Show constitutional AMENDMENT I 1 prop asir to amend section 1 article XIV of 0 the constitution of utah relating to state indebted no a A concurrent resolution providing aa tap 1 section 1 article articie X XIV ay iy ot of the cons constitution 0 0 the state et C utah to ataru atatu debt dimita U boo be re it enacted by the legislature ot at the state of at utah two third thirds ot at all the members elected to each esch of the ibe two houses concurring con currine the sherela rein rela section I 1 that it la is proposed to amend section I 1 article 14 ot of the ot of the state ot of utah eo so that the wai e will read aa t allow sec 1 to meet casual deficits or ta flues in revenue aad and tor for necessary tor for bublic purpose purposes in eluding ta tu greet lon ot of public build lar ingo and tor for the payment ot of all territorial terri ri rit tortal orial Indebted br by the oe tate state the tate state may contract debts not exceeding in the aggregate at any oae nes talus an all amount equal to 2 per ot of the value ot at the taxable property of the tate state as an hown shown by the it assessment tor tar tate state previous to the incurring ot of abich uch 11 in but the tate state hall shall never contract say ay except aa in im the next section provided in excess off 0 such uch amount and all money moneys art ris tast ing from loan loans herein hamin authorized authorised ball be applied clely solely to the purposes aea for or which they were obtained sec sam I 1 r 9 secretary ecret ary ot of state is hereby directed to submit thia this proposed amendment to the electors ot of the tate state at the next general alec election in the manner provided by law bee bec S it U adopted by the elector electors of the abate thil this amendment hall shall take effect janz january ry 1 to 1623 |