The Butler weekly times and the Bates County record. (Butler, Mo.) 1918-1950, 1920-10-21
coNsr,rur,oNSSL, AmEnDmENr

and ENABLING thsm . aeaulrs public utii.
JOINT AND CONCURRENT REso6u.
srtici. Is q thsV constitution y the
state OF Missouri by striking out Sec
ton - thereof and. adding a new sec
ton in lieu thereof. to b known az
Il OF Indebtedness Of counties cities,
towns, townships. school districts and
other political corporations and sub
divisions.
BE 1t resolved BY tile senate, the House
Of Representatives concurring therein,
~ follows
That At the general election to be held
On Tuesday =, next following the first Mon:
submitted Tor adoption or Or snsai nni to
the qualified voters Of the state of Mis-
s so the rspea! q section = Of article
adoption q the Following new section IN IL
thereof, relating to the limit Of indebted j.
ness. ness 81 Sorntes cities towns townships.
porations and subdivisions:
Section Il. Nc county. city. town.
corporation corp or subdivision Of the state
s os foo purpose 70 an IN
amount exceeding in any year the income
and revenue provided for such year. with
ers thereof voting on such proposition.
at an election to be held for that purpose;
nor In cases requiring such assent shall
any Indebtedness be allowed to be In
indebtedness. in the aggregate exceeding
Ave per centum on the value Of the tax
able property therein. to be ascertained
04Q0Qarnnnt FIR 0t0fo md
previous to the mourning Of such in
debtedness. except that cities having q
population Of seventy-flve thousand in.
Of two-thirds Of the voters thereof vot-
be held for that purpose, Incur an in
o tSs value mot Sa ten per
therein. to be ascertained by the assess
ment next before the last assessment for
state and county purposes previous to
proposition may be submitted at any
election. general or special; provided. that
with such assent any county may be al
amount for the erection Of courthouse or
jail. or for the grading. construction.
paving. or maintaing Of paved. Rraveled.
sr1as or rock roads and nscss
town, township. school district. OF other
political corporation Or subdivision Of the
Ing the assent Of the voters .. eforesaid.
provide for 4. coiis lee ' 81 an n0 annual
as t. e RI . es ds s q such
constitute . sinking fund for the pay
ment Of the principal thereof. within
nx s s sna p ns s Of nat
the corporate authorities Of the city Of
st. Louis are hereby authorised to issue
interest-bearing bonds. Of said city In
rate of interest not to exceed four per
cent per annum. the principal payable
within thirty years from the date Of their
paid to the COZ corporation e' organized Tor the
celebration Of the Louisiana purchase
centennial In said city. to be used by said
corporation for, said celebration. holding
And said. corporate. authorities Of ST.
tionate amount Of the aid given BY them
said corpolation e on i the sum SUBSCRIBED
manning from the assets Of said Corpora
ton after sald stockhSldsrs ana SAID s. city
aivd.d SstResn Dsid .tocfhodsns .nd
said city in proportion to the aggregate
amount Of said stock 20 paid In and the
AMOUNT % recsived BY said city from
said corporation shall be paid into the
sinking fund Of said city for the redemp-
that II. st the election. Tor the adoption
OF this amendment to the Constitution, =
majority Of the votes cast within the linn:
tts Of said city OF q. Louis voting Tor ana
IL adoption, then no honda shall be is-
sued under this amendment and provide
ed further. that no such indebtedness -
BY the STATE Or from any state revenue.
By the city Of 81. Louis alone; Providsdt