Pocahontas star herald., 1924-04-04
PRoPosrD AMrNpMrNr No. n.

senate Joint resolution, approved
March 8. 1928, submitting TO the peo-
pie proposal TO amend the Constl-
tuition Of the State Of Arkansas, so az
70 provide a method OF conducting the
fiscal affairs OF counties cities and
Incorporated towns on sound finan-
elal basis, and to prevent the max
INK or contracts or allowances in eN-
cess OF the revenues Tor the fiscal
year ana 10 prevent officers from Is
sulHg scrip, warrants or other eVi
dences OF Indebtedness or make al
lowances IN excess of the current rev.
enues and to provide adequate penal
lon.
For AMENDMENT NO. Il
AGAINST AMENDMENT NO. n
Proposed Amendment No. II to the
Constitution of the state of
Arkansas.
BE 1T RESOLVED by the House OF
Kansas nSd s Of the state Of A
state OF Arkansas, a Majority OF all
Members Elected TO Each House
agreeing thereto:
Ihat the following Is hereby pro-
posed as an amendment to tho Consti-
luton OF the State OF Arkansas, and,
upon being submitted to the electors
OF the State for approval or rejection
at the next general election for SEN
ators and representatives, n Major
lty OF the electors voting at such an
erection adopt such amendment, the
same shall become a part OF the Con-
wit:
Section /. That Section 4 OF Article
IL OF the Constitution OF the State OF
Arkansas be amended by adding there
TO the following:
The fiscal affairs OF counties. cit
les and Incorporated towns shall be
conducted on a sound financial basis,
ana no county court or levying board
or agent of any county shall make or
authorize any contract or make any
ever In excess OF the revenue from all
sources for the fiscal year in which
SAID contract or allowance Is made;
Clerk eHT shs S9SSnty Judge osgGa e9qn
sign or issue any scrip warrant or
make any allowance In excess of the
revenue from all sources for the cur
rent fiscal year; nor shall any city
council board OF aldermen, board OF
public affairs or commissioners, of
any city of the first or second class,
or any incorporated town. enter into
any contract or make any allowance
Tor any purpose whatsoever, or au-
thorize the Issuance OF any contract or
warrants. scrip or other evidences OF
Indebtedness In excess OF the revenue
for such City or town for the current
fiscal year; nor shall any mayor, city
clerk. or recorder, or any other off.
Ger or Officers. however designated. of
any city OF the first or second class or
Incorporated town, sign or issue any
scrip, warrant or other certificate OF
indebtedness In excess of the revenue
year.
Provided, however to secure funds
TO pay indebtedness outstanding at
the time OF the adoption OF this
amendment, counties, cities and in
corporated towns may Issue interest
bearing certificates OF Indebtedness or
bonds with Interest coupons for the
payment Of which a county or city tax.
In addition to that now authorized. not
exceeding three mills may be levied
for the time as provided by law until
such indebtedness Is paid.
Where the annual report OF any
city or county In the state OF Arkan-
sas shows that scrip. warrants or 9TH
been issued in excess OF the total rev.
enue for that year. the officer or off
GERS of the county or city or incorpor-
ated town who authorized. signed or
certificates of Indebtedness shall be
deemed guilty Of a misdemeanor and
upon conviction thereof, shall be fined
in any sum not less than five hundred
dollars nor more than ten thousand
flee"
Section 2. The provisions Of the
Constitution Of the State OF Arkansas
In conflict with this amendment are
hereby repealed insofar as they are In
conflict herewith. and this amendment
shall take effect and be in operation
sixty (60) days after its approval and
adoption by the people Of the State OF
Arkansas.
III ID in the office of Secretary OF
State on the 9Th day OF March, is23.
Eacn elcctOr nay vote for or against
the above amendment.
Witness my official signature this
the 31st day of March, 1924.
SEAL Secretary Of State.