Show constitutional AMENDMENT NO I 1 P reposing to A end action 1 antior XIV of the th constitution of litah relating to ee is ld indebted bt A n raIt concurrent lon providing 1 am amendment amend nent to section 1 article XIV of 0 ill the constitution ot at the S state tats of uta relating lne to state debt 11 limit ilor be B it U enacted by the ot of the state of at utah two third thirds of all the ril members elected to each ot at the tl to 0 1 bouie 2 concurring a the therein relar section 1 tuat it is pre proposed posed tj a mend section 1 I article sa 4 ot of te tle constitution ot of the state of at utah go 0 o that the une same will remi read as follow follows se sat 1 to meet most ou oual 1 deficits or ta and tor for necessary for or public purposes including the erection loa ot of public build toe md and for or the payment of ill 11 ter retort rt ri tOrtal tort nea assumed by the tate wate the state may contract debt debts not exceeding la in the aggregate at any time an amount to 2 per ot of the value ot at the property ot of the fate state ai as hown shown oy the lat last assessment tor for tate state purposes eee previous to the incurring Incur rini of such in debt ednee but the bbate never contract any indebtedness except as in the next lection provided in 1 excess ot euch such amo int and all moneys wie aria lux from loami herein authorized hall shall be tie applied so 10 ely to the purpose purposes tor for which they were obtained bee 2 the secretary ot of state la 13 harily directed to submit this pro tweed amendment to the elector electors ot at the state at the next general ea election in tha U instiller provided by law sec I 1 it adopted ay hy tae electora electors ot of the elate state allis amendment hall shall take erect 1 I 1 2923 |