Mexico weekly ledger., 1920-10-14
CONSTITUTIONAL AMENDMENT
NO. g.

Authorizing General Assembly to con-
tract a debt on behalf Of the state and
to issue bonds Of not exceeding 6 ,ooo,-
10000 for 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. n providing
for the payment of such Indebtedness.
Be it resolved by the Senate, the House
of Representatives concurring 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 As, a new section
70 be known as section 44a, to read as
follows:
Section Ala. In addition to the excep-
ttons made and created in section "a.
the general assembly shall have 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 autho iZe the contracting
of a debt or liability on behalf Of the
state, and to issue bonds or other evil
dcnces of Indebtedness thereof not eX-
ceeding, In the aggregate, sixty millions
of dollars, such bonds to bear interest
at a rate not exceeding FIVE per centum
per annum, payable semi-annually, and
maturing not later than thirty years
from the date they bear. The said bonds
and the interest that Will accrue thereon
shall De paid out of a fund TO he prOvid-
ed by the levy and collection Of a direct
mud ~ NNr N-AVN Il -, .----
in the state. Any motor vehicle regis
tratiOn fees or license fees or taxes,
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,
mission. authorized by law, shall, after
the issuance Of such bonds. and so long
AZ any bonds herein authorized are UNI
paid, be and stand appropriated without
legislative action for and to the payment
nf 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
fore the first day of July, to determine
the rate OF taxation necessary to raise
the amount OF money needed for that
year 10 a the principal and interest
maturing In the next succeeding year,
taking into consideration available funds,
delinguenCies 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 assazsser or other officer in
the city of ST. Lnuis whose duty 1t may
he to make up md certify the tax books
wherein are extanded the state taxes.
1t will be the dirty 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 dd their respective counties.
and the city of st. Louis. who shall col
lect such taxes at the same time and in
he 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.