Show resolution A JOINT AT amend ment to section I 1 of 0 article XIV of the constitution of the state of utah in relation to the limit of the state indebted be it res resolved olied by the legislature of t the be state of utah TA T two A o third thirds of all the M mem em bera bers elected to each of the to houses con burring therein SECTION I 1 it is proposed to amend section I 1 of 0 article XIV ot of the constitution of the state of utah so that the same will r read cad as follows to meet casual deficits or toll fail urea ures in revenue and for necessary expends ture tures for public purpose purposes including the erection of public and fort for the lie payment of nil all territorial indebtedness assumed by the state the state may contract debts not exceeding in the aggregate 1 at any one time an tin amount equal to one and one halt half per of the mine value taxable property of the bbate as show n by the last assessment for state purposes lous ions to the incurring of such indebtedness but the state shall never ne er contract any indebtedness except ns as in the next section pro provided aided in excess of ruch such amount and nil all monies arising from loans herein authorized shall be applied solely to the purposes for m which they 3 were ere obtained loT 2 the secretary of state Is dl tit erected to cause thin this proposed amend amendment ment to be published as required by the constitution and to be submitted to the electors of the bbate at the next general election in the fannir r brov prodded aided by law SECTION 8 3 if approved bythe by the electors of the state this proposed amendment shall take effect upon the first day of january A D 1911 8 OP OF UTAH I 1 iss office of secretary of state 1 I 1 charles iesH S 1 secretary of state of the state of utah 10 lo do hereby certify that the forego ng Is a full true and correct copy of a resolution proposing an amendment to section 1 of article XIV of the constitution of the state of utah in relation to the I 1 unit of the state indebtedness passed by the flaith regular session bession pt the e legislature of t this ills state in testimony m whereof hereof I 1 hai e hereunto act my hand and affixed the great seal of the suite state of utah at halt salt lake city this doy of august A D 1910 0 S SEAL st secretary of ata state te |