Show resolution A JOINT resolution AN amendment to section I 1 of article XIV of the constitution of the state of utah in relation to the limit of the state indebtedness inde t be it resolved res resol olied ed by the legislature of the state of utah two tro thirds ot of nil all the mem bf em bers elected to each of the V efto 0 houses con currina cur rini therein SECTION SEC HOI I 1 it Is I 1 proposed to amend see tion I 1 of article XIV of the constitution of the state of utah so that the same will rill read ng as folio follows s 1 to meet casual deficits or fall ures in revenue and tor for necessary expends turee tu res for or public purposes including the erection of public buildings and tor for the payment of oil all territorial indebtedness ass assumed ined by the state the state may contract debts not exceeding in the aggregate 1 at any one time an amount equal to one and one halt per of the N alue slue of the taxable property of the state ns shown by the last assessment for state purposes 6 pre previous kious to the incurring of such indebtedness but the state shall neer contract any indebtedness except as in the next section provided in excess of such amount and all monies montes arising from loans herein authorized authorised shall be applied solely to the purposes for which they were acre obtained SECTION 2 the secretary of state Is dl ill erected to cause thir this proposed amendment to be published as required by the constitution and to be he submitted to the tile electors of the state nt at the next general election in the manner provided by Is lav 8 it if ampro ed by the electors of of the state this tills proposed amendment shall take effect upon the first day of january A 1 I 1911 OP OF office of secretary of state I 1 1 ss I 1 charles 8 sect secretary detary of state of the state of utah do hereby lit reby certify that the foregoing Is a full true and correct copy of a resolution proposing on an amendment to section I 1 of article XIV of the constitution of the tile state of utah in relation to the limit of the state indebtedness passed by the eighth regular session of the legislature of this state in testimony whereof I 1 hm lim e hereunto set my hand and affixed the great seal sent of the state of utah at salt lake city this day of august A D I 1 1010 0 0 S saab secretary of state |