Mexico weekly ledger., 1920-10-28

ZION III ncu thereof, to he known as
section IL thereof, relating 10 the linn
It Of Indebtedness Of counties, cities.
toWhs, townships, school districts and
other political corporations and sub
divisions.
Be It resolved by the Senate, the House
OF representatives concurring therein,
as follows:
That Mt the general election to be held
on tuesday neEt following the first Mon
day IN Novemhef. A. u. 1920, there shall
he submitted for adoption or rejection. to
the qualified voters Of the state of Mis-
sour the repeal ~ section ~ Of article
~ OF the constitution OF Missouri and the
adoption or the following new section in
lieu thereof, to be known as section u
thereon, relating to the limit of indebted
ness 81 counties. cities. towns. townships.
school districts and other political cor
poratiOns and subdivisions:
Section IL, No county, city, town.
township, school district or other political
eOrporat'on or subdivision Of the state
shall be allowed to become indebted in
any manner or for any purpose to an
amount exceeding in any year the income
ana revenue provided for such year. with
OUT tne consent Of twU-thirds Of the vot-
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
CURED 10 an amount Including existing
Indebtedness, In the aggregate exceeding
hFe per CentuIn on the value Of the tax
able property therein. TO be ascertained
by the assessment next before the last
assessment for state and county purposes.
previous TO the mourning Of such in
debtedness, except that cities hi vlng q
population OF seventy-fye thousand in
habItants or more may, with the assent
nf two-thirGs Of the voters thereof yot-
ing ON such proposition at an election 10
be held for that purpose. incur an in
debtedness not exceeding ten per centum
on the Nalue OF the taxable property
therein, to be a~scertaiued by the assess
mcnt next before the last assessment for
state and county purposes previous to
the mourning OF such Indebtedness, such
! proposition mas be submitted at any
election, general or special provided, that
win such assent any county may he al
bowed to become Indebted to a larger
aHtouut for the erection Of courthouse or
Jail, or for the grading, construction,
paving, or matntattE Of paved, gTayclFd.
mac;ll united or rock roads and neoes-
siry bridges and culvertS therein. and
provided further. that ANY county. city,
town, township, school district Of other
political corporation or subdivision Of tho
state, mourning any Indebtedness reqNir-
ing the assent OF the voters as aforesaid,
shall before or at the time Of doing so.
provide for the collection Of an annual
tax sufficient 70 pny the interest on such
constitute q sinking fund Tor the pay
ment OF the pfinctpal thereof, within
twenty years from the time of contract
ing tle sano and provided further, that
The corporate authorities OF the city II
st, Louis are hereby authorized to issue
~ ~ p'hl2 "i hlt9 Guy IA
r.te ~ ,mtcrast ~ 90 - y" - az ~
cInf To, grNn1t, NO ~ r%,ypu iuvL ~
within thirty years from the date Of their
issue and the proceeds thereof shall he
celebration Of the Louisiana purchase
centennial In said city, to be used by sid
ErHrid,s yaS - tD. 'ry", 'i"'utnS
AM sai3 rHrr1r1tn a. 4nri, s"'H W
n,Ils I'LL Nra ir'+aTa a Ss''I,',1eS Va ~.
t;nnato Ia 80 : = AZ "gSS " p'"Pot,
ss sbSi, h ,m', ,at, "a 80 IN tt.Jt ~ mem
- S'an ue .'plAu 10 Ihe slochi9sueI5 %
ssI,atTp ~ ~ ''"h ~" ,,f Hrah sGos"I'psu
49, = III , w. 800 Nt1
.,tt,,jn ~ ""," l'vr' "iiii" sttip Sins
I t'I ~ 1911 p""iiGf ~ h.tl sul'i ~
1o tto5I "y1"tgm ~ StoGN n"lueLS am
at'oumt y 9adH ntotA 70 ga.1 III anu tnG
aminunt - ','il'n ~ aa'u Wy anu any
ell %" ~ ~" ~ "1ni
aaiIt'HH = Poi3tlsH T'I,n ot p@in lnt9 tne
~ " ~ Vhta'ttruttE pDiy'sis tFG1l aeu,
~ "a o. III .. u"' - ny "u2pS'"n
NJ ~ All " az th ~, "a ." ~ S SunTtIlItl" 1t
".,',JVgt is !" ~ 80. ~, 1911 Wy, 'Iiu5
70 "H SitS - a. to,' aVI'nE LHt alI
nA'rt1t .,ts dHienHmle'l sla'i pi dsaliiS'
rs a"uPs,n' taeu no 1oI,uH s,i1ti ne
ep aalipS,, ihS no sun ul"IptedngSs 81
Seateu snan oe gu any par tlefsot ptlu
" lhe stats or IRON any stare revenue!
YAK or Iuhd nUt t9e same sh"lI oe Pola
oy we Glty OF 81 lto"is aiqne Ftoviaeo
seat ~ 'no S''S u o.. n""ss w S5hVlu
OF oohas now ~dsgFeEHiihs 3oilll.uu9; mar
se'Hs 'ue aihouht asHhlneQ ny shiu clly
IN lh5 sSie'lg " scp5'aLiuh lIoil the
county, OF 81: iIouiS, ana the sum OF 70,-
S06;oVo heretofore prior 10 January !;
I2oi. eNRetIueI IN we C"nttf4ctlon oi
"ateLwoINs III Iie CitS u 81. LOUIS ahq
Ky pnius "'itci nl"y pe net,atter l3Snso
by s"lu CRY III tle CNHstfuCtioh ana I'M
proyeneht OF @attrWorks' me payment
OF the interest whereon ana the pEinclpaI
"nereoi sua" ne pr" tueu rom tHe rev
lhe amount OF sac oohos when s1ah Dc
oulstahGlhg at me tiInc staIt n9t pc N
tIuued m ins e9Lnp4.atioh OF the eXist-
the amount Of bonds authorized to b.
issued py ssiu Ftty win Lne assent o.
tWo,tntfaS o. 1la voters ehuer tle proyls'
tohs ot Inis aItcte. put saiq Elty sun