The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1931-10-30
WEARSHINE REMOVED
From Ladies' and Gents
Garments
Kappeps Clothing Hospital
1872 N. B st. Phone 1787-W
PROPOSED AMENDMENT TO THE
CONSTITUTION OF OHIO

Proposing TO amend the constitution of
Ohio by adopting u section to be desig-
mated ~ section 2h of Article VIII Of
said constitution for the purpose Of
authorizing the contracting of debts of
the state In an aggregate amount not
exceeding seven million five hundred
thousand dollars to supply funds for
the construction and repair of build
ings, the equipment and furnishing
thereof, and the purchase Of land for
the use Of the welfare institutions Of
the state; and to that end authorizing
the Issuance Of bonds and directing the
levy Of taxes sufficient TO pay the inter-
est and principal thereof.
Amount of Bonds Authorized 70 be L.
sued ~ 500, 900.
Maximum Rate sf Interest Sqo Per An
mum.
These Bonds to be Issued between
November 4, 1891. and July I. 1882.
b i resolved BY tie Gemeys. Assembly .,
ths State. Of Ohio. three-ffths Of all
the members elected to each house
s.,,;a1 thereof a agreeing thereto:
approval or rejection, at the general election
on the Tuesday after the first Monday in
November. 1881, a proposal to amend the
constitution co OF Ohio by adopting section to
OF saiu constitution, reading follows:
ARTICLE VIII
Section 2b. "The Commissioners of the
Sinking Fund" created in this article shall
forthwith upon the adoption Of this amend
ment. proceed to issue and sell at public
sale, from time to time. under such regula.
tons as they may by order promuigate, for
not less than par and accrued interest, not
to exceed the total sum of seven million FIVE
hundred thousand dollars of bonds of rhe
State of Ohio. bearing interest at not tc
exceed tve per cent per annum, payable semi
annually. and maturing in ten equal annual
lnstaiiments commencing not later than the
hrst day OF January, 1884. and not earlier
than eighteen months after the issuance #
any such bonds. No such bonds shall be
issued to mature later than the first day of
lanuar 1943. The proceeds of the sale OF
such bonds shall be paid into the treasury Of
the State of Ohio to the credit of fund
therein to be known as "The State Welfare
Rehabilitation Fund" Said fund shall DC
expended without appropriation by the Gen
eral Assembly. but subject to approval and
allotment by the emergency board for the
purpose Of supplying funds as determined
by the director of public welfare. for the
construction and repair of buildings. the
purchase OF land for the use of existing u
new welfare and penal institutions OF the
state and tor no other purpose. For the
payment of the interest on such bonds and
the installments of principal thereof as the
same mature, and to meet the expenses of
administration hereof. any fund or funds in
the state treasury, available by law for
aPPiopiiduoH iot tue purposes LOT Whfcn Saf0
bonds shall have been issued shall. without
appropriation by the General Assembly ,e
paid out upon the order of the said "The
Commissioners OF the Sinking Fund to thu
extent necessary; but the General Assembl,
may make appropriations for such purposes
out of any such funds. which appropriations
30 made shall be first exhausted, before any
unappropriated moneys shall be so with.
drawn. The full faith and credit of the
State Of Ohio IS hereby pledged for the pay
of all OF said bonds and the payment of al
the interest thereon said '.The Commissioners
OF the Sinking Fund" shall .render. final
visions Of this section shall be self executing
Section 2. The secretary OF state in the
manner provided by law. shall prescribe the
fe I'M of the ballots to be used at the election
mentioned ia section l hereof for the sub
mission Of the proposal therein provided for:
but said ballots shall distinctly state the
amount Of bonds authorized to be issued. the
period within which they may be issued
the maximum rate of interest thereof and
the purpose for which the same are to be
issued.
Adopted June rs. 1881.