PROPOSED.LEGISLATIVE AMEND
MENT
Proposed C««stitutional Amendment
Number 14
Amending Sections 2 and 3 of Arti
cle t of the Constitution of the State
of Arkansas; providing that the Su
preme Court of the State shall be
composed of Seven judges one Chief
Justice and Six Associate Justices;
providing that Judges may sit in two
divisions, and otherwise providing the
manner in which the court shall sit
and shall render its decisions.
Providing for the selection and elec
tion of the two additional Judges.
FOR AMENDMENT NO. 14
AGAINST AMENDMENT NO. 14
f roposed Constitutional Amendment!
Number 11 |
He It Resolved by the Senate and !
House of the Representatives of the
State of Arkansas, the Majority of
Both Houses Agreeing Thereta:
Thut the following is hereby pro
posed as an amendment to the Con
stitution of the State of Arkansas,
and the same being submitted to the
electors of the State for approval or
rejection at the next general election
for Senatoae and Representatives, if
a majority of the electors voting at
such election adopt such amendment
the same shall become a part of the
Constitution of the State of Arkansas
to-wit:
That Sections 2 and 3 of Article
7 of the Constitution of the State of
Arkansas be amended to read as
follows:
The Supreme Court shall be com
posed of seven Judges, one of whom
shall be styled Chief Justice and elect
ed as such. In the consideration and
decision of cases, all Judges lay sit
or the Court may be divided into two
divisions, and the decision of each of
said divisions shall be the decision of
the Court. The Chief Justice shall
assign three of the Associate Justices
to each division and he may change
such assignments from time to time,
and the Associate Justices may inter
change with each other by agreement
among themselves. The concurrence
of three judges shall be necessary to
a decision in either division. When
the Court is sitting in banc, the Chief
Justice shall preside, and the concur
rence of four shall be necessary to a
decision. The Chief Justice shall al
lot the cases to the divisions, and he
may order any case to be decided or
reconsidered by the court in banc.
The Chief Justice may sit in either
division, and shall preside when so
sitting. The Judges of each division
shall elect a presiding Judge for that
division, who shall preside when the
Chief Justice Is not sitting in that
division. If the Chief Justice it ab
sent from the Court, the senior Judge
shall perform his duties.
The Governor shall appoint the
two additional Judges provided for
herein, one of whom shall hold office
until his successor is elected at the
general election for State officers in
1922, and qualifies, and one of whom
shall hold office until his successor is
elected at the general election for
State officers in 1924, and qualifies.
Approved by the governor and tiled
in the office of the Secretary of
State, January 17, 1917.
Each elector muy vote for or again
st the above amendment.
Witness my official signature this,
the 24th day of April, 1918.
[Seal] TOM J. TERRAL,
Secretary of State.
-o
PROPOSED LEGISLATIVE.AMEND
MENT
Proponed Constitutional Amendment
Number 15
Providing credit of state may be
loaned and indebtedness incurred to
an amount not exceeding two per cent
of the assessed valuation, of property
in State for the purpose of providing
funds to be loaned upon the security
farm lands within the state, or mak
ing farm loans, providing Governor
Secretary of State and State Land
Commissioner shall constitute State
Land Board having authority to sell
bonds in name of State, place money
in State Treasury and loan money to
bona fide purchasers of farm lands in
Arkansas and prescribing manner in
which such loans shall be made and
repaid; delegating to the Legislature
the authority to provide for the car
rying out, administering and safe
guarding the provisions of this am
endment; providing all provisions of
the Constitution of Arkansas in con
flict with this amendment be repealed.
FOR AMENDMENT NO. 15
AGAINST AMENDMENT NO. 15
Be It Resolved by the House of Rep
resentatives and the Senate of the
State of Arkansas, the Majority of
Both Houses Agreeing Thereto:
That the following is hereby pro
posed as an amendment to the Con
stitution of the. State of Arkansas,
and the same being submitted to the
electors of the State for approval or
rejection at the next general election
for Senators and Representatives, if
a majority of the electors voting at
such election adopt such amendment,
the same shall become a part of the
Constitution of the State of Arkan
sas, to-wit:
Section 1. Notwithstanding the
limitation contained in Section 1 of
Article 16 of the Constitution, the
credit of the State may be loaned and
indebtedness incurred to an amount
not exceeding two per cent of the
assessed valuation of all the property
in the State for the purpose of pro
viding funds to be loanal upon the
security of farm lands within the
State, subject to the limitations here
in contained.
Section 2. The Governor, Secretary
of State and State Land Commission
er shall constitute the State Land
Board, which board is hereby author
ized and directed to issue and sell
or pledge bonds in the name of the
State to be known as the “Arkansas
Farm Credit Bonds” in an amount not
to exceed two per cent of the assess
ed valuation of all the property in the
*"'" " ■ 111 .»■
State, and to place the proceeds in the
State Treasury in a fund to be known
as the “Arkansas Rural Credits Loan
Fund.’’
Sec. 3. Said bonds shall be issued
in denominations of $25.00, $100.00,
$500.00 and $1,000.00 and shall be is
sued in series of $10,000.00 or multi
ples thereof drawn to mature in not
more than thirty-six years; nor shall
3aid bonds be sold until applications
from bona fide purchasers of land ag
gregating $10,000.00 have been filed
with and approved by the State Land
Board. Said bonds shall bear inter
est at the rate of four per cent per
annum, and shall be exempt from tax
ation by the State of Arkansas, or
any of its subdivisions.
Sec. 4. Said State Land Board is
authorized and directed to loan the
moneys in said Arkansas Rural Cred
its Loan Fund to bona fide purchasers
of farm lands in Arkansas, upon notes
secured by mortgages or deeds of
trust constituting first liens on such
farm lands in amounts which shall not
exceed seventy five per cent of the
appraised value of such lands. The
credit of the State shall not be loan
ed to any person to purchase more
than. 80 acres of land, nor land valued
at more than $50.00 per acre. Nor
shall a loan of less than $200.0W nor
more than $3,000.00 be made to any
purchaser of land.
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made except to owners who “operate”
and “occupy” lands mortgaged and
shall be made for the following pur
poses: (a) The payment for land?
purchased; (b) the purchase of live
Stock and other equipment, and the
making of improvements which in the
judgment of the board will increase
the production of such lands or add
to their value as a farm home in a
degree to justify such expenditure;
and (c) for the satisfaction of en
cumberances upon such lands, which
in the judgment of said board, were
incurred or assumed by said applicant
for the aforesaid purposes.
Sec. 6. Every applicant for a farm
loan shall state clearly in his applica
tion the purposes for which such loan
is desired and upon its approval by
the board this statement shall be
deemed a part of the note or contract
under which the loan is granted. But
no failure to apply such funds to the
purposes stated in said application or
enumerated herein shall invalidate a
loan when once made, nor shall any
thing herein contained be deemed to
prevent any farm owner from selling
or leasing lands subject to such in
cumbrance; but if he shall violate
his said contract by applying the
moneys borrowed to purposes other
those stated in his applcation or enu
merated herein, or if he shall lease
such lands or sell them to any per
son not fullfilling the conditions and
purposes provided herein, said board
is authorized and directed to require
the repayment of said loan upon six
month’s notice, and said raite or con
tract shall contain a clause providing
therefor.
Sec. 7. Such loans shall be repaid
with interest accruing in annual in
stallments on the amortization plan,
such installments being fixed at such
sums as will cover the interest rate
and will liquidate the debt in a period
to be agreed upon between said board
and the applicant, said period to be
not less than five nor more than thn
ty-six years; but any debtor may
liquidate any part or all of his indebt
edness in amounts of $50.00 or multi
ples thereof upon any amortization
payment date.
Sec. 8. The rate of interest on
loans shall be five per cent per an
num; provided that no Farm Credit
Bonds shall be sold for less than par;
and provided further that the board
shall require each applicant to pay
an initial charge of 1 per cent, of the
loan granted, the minimum charge to
be $10.06 to cover the cost of apprais
al and examination of title.
Sec. 9. All surplus funds accruing
from the operation of the system of
rural credits herein provided for, af
ter paying interest accruing on the
aforesaid bonds, and all operating and
other expenses arising from the ad
ministration of said system of rural
credits shall be placed in the State
Treasury and become a part of the
fund to be known as the “Arkansas
Rural Credit Reserve Fund.” Said
Arkansas Rural Credits Reserve Fund
shall be loaned on farm lands in the
manner herein provided for the Ark
ansas Rural Credit Loan Fund, and
the interest accruing from the loans
made from the said Arkansas Rural
Credits Reserve Fund shall be added
to it and become a part of it. The
said Arkansas Rural Credits Reserve
Fund shall be irreducible, except that
it may be drawn upon to reimburse
the State for loss in the administra
tion of said systemof rural credits.
Sec. 10. The Legislative Assembly
shall provide in such detail as it shail
deem advisable for the carrying out
and administering of the provisions
of this amendment, and shall provide
adequate safeguards against the use
of such loans as an aid to the pur
chasing and holding of lands for the
purposes of speculation. Such safe
guards shall include clear definitions
of the terms “operate” and “occupy”
used herein. In the absence of such
legislation and subject to the same af
ter its enactment • the State Land
Board shall proceed to administer said
system of rural credits under rules
and regulations provided by itself,
but subject to the provisions herein
contained.
Sec. 11. The provisions of the
Constitution of Arkansas in conflict
with this amendment are hereby re
pealed, in so far only as they conflict
herewith. The provisions of this
amendment shall be self executing,
and shall take effect and be in op
eration 60 days after their approval
and adoption by the people of Ark
ansas.
Approved by the Governor, and fil
ed in the office of the Secretary of
State, March 17, 1917.
Each elector may vote for or again
st the above amendment.
Witness my official signature this,
the 24th day of April, 1918.
[Seal] TOM. J. TERRAL,
Secretary of State.
i
120 million.
Allies
must eat
Wmofoi)
I
FIRE LOSSES TO DATE
EXCEED ALL LAST YEAR
Underwriters Say Situation Is
Serious Because of Diffi
culty of Rebuilding
Losses from fire in Arkansas
exceed, to date, the entire loss
es of last year, according to
Little Rock general agents of
fire insurance companies. It is
pointed cut by the fire insur
ance underwriters that there is
a more serious aspect to the
matter than indicated by the
approximate doubling of the
1917 fire loss in 1918. That is
the increasing difficulty and
expense, both of buildings and
stock.
Much of the insurance now
in force, the insurance men
say, is based on old valuation
figures and is far from ade
quate to pay for replacement,
even were it possible to obtain
building material and atcck
with the same facility as for
merly. Therefore while the i
loss indicated by the insurance
policies to date since Jan. 1,1
are in excess of the total loss
es df last year, the true loss in
dollars and cents to the prop-:
erty owners is far in excess of I
that.
Arkansas is not alone in
heavier fire losses for, accord
ing to the Journal of Commer
ce, <h New York, which inde-1
pendently keeps fire statistics
for the whole qountry, the July
ire losses totaled $24,537,000 i
representing a 50 per cent in
crease over July fire losses last
year. And last year was in
cuded in the July figures the
$11,000,000 loss off the Black
Tom Island disaster. The Jour
nal of Commerce does not in
clude on its list fires causing a
loss of less than $10,000.
Arkansas underwriters say
that experience shows heavier
Jesses may be expected during
the last six months of the year
than during the first six. They
make the further significant
statement that 70 per cent of
all fires are due to carlessness
and are strictly preventable,
and the remainder due to un
discovered causes are largely
Catarrh Cannot 3e Cured
with LOCAL. APPLICATIONS, as they
cannot reach the seat of the disease.
Catarrh is a local disease, greatly in
fluenced by constitutional conditions, and
in order to cure it you must take an
Internal remedy. Hall's Catarrh Medi
cine Is taken internally and acts thru
the blood on the mucous surfaces of the
system. Hall's Catarrh Medicine was
prescribed by one of the best physicians
In this country for years. It is com
posed of some of the best tonics known,
combined with some of the best blood
purifiers. The perfect combination of
the ingredients in Hall’s Catarrh Medi
cine is what produces such wonderful
results in catarrhal conditions Send for
testimonials, free.
F. J. CHENEY * CO.. Props., Toledo, O.
All Druggists, 76c.
Hall’s Family Pills for constipation.
preventable.
The above condition affects
every reader of this paper
whether he reaiizes it or not.
Fire losses do not come out (if
i the pockets of the fire insuran
ce underwriters. Only a
jchange of mental attitude, hab
; its and custom with relation to
■fire and its prevention will
I save America from her huge,
needless and av^ful fire losses.
Think of it. Twenty four and
one half million dollars worth
of our property and products
destroyed in one month by our
own hands through earlessness.
FORSALE
Well equipped Blacksmith
shop, grist mill, engine, also 4
room residence, one mile north
of Newark, known as the Pro
pes property. Apply to R. W.
Taylor, R. 1. Newark, Ark.
4 CLEBURNE COUNTY
DESERTERS TO PRISON
Are Given Five Year vSentences
In Court Martial Trial at
Camp Pike
Camp Pike, Aug 20.—Four
members of the famous Atkis
son slacker gang, rounded up
in Cleburne county, will spend
the next five years in the Unit
ed States disciplinary barracks
at Fort Leavenworth, Kan.
The four, Jesse F. Blakely
and C. C. Blakely, brothers;
Leon D. Martin and John W.
Penrod have been found guilty
on charges of desertion by a
Camp Pike court-martial.
Each of the four was sen
tenced to five years hard labor
and dishonorable discharge up
on completion of the sentence.
The four deserters after
being sought for several days
bv CTeburne, White and Con
way county officers surredered
to the Searcy home guards.
They said further evasion was
[futile and they did not want to
tight. They had discarded
their army rifles.
Other members of the gang
have state and federal court
charges pending against them.
-o—
NOTICE TO WHITE RIVER
TELEPHONE SUBSCRIBERS
The U. S. Government has
taken over all telephone com
panies and it will be necessary
for all to pay for the month of
August when the collector
comes on September 1. The old
accounts must all be settled at
once. We will be compelled to
take out all telephones unless
paid for monthly.
White River Telephone Co.
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I
A Business Opportunity For
a Progressive Man
We have for sale one of the best,
cleanest, newest and most up-to-date stock of
general merchandise that can be found for the
money. This stock is all new, having all been
bought recently and will invoice abont $8,000.
The stock consists of principally dry goods, and
some groceries included in stock. Right here
is an opportunity for some real live man to get
in business and make some money. If you
have considered going in business for yourself
you won’t have a better opportunity. Will
take good land as part or all of purchase price.
This won’t be for sale long. See
W. E. SELF, Manager
Newark Real Estate Co
t
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$
5!
£