Show proposed constitutional amend ment no 3 SENATE resolution NO 6 A concurrent owr resolution providing an amendment 7 to section I 1 article XIV of the ff constitution W of the 9 state of utah relating to state debt limits tion be adv it enacted mif by the legislature aff of v the ais state of utah two thirds of tafv all the members aff elected to each of ff the two houses av concurring therein 9 section I 1 17 that it 9 is proposed to amend 7 section I 1 article caf 14 of the an ution of the state a of a utah so w that the same will read aw am mw follows section 1 to meet casual deficits 7 or failures 7 in revenue and ey for f feces sary expenditures for public pu pose 8 including the erection of public build v angs and toe the payment of all terri indebtedness assumed by the state the state may contract debts not ex coed nc in the ag regate at any one time an amount equal to 2 per 7 of the value of the taxable property of the state as shown by afi the last assessment for state purposes romlous to the incurring of such in edness but the state shall contract any indebtedness except M am in the next section provided in ex coos of such amount and all moneys 1 arising from loans herein authorized shall be applied solely to the purposes for which they were obtained see 2 the secretary of state in hereby directed to submit this pro posed awe a amendment 77 to the dav electors of the ay state at the next general election in ff the manner adf provided by law see 9 if adopted f S by ff the sif electors arv of the state this amendment shall take effect january J JW 1 1231 approved as march 18 1919 aw |