The Cape weekly tribune. (Cape Girardeau, Mo.) 1914-1914, 1914-06-26
Petitions Circulated in Cape
County Authorizes Big
Bond Issue
LOWER COUNTIES ARE
STRONG FORPROJECT
Many Names Added to Document
Presented Here By George
richard

Petitions are being circulated in
Cape Girardcau, Scott, New Madrid
and Butler counties proposing Il con-
stitutional amendment, authorizing a
$4,000, 600 bond issue for good roads
purposes. The money is to be divided
among the various counties.
George Orchard of Poplar Bluff,
who brought number of petitions
to the Cape yesterday, said that the
farmers in the lower counties were
enthusiastic over the proposed amend
mcnt. Many Cape residents endorsed
the measure with their signatures.
As this does not affect the larger
cities, it is believed the amendment
will be accepted, if submitted to the
people. This bond issue, should it
be authorized, would give Missouri the
best cross state highways in the union,
and would bring every farmer nearer
to a city.
The proposed amendment also car
ries clause authorizing slight
levy to pay the interest on the bonds
in the event of an Unforeseen cmcr-
gency.
The text of the amendment follows:
That Section ~ of Article " of
the Constitution of the State of
Missouri is hereby amended by add
ing new clause and paragraph at
the end of said section as follows:
Fourth. The General Assembly
shall have full power to authorize
the issuance of Understanding bonds
of the State in the sum of Fifty
Millions of Dollars (S50,000, 100000
for the purpose of constructing and
maintaining public roads and high
ways" so that said section, when
amended shall read as follows;
Section A The General Assembly
shall have no power to contract or
to authorize the contracting of any
debt of liability on behalf of the
State, or to issue bonds or other evil
dcnccs of Indebtedness thereof, cX-
ccpt in the following cases:
First. In renewal of existing bonds,
when they cannot be paid at maturity
out of the sinking fund or other re-
sources.
Second. On the occurring of an
Unforeseen emergency or casual de-
ficiency of the revenue, when the
temporary liability incurred, upon the
recommendation of the Governor first
had, shall not exceed the sum of
two hundred and fifty thousand
dollars for any one year, to be paid
in not more than two years from and
after its creation.
Third. On the occurring of any
unforeseen emergency, or casual de-
ficiency of the revenue, when the
temporary libility incurred or to be
incurred shall exceed the sum of
two hundred and fifty thousand
dollars for any one year, the General
Assembly may submit an act provid-
ing for the loan, or for the con-
tracing of the liability, and contain
ing provision for levying tax
sufficient to pay the interest and prin-
cipal when they become due (the
latter in not more than thirteen
years from the date of its crcation),
to the qualified voters of the State,
and when the act so submitted shall
have been ratified by two-thirds
majority at an election held for that
purpose, due publication having been
made of the provisions TO the act
for at least three months before
such election, the act thus ratified
shall be irrcpealable until the debt
thereby incurred shall be paid, prin-
cipal and interest,
FOyrth. The General Assembly
shall have full power to authorize
the issuance Of Understanding bonds
of the State in the sum of Fifty
Millions of Dollars $50 600, 100000
for the purpose of constructing and
public roads and high
NKuN.s