The Dawson news. (Dawson, Ga.) 1889-current, 1920-09-28
STATE OF GEORGIA.-Executive
Department.
A PROCLAMATION.

in November, 1920 to amend Paragraph
/ Section Z, Article z, OF the constlIu-
ton of this state by addlng ann 1ner nunici
naIity having a population OF loO.Vo OF
more can issue and sell street I'M
proyement bonds, without the SAID as
sent of two-thirdS of the quallIleo Not
ers at an election called thereon, but
upon a two-thirds vote of the mempers
Of its governing body, with these n1ni-
tations; first the terms OF such bonus
shall in no case exceed ten years. sec
ond, the amount of each issue shalI De
limited to the amount assessed by sucn
municipality upon each Improvement.
Third these bonds shall be issued only
of streets or portions of streets. tourtn,
the interest thereon shall not exceeu
six per centum per annum Fl1tn, lnese
bonds can be issued without regard 70
the amount of other outstanding oepts
or bonds of such municipality. sixth,
these bonds not to be issued except III
case such pavement or requirement mas
heen petitioned for in writing by the
owners of more than fifty per cent o.
the property AUDITING on the street or
portion of street paved or repaVed' by
-' HUGH M DORSEY, Governor.
Whereas: The General Assembly at its
session in 1920 proposed an amendment
to the constitution of this state, as SET
forth in an act approved August H.
1920 to wit:
BONDS. NO. 3d.
An act to amend Paragraph ]: Sec
ton T. Article T. of the constitution OF
the state by adding thereto the follow
ing words Provided any iso 6nS nc moys
can issue and sell street improvement
bonds, without the said assent OF two
thirds of the qualified voters at an
thirds vote of the members Of It's gov
erning body, with these limitations:
First the terms of such bonds shall in
no case exceed ten years. SECOND, tne
amount of each issue shall be llmiteo 70
the amount assessed by such municipal
ity upon each improvement. Third, these
bonds shall be issued only for the grad
ing and paving or repaving or streets
or portions of streets. Fourth, tne m
terest thereon shall not exceed six per
centum per annum. Fifth, these bonds
can be issued without regard TO the
amount of other outstanding debts or
bonds of such municipality. sixth, these
bonds not to be issued except in case
such pavement or repavemept has been
petitioned for in writing by the owners
of more than fifty per cent of the prop
erty abutting on the street or portloll
of street paved or repaved;" and for
Be it enacted by the General Assem-
bly, of the state of Georgia, and 1t is
hereby enacted by authority OF the
same as follows: ..
Section l. That Paragraph l, Section
7 Article Z, of the constitution of this
state be amended by adding thereto the
following proviso:
population of 100000 or more can issue
and sell street Improvement ponds, .
without the said assent of two-th1rds OF
the qualified voters at an electloh cai car
ed thereon, but upon two-th1rds vote
of the members of its governing oody.
with these limitations: First, the term OF
such bonds shall in no case exceed ten
years Second. the amount of each IS
sue shall be limited to the amount as
sessed by such municipality upon eacn
Improvement. Third these BONDS shall
be issued only for the grading and paw
ing or repaVing of streets or portions OF
streets. Fourth, the interest thereon
shall not exceed six per centum per an,
num- Fifth, these bonds can be issued
without regard to the amount OF other
outstanding debts or bonds of said mu-
nicipaIity. Sixth, these bonds not to be
issued except in case such pavement or
requirement. has been petitioned for IN
writing by the owners of more than III
ty per cent of the property abuttlng on
the street or portion of street paved OF
repaVed: so that said paragraph, When
so amended. shall read as follows: Para
graph l. The debt hereafter incurred
by any county, municipal corporation or
political division of this state, except as
in the constitution provided for, snail
not exceed seven per centum OF the as
sessed value of all the taxable property
ty or division shall incur any new debt
except for temporary loan or loans TO
supply casual deficiencies of revenue
not exceeding one-fifth or one per cen
property therein, without the assent OF
two-thirds of the qualified voters there
of voting at an election for that pur-
nose to be held as prescribed by law,
provided said two-thirds so voting shall
be a majority of the registered voters,
and provided further that all laws, char-
ter provisions and ordinances hereto-
fore DaSSed be enacted providing Speclal
registration of the voters of the counties,
municipal corporations and other pol1tl-
cal divisions of this state to pass upon
the issuance of bonds of such counties
municipal corporations and political dlVl-
sions are hereby declared to be null and
void; and the General Assembly shall
hereafter have no power TO pass or en-
act any law providing for such speclai
registration, but the validity ot'any ana
ali bond issues by such counties, NUM-
cipal corporations or other political d1-
visions made prior to January l, 1918,
shall not be affected hereby but any
city the debt of which does not exceed
seven per centum of the assessed value
of the taxable property ut the time of
the adoption of this constitution may
be authorized by law to increase at any
time the amount of said debt three per
centum upon such assessed valuation.
Provided, any municipality having q
population of 10000 or more can issue
ana sell street IflDTO VtIlCuL JULIUS
without the said assent OF two-thirds of
the qualified voters at ali election call
ed thereon, but upon a t"O-third~ vote
of the members of it's governing body,
with these limitations First, the term OF
such bonds shall in no case exceed ten
years Second. the amount of each issue
shall be limited to the amount assessed
by such municipality upon each improve
ment. Third, these bonds shall be issued
for the grading and paving or repaving
of streets or portions of streets. Fourth,
the interest thereon shall not exceed
six per centum per annum. Fifth, these
bonds can be issued without regard to
the amount of other outstanding debts
or bonds of said municipality. Sixth,
these bonds not to be issued except in
case such pavement or repavemeAt has
been petitioned for in writing by the
owners of more than fifty per cent. of
the property abutting on the street or
portion of street paved or repaved.
Sec 2. Be it further enacted by the
authority aforesaid. That whenever the
above proposed amendment to the con-
stitution shall have been agreed to by
two-thirds of the members elected to
the two houses of the General Assem-
bly,. and the same has been entered on
their Journals, with the Ayes and Nayes
thereon the governor shall cause said
amendment to be published in at least
two newspapers in each congressional
district in this state for a period of two
months next preceding the time of hold
ing the next general election.
Sec g. Be it further enacted by the
authority aforesaid. That the above pro-