The journal. (Caldwell, Ohio) 1934-1961, 1953-10-29

ticle VIII of the constitution of tha
state OF Ohio relative to World War
Bonus Compensatory.
BE it further resolved by the General
Assembly OF the State OF Ohio Three.
Fifths OF the members of each honSa
concurring therein:
That there shall be submitted to the
electors OF the state. for their approval
or rejection at the election to be held
on the first Tuesday after the first
Monday in November, 1858, a PROPOSAL
to repeal Article VIII, section "a. of
the constitution OF the state of Ohio.
Said proposal proposes to amend the
constitution of the state of Ohio bv
repeating section "a OF Article WI,
which reads as follows:
ARTICLE VIII
Sec. "a. The Commissioners of the
Sinking Fund. created in this article
shall forthwith. upon the adoption OF
this amendment. proceed to issue and
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 the
total sum Of twenty-five millions
(S25.U00,0o000) of dollars of the bonds
of the state of Ohio. bearing interest
at not 10 exceed five and one-half
per cent per annum. payable SEMI
annually, and maturing in twenty
equal semi-annual fnstalments, COM
mencing 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 10 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, aGd 30 the state levy
for taxation, in the year 1922 and
thereafter during the life OF such
bonds. in addition 10 all other taxes
now or hereafter provided Ly law,
such amounts annually as shall be nee
essary, as tax levy for the retirement
OF said bonds, ana the payment of the
interest thereon: and said levy may
also provide tor 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 UrGer of the said
The Commissioners of the Sinking
Fund" for the purpose Of the payment,
or retirement in other manner OF the
said bonds, interest thereon and cX-
penses of administration hereof. As
soon IS may be, the said The Com
missionerS Of the Sinking Fund" shall,
under such regulations as they may
from time to time prOmul5ate, pay
out Of said fund to persons resident IN
Ohio at the time of the commence
nent of service who served hOnorably
on active service il the army. navy,
or marine corps OF the United States
of America. or being also citizens OF
the United States. n 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 Of
April 6, 1872. and November II, 1918, CT
their heirs at law, adjusted compensa-
ton for their full period OF active
service to the Gate of separation there
from, at the rate of len (SlO00) dollars
per month, but not to exceed two
hundred fifty (S250.00) dollars. No
payment shall be made to any such
person. who refused on conscien-
tOuS, political or other grounds 10
subject himself to military discipline
or 10 render UNQUALIFIED service, or
who. while in such service. was Sepa-
rated theretrOm under circumstances
amounting to a. dlShOnorable 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 10 funu
to be retained by the said The Com
mlSsioners of the Sinking Fund for
the purpose of erecting and maintain
ing, under such laws as shall be enact
ed for that purpose. hospitals for the
relief of veterans of the world war;
providing against any other sale or
assignment or fees charged for the
collection OF said amounts; providing
against the enforcement of the CLAIMS
OF creditors IS against such payments,
imposing penalties ior violations OF
SuCh regulations, fixing from Llne W
time limitations for the presentation
of claims for said payments; providing
Tor the contracting ard paying OF the
necessary expenses of administration
hefe0f and such other regulations as
are deemed necessary and proper tOI
the administration and payment ot
said fund. The fun faith and credit OF
the state OF Ohio IS hereby pledged
for the payment of S2.d bonds Inc
people of the state Of ONO HEREBY
declare that they have enacted TINS
special amendment TO meet the spe-,
cltic emergency covered thereby ana
they declare il TO be their intention
10 in no manner affect or change any
OF the existing provisions OF this. con-
Stltution except as herein set tol IN
The provisions of this section shall De
self-eXecuting. Upon thc retirement OF
all of the said bonds and payment OF
all claims presented within the lImital,,
tons of time rs prescribed aS aioressa,iu s,ll
the said The Com. lissioners Of the
Sinking Fund" shall render a final re-
port TO the General Assembly and any
balance remaining in the said iuhas
shall be disposed of as shall be pro-
Vlded by law.
SCHEDULE
The above proposal shall be placed
on the official ballot in such form as
the secretary OF state shall prescioe
If the votes for the proposal exceed
those against ii, section "a OF ArucLe
VIII of the constitution of the SLATE
OF Ohio shall be repealed