The Lexington intelligencer. [volume] (Lexington, Mo.) 1901-1949, 1920-10-22
CONSTITUTIONAL AMENDMENT
NO. o.

Authorizing General Assembly 10 con-
tract a debt on behalf OF the state and
70 issue bonds Of not exceeding $4,000.
ooo.oo for constructing hard surfaced
roads.
Joint AND CONCURRENT RESOLU-
TON submitting to the qualified voters
Of the state Of Missouri an amendment
TO article I, authorizing the general
assembly to contract a debt or liability
pm behalf OF the state and to issue bonds
totan 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 Il 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.. 1890, 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 I thereof, between
section "a and section 40, a new section
to be known az section 44a. to read as
follows:
Section 44a. In addition to the excep-
lions made and created In section a..
the general assembly shall have the pow
Nlf AlOin AiAlt " llInes TOT Inh DuTDOSe
OF constructing hard surfaced public
roads, In each county Of the state. to con-
tract or TO authorize the contracting
OF a debt or liability on behalf OF the
state. and TO Issue bonds or other evil
dences OF indebtedness thereof not ex-
ceedtng. In the aggregate. sixty millions
OF dollars. such bonds to bear interest
at a rate not exceeding Ave per centum
per annum, payable s~emi-annualy. and
maturing not later thar thirty years
from the date they bear. The said bonds
and the interest that will accrue thereon
shall be paid out of a fund to be provId-
ed ny the levy and collection Of q direct
and annual tax upon all taxable property
IN the state. Any motor vehicle regis
tration fees OF license fees or taxes,
authorized by law, except the property
tax thereon, less the cost and expense
OF collection and the cost Of maintaining
mission, authorized by law, shall after
the issuance of such bonds, and so long
as any bonds herein authorized are UNI
paid, be and stand appropriated without
legislative action for and to the payment
or the principal OF said bonds, and shall
be credited to a sinking fund to be pro-
Nided for by law. 1t shall be the duty
OF the state auditor. annually, on or be-
fore the FIRST day OF July. to determine
the rate OF taxation necessary to raise
the amount OF money needed for that
year to pay the principal and interest
maturing IN the next succeeding year.
taking into consideration available funds.
d~elinquencies 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 70 the assessor or other officer In
the city OF st, Louis whose duty IL may
be to make up and certify the tax books
wherein are extended the state taxes.
II win be the duty OF said clerk and
the said assessor or other proper officer
IN the city of ST. Louis TO extend upon
m certify the same to the collector OF
the revenue Of their respective counties,
and the city OF 81. Louis. who. shall coll
lect such taxes at the same time and IN
the same manner and by the same means
as are now or a 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