The Dawson news. (Dawson, Ga.) 1889-current, 1920-09-14
STATE OF GEORGIA.-Execut
Department.
A PROCLAMATION.

, a FNOALAlVkfAA INV
Submitting a proposed amendment 10
the constitution Of Georgia nti 70 De he V6 held
in November, 1920, to amend Paragraph
l. Section Z, Article Z, OF the consIlIu
ton of this state by adding thereto tne
following words: Provided any munich
naIity having a population of 10000 OF
more can issue and sell Street nm
proyement bonds, without the said as
sent of two thirds OF the quallIleo Tot
ers at an election called thereon, but
upon a two-thirds vote of the members
of its governing body, with these llml-
tations; first, the terms of such ponos
shall in no case exceed ten years. Sec
ond the amount of each issue shall be
limited to the amount assessed by sucn
municipality upon each Improvement.
Third, these bonds shall be issued only
for the grading and paying or repaVlng
of streets or portions Of streets. Fourth,
the interest thereon shall not exceed
six per centum per annum Pltth, THESE
bonds can be issued without regard 10
the amount of other outstanding deptS
or bonds of such municipality. Sixth,
these bonds not to be issued except In
case such pavement or requirement mas
been petitioned for in writing by the
owners of more than fifty per cent OF
the property abutting on the street or
portion of street paved or repaved." by
His EXcellency,
Whereas: The General Assembly at its
session in 1920 proposed an amendment
to the constitution of this state. as set
forth in an act approved August H.
M MI, Il Pal STREET IMPROVEMENT
BONDS. NO. 49,
An act to amend Paragraph |. Sec
ton z, Article T. of the constitution OF
the state by adding thereto the Iol0 q.A,
ing words: Provided any municipality
having a population of 10000 or more
can issue and sell street Improvement
bonds, without the said assent OF two
of
election called thereon. but upon two
thirds vote of the members of its gov
erning body, with these limitations
First the terms of such bonds shall in
no case exceed ten years. Second, the
amount of each issue shall be limited to
the amount assessed by such municipal
ity upon each improvement. Thlrd, THESE
bonds shall be issued only for the grad
ing and paving or repaving OF streets
or portions of streets. Fourth. the IN
terest thereon shall not exceed six per
centum per annum. Fifth, these oonds
can be issued without regard 10 the
amount of other outstanding debts or
| bonds of such municipality. Sixth, these
bonds not to be issued except in case
such pavement or requirement mas peen
petitioned for in writing by the owners
of more than fifty per cent of the prop
| erty abutting on the street or portion
| of street paved or repaVed;' ana Tor
| other purposes.
bly, of the state of Georgia, and it is
| hereby enacted by authority of the
| same as follows:
Section l. That Paragraph 1, Section
| T. Article 7, of the constitution Of this
| state be amended by adding thereto the
| following proviso:
Provided, any municipality having a
population of 100000 or more can issue
! and sell street Improvement bonds, .
/ without the said assent of tWo-thlrdS OF
| the qualified voters at an election cali
ed thereon, but upon a two-thlrds vote
! of the members of it's governing body,
with these limitations First, the term of
| such bonds shall in no case exceed ten
| years. Second, the amount OF each Is
| sue shall be limited to the amount as
sessed by such municipality upon each
| Improvement Third, these bonds shall
| be issued only for the grading and paw.
| ing or repaving of streets or portions OF
streets. Fourth, the interest thereon
! shall not exceed six per centum per an
! mum. Fifth. these bonds can be issued
| without regard to the amount of other
! outstanding debts or bonds of said mu-
nicipality, Sixth these bonds not to De
! issued except in case such pavement or
! requirement. has been petitioned for IN
writing by the owners of more than fiji
| ty per cent of the property abutting on
| the street or portion of street paved OF
! repaVed: so that said paragraph, when
| so amended shall read as follows: Para
graph l. The debt hereafter incurred
| by any county, municipal corporation or
| political division of this state, except as
in the constitution provided for, shall
not exceed seven per centum OF the as
sessed value of all the taxable property
| therein, and no such county, munlclpaIi-
ty or division shall incur any new debt,
except for a temporary loan or loans TO
supply casual deficiencies of revenue
not exceeding one-fifth of one per cen
| tum of the assessed value of the taxable
/ property therein. without the assent of
two-thirds of the qualified voters there
of voting at an election for that pur-
pose, to be held as prescribed by law;
IoI solo fN6rn- irdC en-
be a majority of the registered voters,
! and provided further that all laws, char
ter provisions and ordinances hereto
| fore passed be enacted providing special
! registration of the voters of the counties,
municipal corporations and other politi-
cal divisions of this state to pass upon
the issuance of bonds of such counties,
municipal corporations and political OWL
sions are hereby declared to be null and
! void and the General Assembly shall
/ hereafter have no power to pass or en-
act any law providing for such special
! registration, but the validity of any ana
1 all bond issues by such counties, muni-
/ cipal corporations or other political d.
visions made prior to January l, 1918,
! shall not be affected hereby, but any
city the debt of which does not exceed
! seven per centum of the assessed value
J of the taxable property at the time OF
the adoption of this constitution may
be authorized by law to increase at any
time the amount of said debt three per
centum upon such assessed valuation.
! Provided any municipality having g
/ population of 10000 or more can issue
| and sell street improvement bonds
without the said assent Of two-thtrds OF
| the qualified voters at an election call
ed thereon but upon a tWo-third~ NGte
of the members of its governing body.
| with these limitations: First, the term of
I such bonds shall in no case exceed ten
/ years. Second. the amount of each issue
! shah be limited to the amount assessed
/ by such municipality upon each improve
ment Third these bonds shall be issued
/ for the grading and paving or repavinS
! of streets or portions of streets. Fourth,
the interest thereon shall not exceed
/ six per centum per annum. Fifth, these
{ bonds can be issued without regard to
. the amount of other outstanding debts
/ or bonds of said municipality. sixth,
! these bonds not to be issued except in
/ case such pavement or repavemest has
been petitioned for in writing by the
owners of more than fifty per cent of
! the property abutting on the street or
| portion of street paved or repaVed."
Sec. 2. Be it further enacted by the
! authority aforesaid That whenever the
! above proposed amendment to the con-
/ stitution shall have been agreed to by
two-thirds of the members elected to
! the two houses of the General Assem-
/ bly,. and the same has been entered on
their Journals with the Ayes and Nayes
/ thereon the governor shall cause said
amendment to be published in at least
! two newspapers in each congressional
4 IN, &c ctot in1 of tNyn