The Elk Mountain pilot., 1920-09-30
CoNsTITUTIoNAL AMENDMENT

CONSTITUTIONAL AMENDMENT.
Notice is hereby given. that at the
ond day Of November, x. D. 1920. there
will be submitted to the qualified cleo
tion of amending the Constitution of
said state.
The authority for submitting such
Sf zee XXX Of II the 0
sone&srrsnt & q RssoiatloH No. Mo- ! Of 0s the
which is. in words and figures. follow
HOUSE CONCURRENT RESOLUTION.
Section. l.. Whereas. The prosperity
State of Colorado. as the State devel-
ops. are becoming more and more de-
lie highwsys Of the state. and under
existing law 4 is impracticable and
often impS:sibls to construct and and
State so that the same shall be perma-
nent and capable of the highest and
best utility and service;
Section 2. Now. Therefore. Be It Re-
solved, by the House of Representa-
tives Of the Twenty-second General AS
That there shall be submitted to the
qualified electors of the State of Colo
RADIO, at the next general election of
members of the General Assembly, for
ing amendment to the Constitution of
rasified BY a majority of those those voting
thereon. shall be valid as a part of the
said Constitution. to-wit:
(xI) of the Constitution OF the State
of Colorado shall be amended SO as to
read as follows:
Section 9. The state shall not con-
sienaie. % % Of rsSsnue. erect H puSiio b1iid- 1iI
insurrection. defend the state, or. in
time Of war. assist in defending the
Unted sstss AND the ta of SsS
for deficiencies of revenue. shall not
exceed one-fourth Of a mill ON each
amount s Of such s' debe be shsl a not any
each dollar Of said valuation. until the
valuation shall equal one hundred mill
lions OF dollars. and thereafter such
thousahd dollars; and the debt IN NJ
curred in any one yea, for erection
one-half mill on each dollar of said
valuation: and the aggregate amount
Of such debt it,, shall AZ t1t, meyer at any time
Of this articiel, and in ali cases the
shall be that OF the assessment last
preceding the creation of said debt;
crowded. That, in addition to the
as above. the state may contract a debt
by loan for the purpose of paying the
principal and accrued interest OF all
the outstanding warrants issued by this
state during and fcr the years 1887
1888. 1889, 1892, 1893. 1894 and 1897
said debt to be evidenced by registered
coupon interest bearing funding bonds
to an amount not exceeding $2.115.-
10000, or so much thereof as may be
necessary to pay said warrants and in
terest thereon.
said funding bonds shall be dated
s shs cpdn Of 'o Il: st. sa d ss ceaas
at any time after ten years from their
date. shall be absolutely due and pay
ass asG sha % Ss s sSs Ssn fhsf date
one hundred dollars (s100.00) each. OF
any multiple thereof. The Interest on
said bonds shall be payable senii-an-
per annum at the office of the State
city Of New York VI. q. s. a. A, ana nd the the
principal of said bonds shall be pay
able at the office of the State Treas.
urer;
at par and accrued interest and upon
the contemporaneous surrender and
cancellation of like amount of prip-
cipal and interest of said warrants.
said bonds to an amount eouallins
by the public school fund shall BE-
registered by the state Auditor and
State Treasurer in the name and for
the benefit of and payable only to
the said fund. and shall not be trans
And all such bonds to an amount
now held in in the School Of FUND FUND hi1n shnli be
sold by the State Treasurer at not less
than par and accrued interest. and the
proGseds thereof paid into the school
counties and school districts of the
state for school purposes. Ia the pro.
portions and in the manner REQUIRED