Pocahontas star herald., 1924-08-15
PRoPosrp AMrNpMrNr NO. II.

tuition OF the State OF Arkansas, 80 ~
TO provide a method of conducting thf
incorporated towns on a sound finan-
eial basis, and to prevent the max
ing OF contracts or allowances IN ex-
year; ana to " prevent offiosrs from is-
dencss OF Indebtedness or make al
lowancss in excess Of the current rev.
ties for the violation Of this provis-
ron AMENDMENT NO. II
AGAINST AMENDMENT NO. n
Proposed Amendment No. n 10 TIE
Constitution OF the state OF
BE 1T RESOLVED by the HouH Of
kansas and by the Senate Of the
State OF Arkansas. a Majority Of all
Members Elected to Each House
That the following is hereby pro-
posed a. an amendment to the Consti-
tuition Of the state OF Arkansas, and.
upon being submitted 70, the electors
At the next general election for SEN
ators and representation. II . Major
ity OF the electors voting at such an
same shall become a part OF the Con-
wit:
sectionfi. That Section I of Article
Arkansas be amended by adding there
to the following:
conducted on a sound financial basis
and no county court or levyinR board
or agent Of any county shall make or
.lo%sn.. .ny fcr 9onsraOs sas SerSo. O5 NAV. wS
ever in excess Of the revsnus from all
sources for the fiscal year IN which
said contract or allowances 10 madei
hal ~ - llIAU n N =
eisrs. cH " or amy any oeSsr oeSs' soun;y a offIes
sign or issue any scrip warrant or
make any allowance in excess Of the
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 clas..
or any Incorporated town, enter iato
any contract or make any allowance
for any purpose whatsoever, OF au-
thorlze the Issuance Of any contract or
Indebtedness in excess OF the revenue
for such city or town for the current
fiscal year: nor shall any mayor. city
ssrs S Of o,csT Ess1rds5 or s1E sn %
any city Of the first or second class or
incorporated town. sign or Issue any
scrip. warrant or other certiflcate OF
Indebtedness in excess Of the revenue
from all sources for the current fiscal
"Provided, however. to secure funds
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 10 that now authorized, not
exceeding three mills may be levied
for the time as provided by law until
such indebtedness IL paid.
where the annual report Of any
city or county in the State Of Arkan-
sas shows that scrip, warrants or oth-
or certificates OF indebtedness had
been issued in excess Of the total rev.
snus for that year. the officer or offi-
GERS Of the county or city or lncorPor-
issued such scrip, warrants or ether
certificates of indsbtsdnsss shall bs
deemed guilty Of . mlsdsm sanor and
upon conviction thereof, shall be fined
fn any sum not less than five hundred
dollars nor more than ten thousand
dollars. and shall be removed from sf-
flee"
Section D. rhs 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 (so) days after its approval and
adoption BY the psopls OF the state OF
Approved: March 9, 1873.
III ID in the office Of Secretary OF
State on the 9Th day OF March. 1929.
Eacn slector may vote for or against
the above Amendment
Witness my official signature this
IRA c. HOPPER,
SEAL Secretary OF State