The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1920-10-08

oOo.O Tor constructing hard surfaced
roads.
JOINT AND CONCURRENT REsoLU-
TION submitting to the qualified voters
Of the state Of Missouri an amendment
to article 4. authorizing the general
assembly to contract a debt or liability
on behalf OF the state and to issue bonds
to an amount not exceeding $50. 900 900
for the purpose Of building a system
Of roads within the state, and providing
for the payment OF such Indebtedness.
Be II resolved by the Senate, the House
OF Representatives %concurriDz therein.
That at the general election to be held
on the Tuesday following the first Mon
day in November, A. d. 1920, there shall
be submitted to the qualified voters OF
Missouri. for adoption or refusal, an
amendment to the Constitution Of the
state, adding to article 4 thereof, between
section a and section 45, a new section
to be known as section 44a, TO read as
follows:
Section IA. In addition to the excep-
lions made and created In section ~,
the general assembly shall have the pow
or, from time to time. for the purpose
OF constructing hard surfaced public
roads, In each county OF the state, TO con-
tract OF to authorize the contracting
] OIL n 0eDI OF ldOllllN vi DtHdl VI NuN
state, and to issue bonds or other evil
dences Of Indebtedness thereof not ex-
ceeding, In the aggregate, sixty millions
Of dollars. such bonds TO bear interest
az a rate not exceeding five per centum
per annum, payable semi-annually, Rno
maturing not later than thirty years
from the date they bear. The said bonds
and the interest that will accrue thereon
shall be paid out OF a fund 10 be PROVO
ed by the levy and collection OF a direcl
and annual tax upon all taxable property
In the state. Any motor vehicle regis
tration fees or license fees or taxes
authorized by law. except the propert,
4 tax thereon, less the cost and Expense
OF collection and the cost of maintaining
any state highway department or com
mission, authorized by law, shall. ate
the issuance of such bonds. and so lonl
as n bonds herein authorized are un
paid. be and stand appropriated w1thou
legislative action for and to the paymen
OF the principal Of said bonds. and shal
be credited to a sinking u to be pro
vided for by law. II shall be the dut.
Of the state auditor, annually. on OF De
fore the first day OF July. to determin
the rate OF taxation necessary TO rails
the amount Of money needed for tina
year 10 pay the principal and interes
maturing IN the next succeeding year
taking into consideration available FUNDS
~delinquencies and the cost OF collection
The auditor shall annually certify tn
rate of taxation so determined 10 IN
clerk OF the county court OF each count
and TO the assessor or other officer 1
the city Of st. Louis whose duty II ma
be TO make up and certify the tax book
wherein are extended the state taxes
II viii be the duty Of said clerk an
the said assessor or other proper office
In the city Of ST. Louis to extend upo
the tax books the taxes TO be ~collecte
and certify the same to the collector {
the revenue OF their respective counties
, and the city OF st. Louis. who shall co
, lect such taxes at the same time n
Z the same manner and by the same near
as are now or may hereafter be provide
, by Law for the collection OF state an
= county taxes, and pay the same into h
state treasury. The legislature SHAH eI
, act such laws as may be necessary
! carry into effect this amendment.