Gunnison news-champion., 1912-10-25
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$500 = uEnEfF art ~ Eaat =
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-. rliaaasffef o. g.iallllst ~feaiprs =
- ssase a r-Idrsiio. tla question =
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- 80 Exrrri.ar ~ AcT TO sITHxfz
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snTscl.E EiErES al 90 rHk cos
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ssaA1o t'oNl Eltisi,a Hsit NJ -
gERET EsNEsS ~ LOAN
,. r Ensrisd D. To. eanorsi S---nieis q
seton 4 Ehsrs shall b. submitted %
~ enaisa-d sleuiors % re state q epio-
,~dr ~ ih~ naxt snuaceI alsctlon ior naeni-
I~-s sf sse essnnral Assembly. for their 40
srarsI or ra1sutlon the tpilorin@ amend
ss1nt 20 the Constitution % me stats ID
Colorado. ~hlcn. Ehsn ra,ined nl major
D. - tla-~ sutinE snerenn. shan nr rHHa
D. . part of fhe Constitution.
sec. Section Six 90 qf Article Eleven
sxfl of the Esnslitufi1n ~ the stats Of
colorado shal b. anenaen - s< % s7se
section q ~ county snail cuntrac,
ans asbt - han m arF fprn sN1-pt
for she pafuasa Of ereutine u-ee@aairf
p1ibIio hulidinEa. masins ef rrpsiHins
psibiio roadr and bridges. and such IN
daht~arln=s contracted in suT one year
fur The furpuse % srentius public
huiIdin9s shall NOT esreed the rAin-
t.pon the taxabla propertg IN surh
county folioNins town touutles in
uhlnn she ASSESSED raluaflisr vf tak-
able property shall exceed nve millions
Of dolisrsl one aniiar ana nfty cents on
each thousand dollars tner~or. r"nnti"'
An -htah suah vaiuation shall b. ie-r
than ave millions - dollars, three dot
lars esi5h Thousand dollars thereof
and the afsresate amount - indcot-
edne-s Of ans county Tor snoh hu'idins
purpose, exclusive of debts contracted
b~for. the adoption of this conHtitu-
tion, shall not a. any time exceed
twice the amount shove hersin limited.
unless when In manner provided ~ law.
,h4 question u mourning -uch debt
shalL ~ a general election or special
election called for that PURPOSE be sub
mitted 20 asoh Of the aualihed electors
Of such county a. In the year last pre-
cedins such election shall have paid
upon property assessed 90 them IN such
county and a majority q those votins
thereon shall vote ih favor OF ine"rrins
the debt. hut the bonds. n any be
issued therefor. shall not run less than
ton years. and the aggregate amount
Of each debt contracted shall not al
time exceed twice tine rave htph
the valuation last herein mentioned.
The total indebtedness contracted by
any county for the purpose ot making
or repairing public roads and bridges
shall not At any time exceed ave per
cent Of the assessed valuation Of the
taxable property within such county,
and debt whatsoever shall de con
sracted for such purpose unless the
euestton of contracting the same has
been submitted 10 the Gusiihed tar
paving electors of the county above
provided The whole any part Of
the aggregate Indebtedness permitted to
any county for highway purposes may
be authorized at single election. but
the Indebtedness Incurred. or the secur-
titles issued In any one year, or the
money expended upon highways from
such sources In any one year shall not
szusS9 per cent Of the asscsscd
vasuation; PROVIDED. That any county
In tins State which has an Indebted
ness outstanding. either IN the form
Of warrants issued for purposes pro-
vided by Iaw prior to December 81. A
u 1855. tn the form Of funding
bonds issusd prior 10 such date for
such wsrrsnts previously outstanding.
or IN the form Of public building. road
or bridge bonds outstanding at. such
date may contract debt by loan by
the issuance OF bonds Tor the purpose
of nquiaatins such Indebtedness. pro-
vided the question of issuing said bonds
shall. q general or special election
called for that purpose be submitted
70 the vote OF such OF the duly quaH-
ned electors OF such county In the
year last preceding such election shall
have paid a tax upon property assessed
IN such county, and the majority of
those voting thereon shall vote In favor
OF Issuing the bonds. such election
ohali be held In the manner prescribed
by the laws of this State for the ts-
suance of road. bridge and public build
fng bonds and the bonds authorized at
each election shall be issued and pro-
vision made for their redemption in the
same manner provided In said law"
Sec. s. Each eiector voting at such elec
sion and desirous of voting for or sgains
OAid amendment shall deposit In the ballo
bon his ticket whereon shall be printed tn
wo-as For the amendment enlarging tn
limitation upon county debts for hiehwe,
and other purposes and Against tn
snendment enlsrging the limitation upo
county debts for highway and other pur
poses." and shall indicate his choice b,
piacsnG . opposite one or the othe
of oaid groups of words.
Sec. 4 The votes cast for the adoptiol
canvassed and the result be determined b
votes for Representative IN Congress-
Filled In the office of the Secretary q
etnte this Fifth day of June. A. ID 1911.
In Testimony Whereof I have hereunt
set my hand and affixed the Great Seal q
the State OF Colorado. at the City of Den
vsr. this First DAY Of October. A n 1919.
JAMES n. PEARcE.
CeBAH~) Secretary OF state.