Morgan County Democrat. (McConnelsville, Ohio) 1886-1943, 1931-10-22
AMENDMENT TO THE
CONSTITUTION OF OHIO

p..~oosing to amend the constitution of
Ohio by adopting section to be desig-
mated as section 2b OF Article VIII of
said constitution for the purpose of
authorizing the contra ting of debts of
the state in an aggregate amount not
exceeding seven million five hundred
thousand dollars to supply funds for
tie construction and repair of build
i1gs, the equi pment and furni shing
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 sufi cent to pay the inter
est and principal thereof.
Amount of Bonds Authorized to be Is
sued ST 5000
Maximum Rate of Interest 5c6 Per An
mum
These Bonds to be Issued between
November a, 1881, and July /, 1882.
Be It ,e5oilcd BY the General Assembly Of
the State Of Ohio, three-ffths Of ali
the members elected to each house
thereof agreeing thereto
Section ! There shall be submitted to
the electors Of the State Of Ohio, for their
approval or rejection, at the general election
on the Tuesday after the first Monday in
November, 1881. 2 proposal to amend the
60 constitution = Ohio BY adopting section to
OF sa1d constitution reading as follows:
ARTICLE VIII
Section ~. The Commissioners of the
Sinking Fund" created in this article shall,
forthwith upon tie adoption Of this amend.
nent, proceed to issue and sell at public
sale, from time 10 time, under such regula-
tlons as they may by order promulgate, for
not less than par and accrued interest, not
70 exceed the total sum of seven million five
hundred thousand dollars of bonds of the
State ot Ohio bearing interest at not to
exceed five per cent per annum, payable semi
annually, and maturing IN ten equal annual
lnstalments commencing not later than the
first day OF January. 1884. and not earlier
than eighteen months after the issuance Of
any such bonds. No such bonds shall be
issued to mature later than the first day of
lanu9r l943., 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 be
expended without appropriation by the Cen
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
equipment and furnishing thereof, and the
purchase Of land for the use of existing or
new welfare and penal institutions Of the
state and Tor no other purpose. For the
payment OF the interest on sach bonds and
the installments OF principal thereof. the
same mature, and to meet the expenses Of
administration hereof any fund or funds in
the state treasury, available by law for
appIopI ldtlou LOT llS purposes tOr Wnlcn Sdlo
bonds shall have been issued shall. without
appropriation by. Tie General Assembly, be
paid out upon tne order of the said "The
Commissioners of the Sinking Fund to the
extent necessary; but the General Assembly
may maize appropriations for such purposes
ont of any such funds, which appropriations
so made shall De first exhausted, before any
unappropria:ed moneys snail be SO with
drawn. The full faith and credit Of the
State of Ohio is hereby pledged for the pay
ment of said bonds. Upon the retirement
of all Of said bonds and the payment of all
the interest thereon said "The Commissioners
report re to the General era Assembly. @ The pro- pro.
visions of this section shall be self-executing.
Section D. The secretary OF state, IN the
manner provided by law. shall prescribe the
fern of the ballots to be used at the election
mentioned in section / 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 Cor which the same to be
issued
Adopted, June Is, 1891.