Newark leader. ([Newark, Ohio]) 1917-1946, 1921-11-04

Be it resolved by the General Assembly of the
State Of Ohio, three-fttbs of the MEM
bers elected to each House concurring
therein:
That there shall be submitted to the electors
of the state, in the manner prescribed by law,
at the general election to be held on the first
Tuesday after the first Monday in November,
1921, a proposition to amend article VIII of
the constitution of the State of Ohio by adding
thereto Immediately after section of said
article a new section as follows:
"a. "The Commissioners of the Sinking
Fund" created in this article, shall forthwith,
upon the adoption of this amendment proceed
TO issue and sell from time to time, under such
regulations they may. by order promulgate
for not less than par and accrued interest, not
to exceed the total sum OF twenty-five millions
($25, ,O0O 900 00) of dollars of the bonds of the
state of Ohio, bearing interest at not to exceed
hve and one-halt per cent per annum, payable
semi-annually and maturing in twenty equal
semi-annual instaments, commencing not later
than the first day of April, 1923. Such bonds
and the interest thereon as income shall be
exempt from all taxes levied by the state of
Ohio or any taxing district thereof. The pro-
ceeds of the sale of said bonds shall be paid
into the treasury of the state of Ohio, subject
to be paid out, without appropriation by the
General Assembly upon the order Of the. said
The Commissioners of Rt the Sinking m1g tpnd W the
pensaton Fund.-. The said THE Commits
soners of the Sinking Fund" shall by their
certificate filed with the auditor OF the state,
add to the state levy for taxation, in the year
1922 and thereafter during the life of such
bonds, in addition to all other taxes now or
hereafter provided by law such amounts an
nually as shall be necessary, as a tax levy Tor
the retirement of said bonds, and the payment
of the interest thereon; and said levy may also
provide for the payment OF the expenses OF
administration hereof. Such levy shall not be
considered in applying any limitation on ag-
gregate tax rates now or hereafter provided by
law. Said taxes when received shall be paid
into fund in the treasury of the State of
Ohio to be paid out without appropriation by
the General Assembly upon the order of the
said 'The Commissioners OF the Sinking
Fund" for the purpose of the payment, or re-
tirepcnt in other manner, of the SAID bonds,
interest thereon, and expenses of administra-
ton hereof. AS soon as may be, the SAID,
"The Commissioners of the Sinking Fund"
shall, under such regulations as they may from
to persons resident in Ohio at the time OF the
commencement of service who served honor
ably active service in the army, navy, or
marine corps of the United States OF America,
or being also citizens of the United States, in
similar forces of any OF the governments asso-
ciated with the United States in the world
war; with the rank or grade OF not higher
than captain in the army or marine corps, or
corresponding grade in the navy, between the
dates of April 6, 1917, and November II,
1918, or their heirs at law, adjusted compensa-
ton for their full period of active service to
the date of separation therefrom, at the rate
of ten $4,000 dollars per month, but not to
exceed two hundred and fifty ($25OOO) dol
lars No payment shall be made to any such
person, who refused on conscientious, political
or other grounds to subject himself to military
discipline or to render unqualified service, or
who, while in such service, was separated
therefrom under circumstances amounting to
dishonorable discharge. The said The
Commissioners of the Sinking Fund by order
shall make regulations; providing tor the as
signment and payment of the whole part
of any such payment to fund to be re-
tained by the said "The Commissioners of the
Sinking Fund.-" for the purpose of erecting
and maintaining, under such laws as shall be
ed
relief of veterans of the world war; providing
against any other sale or assignment or ices
charged for the collection OF sald amounts;
providing against the enforcement OF the
claims of creditors against such payments;
imposing penalties for violations of such regu-
lations fixing from time to time limitations
for the presentation of claims for said pay
ments; providing for the contracting and pay
ing of the necessary expenses of administra-
ton hereof and such other regulations as are
deemed necessary and proper for the n, admin,
faith and credit OF the state OF ONO is hereby
pledged for the payment OF said bonds. The
people of the state OF OHIO hereby declare that
they have enacted this special amendment to
meet the specific emergency covered thereby
and they declare it to be their intention to IN
no manner affect change any OF the existing
provisions of this constitution except as herein
set forth. The provisions OF this section shall
be sef-executing. Upon the retirement OF all
of the said bonds and payment OF all claims
presented within the limitations OF time as
prescribed as aforesaid the said The Com
missioners of the Sinking Fund" shall render
a final report to the General Assembly and
any balance remaining in the said funds shall
be disposed of as shall be provided by law
Be It further reSolVed, That at such election
herein provided for, for the submission of
this amendment to the electors OF the state, the
same shall be placed on the official ballot in
the manner prescribed by law and shall be
designated as follows:
TO AMEND o. ARTLGdE A,EI I ~ WI % or P,IT6 ThE
FOR ISSUING BONDS FOR
ADJUSTED COMPENSATION
FOR SERVICE LIN THE
WORLD WAR ............-..-..--.
TO AMEND ARTICLE VIII OF THE
INSTITUTION TO PROVIDE
FOR ISSUING BONDS FOR
ADJUSTED COMPENSATION
FOR SERVICE In THE
WORLD WAR .................--...... NO
And be it further resolved, That the re-
ouired publication of the said proposed amend
ment shall be made and the form of ballot to
be used in said election for the submission
thereof shall be prepared BY the secretary of
state in conformity with the above provision"
If majority of the electors voting said
amendment shall be ascertaned, according to
law, to have voted in favor thereof, the COVER
nor shall make proclamation thereof forthwith
and this amendment shall take effect at the
date of said proclamation.
CLARENCE ]. BRowN,
President of the Senate.
RUPERT BEETHAM,
Speaker of the House of RebresentstiVsS.
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