Mexico weekly ledger., 1920-10-21

tract a debt on behalf ,of the state and
to issue bonds Of not exceeding S6o,oo0,-
o0o.CO for constructing hard surfaced
roads.
JOINT AND CONCURRENT REsOLU-
TION submitting to the qualified voters
Of the state Of Missouri nm amendment
to article I, authorizing the general
assembly to contract q debt or liability
on behalf Of the state and 70 issue bonds
to an amount not exceeding $780, 600. 600
for the purpose of building a system
of roads within the state, and providing
for the payment Of such indebtedness.
lie II resolved by the Senate, the House
Of Representatives concurrlng therein;
That at the general election TO be held
on the Tuesday following the FIRST Mon
day In November. a. y. 1870, there shall
be submitted to tho qualified voters Of
Missouri. for adoption or refusal. an
amendment to the Constitution Of the
state, adding to article 1 thereof. between
section a. and section a., Il new section
10 be known as section Ala, to read as
follows:
Section Ala. In addition to the excep-
tons made and created IN section a.,
the general assembly shall AVE the pow
er, from time to time. for the purpose
of constructing hard surfaced public
roads, in each county of the state, to con-
tract or to authorize the contracting
of a debt or liability on behalf Of the
state, and to issue bonds or other evil
deurcs Of Indebtedness thereof not cX-
CeediUE, in the aggregate. sixty millions
Of dollars, such bonds to bear interest
AT a rate not exceeding five par centum
per annum, PAYABLE sGWi-aunU9iIy, and
maturing not later than thirty years
from the date they bear. The said bonds
and the interest that will accrue thereon
shall Ne paid out Of 4 fun to be proyid-
ed by the levy and collection Of a direct
and annual tax upon all taxable property
in the state. Any motor vehicle regis
t~a tt.- F.,g mr. E4,-na F,.- ,y nNn
authorized by law, except the property
tax thereon, less the cost and expense
Of collection and the cost Of maintaining
any state highway department or com-
the issuance Of such bonds. and so long
as any bonds herein authorized are I'M
paid, be and stand appropriated without
legislative action for and to the YIN
of the principal Of said bonds. and shall
be credited to a sinking fund to be pro-
vided for by law. 1t shall be the duty
of the state auditor, annually, or or be-
fore the first day Of July. to determine
the amount Of money needed for that
year to pay the principal and interest
maturing in the next succeeding year,
taking into consideration available funds,
~delinquenCies and the cost Of collection.
The auditor shall annually certify the
rate Of taxation so determined to the
clerk of the county court of each county
and to the assessor or other officer in
the city Of St, Louis whose duty 1t may
he to make up and certify the tax books
wherein are extended the state taxes,
1t will be the duty of said clerk and
the said assessor or other proper officer
in the city of st. Louis to extend upon
the tax books the taxes to be collected
and certify the same to the collector Of
the revenue Of their respective counties,
and the city of ST. Louis, who shall col
lcct such taxes at the same time and in
the same manner and by the same means
as are now or may hereafter be provided
by law for the collection Of state and
county taxes, and pay the same into the
state treasury. The Legislature shall en-
act such laws as may be necessary to
carry into effect this amendment.