Madison County Democrat. (London, Ohio) 19??-1958, 1953-10-27
mnRIn WARIBONua

u
pronosing 10 repeal section "a Of Ar
ticIe VIII of the constitution OF the
state of Ohio relative TO World war
Bonus compensation.
Be it further resolved by the GeneraA
Assembly of the State of Ohio, Three
Fifths of the members OF each house
concurring therein:
That there shall be submitted TO the
electors of the state, for their approVsl
or rejection at the election 10 De nelu
on the first Tuesday after the flrsts
Monday in November. 1858, proposal
to repeal Article VIII, section "a, OF
the constitution of the state of ONO.
Said proposal proposes to amend the
constitution of the state of Ohio by
repeating section "a of Article VIII.
which reads as follows:
ARTICLE VIII
Sec "a. THE Commissioners OF the
Sinking Fund. created in this article.
shall forthwith, upon the adoption or
this amendment. proceed to issue ana
sell from time to time, under SUCH
regulations as they may by order pro-
mulgate, for not less than par and
accrued interest. not to exceed tne
total sum of twenty-five millions
(S25,O00 .00O0Ol of dollars of the bonds
of the state of Ohio, bearing interest
at not to exceed five and one-half
per cent per annum, payable SEMI
annually, and maturing in twenty
equal semi-annual installments, COM
mencipg 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 proceeds 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 the Sinking Fund, the same to be
known as THE World War Compen-
sation Fund" The said The Com.
missioners of the Sinking Fund" shall
by their certificate filed with the audi
tor 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 annually as shall be nec-
essary, as a tax levy for 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 aggregate
tax rates now or hereafter provided
by law. Said taxes when received shall
be paid into a fund in the treasury Of
the state of Ohio to be paid out with
out appropriation by the General AS
sembly upon the order of the said
The Commissioners of the Sinking
Fund" for the purpose of the payment,
or retirement in other manner, of tha
said bonds, interest thereon and ex-
penses of administration hereof. AS
soon as may be. the said The Come
missioners of the Sinking Fund" shall,
under such regulations IS they may
from time to time promulgate, paB
out of said fund to persons resident IA
Ohio at the time of the commence
ment of service who served honorably
on active service In the amy, 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 associated
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 81
April 6, 1917. and November IL, 1918, or
their heirs at law, adjusted compensa-
ton for their full period of active
service to the date of separation thers-
from, at the rate of ten $4,000 dollars
per month, but not to exceed TIVE
hundred fifty (S250.00) dollars. No
payment shall be made to any such
person, who refused on conscien~
tious, political or other grounds to
subject himself to military discipline
or 10 render unqualified service, or
who, while in such service, was sepa.
rated therefrom under circumstances
amounting to dishonorable dis
charge. The said THE Commissioners
of the Sinking Fund" by order shall
make regulations; providing for the
assignment and payment of the whole
or part of any such payment to a fund
to be retained by the said The Com-
mlSSloners of the Sinking Fund" for
the purpose of erecting and maintains
ing. under such laws as shall be enact
ed for that purpose, hospitals for the
reief of veterans of the world war.
proVlding against any other sale or
assignment or fees charged for the
collection OF said amounts; proyidin@
against the enforcement of the clainne
OF creditors as against such payments.
imposing penalties for violations of
such regulations: fixing from time to
nme limitations for the presentation
or claims for said payments; providing
r,es ror tne contracting and paying of the
necessary expenses of administration
hereof and such other regulations a.
are deemed necessary and proper for
the administration and PAYMENT az
SAID fund. The fun faith and credit of
the state of Ohio is hereby pledged
LOT the Payment of SAID bonds. The
people of the state of Ohio hereby
declare that they have enacted this
speclaI amendment to meet the spa-
cine emergency covered thereby snd
they declare II TO be their intention
70 IN no manner affect or change ar1v
OK the existing provisions of this con-.
Stltuion except as herein set forth
Ihe provisions of this section shall ha
seif-executing. Upon the retirement ~
all OF the said bonds and payment ~
all claims presented within the Iinoits-
tons OF time as prescribed as aforasaid
the said The Commissioners ~ the
Sinking Fund" shall render a final rae
port TO the General Assembly and ay,,
palance remaining In the said funds
sn2n be disposed of as shall be nros
vided by law. p'0
SCHEDULE
Ire ABOVE proposal shall be pIacas
on the official ballot in such form ss
the secretary Of state shall presn,4h-s -
II Inc votes for the proposal e,ecss,-i
tnose against II, section "a az ArftsIA
VIZ OF the constitution of the sfsse
OF ONO shall be repealed,
UNITED STATES OF America
STATE OF OHIO
OFFICE OF THE SECRETARY nu.
STATE
Il, TED W BROWN. Sacrat,u
state OF the State of Ohio IA har.s oh
certify that the foregoing IL S..suy
copy OF the following reeai,,at tlAle
senate Joint Resolution s Sana4a yaaas;
resolution 60 House Joint Passi s3stlI M ~
IL ,ila diaa iiouse Joint Resolution "a fla
~ a,5 Sis ~ ~oLIlee OF the Secretary of stateA
Ha,a ailu Proposing TO amend the above &c..
'1J1ls TNT OF, gI l,rl Ine gonstitution Of ohio
IN TESTIMONY WHEREOF > -.
Hfrrs -,