Show resolution A JOINT resolution PROPOSING AN amendment to section I 1 of article XIV of the constitution of the state of 0 utah tn rein Kel tion atlon to the limit of the state indebtedness be it resolved by tho the legislature of the state of utah two tao thirds of nil all the mem bera bers elected to each of the two houses con currina therein SECTION I 1 it la Is proposed to amend section I 1 of article XIV of the constitution of the state of utah so that the same will A in read as faion follows S Sze SECTION I 1 to meet casual deficits or toll fall ures in revenue and tor for necessary expends turea tures for or public purposes 6 including the erection of public buildings and forthe for the payment ol 01 all territorial indebtedness assumed by the state the state may contract con tract debts not exceeding in the aggregate at any one time an amount equal to one and one half per of the i alue of the taxable property of the state as show n by the last assess nu nt for stater statty pu purposes reposes previous lous to the incurring ot of such indebtedness but the state 2 hall ne nen er contract any indebtedness except t as in the next section pro provided wed in excess of such amount and all monies arising from loans herein authorized shall be applied solely to the purposes for m which filch they were A ere obtained 2 the secretary of state Is di dl erected to cause this proposed amendment to bo be published as required by the constitution and to be submitted to the electors of the state at the next general election in the manner provided by law lam SECTION 8 if approve cd by the electors of the state this proposed amendment shall take effect upon the first day of january A D 1911 STATE OF UTAH of secretary of state I 1 ia 98 I 1 charles 8 secretary of state of the state of uta h do hereby certify that the foregoing Is a full true and correct copy of ft a resolution proposing an amendment to to section I 1 of article XIV of the constitution of the state of utah in relation to the limit of the state indebtedness passed pissed by the 1 eighth regular session of the legislature of this state in ti tt whereof I 1 have hereunto set my hand and affixed the great seal of the state of utah at salt stilt lake ott this day of august A 0 8 ISEAL SEAL secretary of state |