,s warrants issued for
.as. g1ts of indebtedness "h-
~ lss,. 81 tas' issued under Act 80
=. costs and fees due 10 the
t The s'I drawn prior to 1880
sI' ' but not funded into BABY
,,ts drawn after January
NaI lnst IS78 and previous years.
e sgs''i Sowever, that the owners
el, nnUUtborized trustees Of the
y said claims may prior :. 10
e J.. Ia15, but not thereafter
~ the Board of LlQuida-
~ s State Debt by rule, solely
ri tle oHt. az diCtrict court OF
W n Fast Baton Rouge, tc
sn .sId claims examined anC
s,,i az and the Indebtedness due
nay ,,s.i,armined. which court is
wen ys jurisdiction for that pur'
..,i.dict,on shall extend no
n. determination Of the mer'
,sI i of the State on any o.
sl~s but also to the determine
i NV ecuitable liability of tn,
., ~ and the extent of sucl
n liability. Appeal shall lie il
!. irrespective of the amount
An the original record, to tn
foprt of the State Of Louisi
- definitive DEGREES OF sal
hi, not have the effect OF juds
, .Tslnst the State or the Boar
'SstiOn of the State Debt. Tn
n Iinuidation of the State Deb
s.ys the exclusive power to set
elaIms, thus approved by tn
j Tho state out of the sinkin
sovs provided for as funds ar
/, but they shall not be pal
u, or out Of any other fund. -.
M In this amendment shall b
Sssa recognition by the Stat
liability, whether legal or equ
\ tbp owners or the holders {
M said above designated bond
ts or claims. and the burden
sAsll rest throughout on each
sImants to show such liability.
n the first surplus accruing
ling fund, there shall be paid
amount of principal and int
on the bonds of the State, Il
Ines Of which aggregate Thirt,
thousand Dollars. and whit
Ia by the United States as tru
certain Indian funds.
4, article, as amended, shall
to be self-acting and direct
kief the power and authori
granted without an enabling a
General Assembly"
ca ?. Be 1t further resolve
General Assembly Of the Sta
ulslsna. two thirds of all t
r elected to each house co
1, That the official ballot to
Il said election shall have print
he words:
be proposed amendment to A
Il et the Constitution of the Sta
llsIana, relative to the refundi
ttlemsnt Of the indebtedness
lle"
tie words:
hlnst the proposed amendment
70 Of the Constitution of
ut Louisiana. relative to the
{ and settlement Of the inde'
Of the State"
eaeh elector shall indicate
ELIOT as provided in the Gene
q Law Of the State. whether
iaf or against the proposed amel
L. e. THOMAS
4 h Of the House Of Representative
THOMAS c. BARRETT
i, dlnt Governor and President
Senate.
E.a; July 18th, 1912.
L. E. HALL
'Ftfnor Of the State Of louisa
copy:
Il m E HEBERT.