The Aspermont Star (Aspermont, Tex.), Vol. 59, No. 50, Ed. 1 Thursday, August 23, 1956 Page: 3 of 8
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*S:
Thursday, August 23, 1956
The Aspermont Star, Aspermont, Texas
Page Three
lOOKIIVQ
BIG QUESTIONS IN
AGRICULTURE
One of the great questions be
(ore the American people is
what to do about Agriculture—
what Federal government policy
should be established on a per-
manent basis, what form of as-
sitsance, if any, should be
given through governmental
channels? For a long time, un-
fortunately, the problem has
been involved in partisan poli-
tics. Progress toward a solu-
tion which would protect the
we,'fare of the farmers and at
the same time be in the public
interest can only be achieved
when all of us have a clear un-
derstanding of the basic ele-
ments in the problem.
At Freedom Forum XVII,
conducted by the National Edu-
cation Program recently a t
Searcy, Ark., Roger Fleming, i
secretary-treasurer of the Amer-:
ican Farm Bureau Federation, j
discussed the pertinent elements
in the problem and then he J
gave some
points o f
Proposed Constitutional Amendment to Be Voted on at an
Election to Be.Held on November .6, 1956
■OUIIE JOINT RESOLUTION NO.
NMNlH M amendment to Section t of
Articl. Vlll of th, Conatitution of Teaaa
ea ea to provide that tho Coatmluion.ra
Court in each county ma/ lev? whatever
mum max bo neceaearjr for ■moral fund
purpoaee. permanent Improvamont fund
purpoaee, road and hrldce purpotM and
jury purpoM* to long ll the total of thm
tax ratae doc* not txcood Blchty Cent*
(80c) on the On* Hundred DolTare (1100)
valuation In anr ono (1) trw, and pro-
ay on a 15-day
:y brought into
ico totaled al-
1st year. Last
e Texas Liquor
awed 1955 col-
1, compared to
1954.
sroom bleacher
ed by Univer-
igineers. It is
from 15 to 25
e-up view of
ations.
State Library
ive Texas tax-
>ntiaf sum of
he Texas Re-
An extensive
by the League,
of the Library
:s continue to
state for recov-
paid under tho
gathering tax
'in a judgement
so Natural Gas
r in an Austin
se. It was one
mpanies which
without formal
vldinc further (hat tho Commleoionerc
Court akall not Impair any outatandlnt
kond* or oth*r oMItallona: pravldln, for
tho ntcoaury election and form of bal-
lot; and providing tor tho nweaiary proc.
lamatlona and paMkatleaa.
■I IT RBIOLVBD BY THR LRCISLA-
TURR OF THR STATK OF TEXAS i
3*ctloa 1. That Section «. Artlal* VII!
of tho Constitution of Iht Stat* of Tex*a
bo am*nd*d ao aa to hereafter r*ad *• fol-
Iowa:
"Section t. Tb* Stat* tax on property,
oxaluatv* of tb* tax nece ..ry to pay lb*
public dabt, and of the Mxea provfdaU for
tha benefit of the public freo achoola, aball
n*r*r *xa**d Thirty-five Centa l e| on
th* On* Hundred Dollart (1100) valua-
tion. and no county, eity or town aball
levy a tax rat* in ncm of Eighty Cent*
(SOcl on th* On* Hundred Dollar* illOOi
valuation in any on* (1) year for general
fund, permanent improvement fund, road
and bridge fund and jury fund purponea.
provided further that at tha tim* the
Commluioner* Court meets to levy th* an-
nual tax rat* for *ach county it ahall levy
whatever tax rate may b* needed for the
four (4) constitutional purpoa**: namely,
general fund. p*rman*nt improvement
fund, road and bridge fund and Jury fund
** long a* th* Ce*rt d**a not Impair any
outstanding bonds or other obligations and
so long as the total of th* for*golng tax
I evict does not exceed Eighty Cent* (ttOc)
on the On* Hundred Dollars (|10t) valua-
tion in any on* (1> y*ar. One* th* Court
has levied the annual, tax rat*, th* sam*
shall remain In fore* and effect during
that, taxable year; and th* Legislator*
may also authorise an additional annual
ad valorem tax to be levied and collected
for th* further maintenance of the public
roada: iirovlded. that a majority of th*
Qualified property tax paying voters of th*
county voting at an election to b* h*ld
for that purpoa* shall vote such tax, not
to *xoeed fifteen Cent* lit*) on the One
Hundred Dollar* 11100) valuation of the
property sukjeet to taxation in such
county. And th* Legislature may pass
local lawa for th* mainunanc* of th* pub-
lie roads and highway*. wltkout th* local
nolle* required for special or local law*
This Seotion shall not bo construed as a
limitation of power* d*l*gat*d to counties,
elite* or town* by any other Section or
Seetlon* *f this Constitution."
Sec. t. Th* foregoing Constitutional
Amendment shall b* submitted to a vote
Of th* qualified electors of this State at
an election to be held on the first Tuesday
after th* fint Monday In November, i«S6.
at which election all bellota shall have
printed thereon th* following;
'TOR -th* Constitutional Amendment
authorising the Commissioners Court in
each county to levy whatever sums may
be neceseary for general fund, permanent
improvement fund, road and bridge fund
and Jury fund purpose* eo long as the
totsl of these funds don not exceed
maximum tax rate of Eiuhty Cents (80c)
on the One Hundred Dollars (1100) valu-
ation in any one (1) year and so long a*
th* Court does not impair any outstsndinK
bonds or other obligation!
"AGAINST the Constitutional Amend-
ment authorizing the Commissioners Court
in each county to levy whatever sums may
tie necessary for general fund, permanent
improvement fund, road and bridge fund
and Jury fund purpoees so long ss the
total of thee* funds does not exceed a
maximum tax rate of Kiahly Cents iHOel
on the On* Hundred Dollars (1100) valu*
ation in any one ll) year and su long as
the Court does not Impair any outstanding
bonds or other obligations."
See. 1. The Governor of Texas shall
Issue the necessary proclamation for the
election and this Amendment ahall be pub-
Halted In the manner and'for the length
of time as required by the Constitution
and laws of this State.
important view-
~ w. his organization,!
which has a membership of 1,-1
600,000 farm families repre-1
senting a total of nearly 10,-
000,000 Americans. Mr. Flem-
ing feels that the viewpoints of
the Federation reject those of
most of the farmers of the na-
tion.
Too Much Production
"The agriculture problem," he
said, "is that our plant is too
big for our markets at home and
abroad. Currently our produc-
Proposed Constitutional Amendment to Be Voted on at an
Election to Be Held on November 6, 1956
fieds.
t in
'.ENATE JOINT RESOLUTION NO. I
repoelng an amendment t* the Conetlta<
tl*a of the State of Taxaa, amending Sao.
tion 48a, Article III of the Conatitution of
tha State of Texas, su as to authorls*
needed change* in and revision of the
Teacher Retirement System of Texna; pro-
vidlag that this section shall not amend,
alter, or repeat Seetlon M of Article 1« nf
th* Constitution of Texas as adopted No-
vember, 19S4, or any ensblii g legislation
passed pursuant thereto; providing for the
necessary election, form of ballot, procla-
mation, and publication.
BE IT RESOLVED BY THE LEGISLA-
TURE OP THE STATE OF TEXAS I
S*eti*n I. That Section 41a of Articl*
1(1 of the Constitution of the Stat* of
Texas be amended so as to read as follows i
"Section 4Si. In addition to th* powers
given the Legislature under Section 48,
Article HI. it shnil have the right to levy
titxe-i to establish a fund to provide re-
tirement, dlxnbllity and death benefits for
Persons employed in th* public schools,
^colleges and universities supported wholly
or partly by the State; provided that the
•mount contributed by the State to such
fund each year shall he equal to the aggre-
gate amount required by law to be paid
into the fund by such employees, and shall
not exceed at any tline six por centum
18%) of th* compensation paid each such
, person by th* 8tate and/or school districts,
and shall In no on* (1) year exceed the
sum of Fiv* Hundred Four Dollars
(tr.04.00) for any such person: and pro-
vided that no p*r*on shall be eligible for
retirement who has not rendered ten years
of oredltabl* service in such employment,
and In no cat* ahall any parson retlr*
befor* either attaining th* ag* fifty-
five (IS) or completing thirty ISO) years
of creditable acrvle*. but shall be *ntitl*d
to refund of moneys paid Into tha fund.
"Th* Legislature may authorise all
moneys coming Into such fund to b* In-
vented In bonds or other *vid*nce* of In-
debtedneea of th* Unlt*d Stat**, or of thl*
Stat*, or any county. *lty, school dl*trl*t,
or otk*r municipal eorporatloa or district
of thl* Stat*: or la well othtr securities
a* art sow or b*r*aftsr mar ha permitted
by Une as Invtetmaat* for tka Permanent
Ualveeoity Fund *r for tho Permanent
School Fund ef thl* Stata; provided af
aaffleknt sum ahall ha kept aa hand to
meet permeate aa thay became du* aach
year under *ush rotinmiat plaa, aa may
to provided by law; and provided that the
racipleate af euch retirement fuad shall
not be *llflhle for aay other Stata paaelen
retirement fund* or direct aid w th*
Stata of Taxaa, ualeae such othtfr State
panel** or retlremeat fend, contributed by
tka Stata, la released la tha Stata ef Texts
as a condition to receiving eucb other pti,
elon aid: providing, however, that this sec-
tion ahall not emend, alter, or repeal Sec-
tion (8 of Article 18 of the Constitution of
Toxae as ado) «l November, list, or any
enabling legislation paesed pursuant there-
to."
Sec. 2. The foregoing constitutional
amendment ehalk be submitted to a vote
of the qualified electors of this State at an
election to be held on the firet Ttimday
after the first Monday in November, IMfi,
at which election each ballot shall bave
printed thereon the following words;
"FOR the constitutional amendment em-
powering the Legislature to revise the
existing Teacher Retirement System and to
broaden the benefits to employers of ptio'.ic
schools, colleges, and universities supported
Vbolly or partly by the State, authorising
that the State's contributions for such pur -
poxes shall equal contributions by such em-
ployees and providing that they do nut e.t-
cecd six per centum t«?0 of the cor pen-
sation paid each auch employ.!* by the
State or acbool district or the sum of i-'ivu
Hundred Four Dollars (1504 001 for each
year for any such employee, regulntlng the
eligibility of such employees for retirement
lwnefits and prescribing th r manure of In-
vesting money accruing to the retirement
fund-"
"AGAINST th* constitutional amend-
ment empowering the Legislature to re-
vise tha existing Teacher Retirement Sys-
tem and to broaden th* benefits to em-
ployees of publie schools, colleges, and uni-
versitiaa supported wholly or partly by th*
Stat*, authorising that th* State'a contri-
butions for such purposes shall equal con-
tributions by sueh employee* - ami providing
that thay do not exceed tlx per cantut.i
(6%) of tha compensation paid *trh auch
employee by th* Stat* or achool district
or th* sum of Fiv* Hundred Four Dollsrs
(8804,00) for *ach year for any auch em- .
ployee, regulating tb* eligibility of su-h
employ*** for retirement benefit* and pre-
scribing tha manner of Investing money
accruing to tha retirement fund."
Bach votar (hall mark out ona of said
elauM* an tha ballot having th* ana *x-
preeling hi* vol* an tha proposed amend-
ment. If it appeal* from tha returne of
said alattlaa that a majority af tha vota*
*ut war* In favor af said amendment, tb*
sama ahall become a part of th* State Con-
atltutlon and ha effective from th* dat*
of determination of auch reeult and tho
Oavarnar'a proelamatlonjlheeeof.
Sac. I. Th* Governor of the State of
Taxaa la hereby directed to Issue the nee-
«*aarr .rraclematlen for aald-apeeial elec-
tion and (hall have the sam* published at
required by th* Constitution and lawa of
thl* State.
Proposed Constitutional Amend-
ment to Be Voted on at an Elec-
tion to Be Held on November 6.
1 M.
HOUSE JOINT RESOLUTION NO.
pr i Mln« Amendment to itotio* 11 of
Arlit'1# 1 ot thm Constitution of tho 8UU
if T«xm by adding o now ub«o?t(on to b#
iMigrotod m Hoction 11a. r«iatin| to donUl
•if bail to n pernon charged with • faloftjr
!*•« thiin oopital who hM bcon thereto for#
twico eonviotod of • f«tony; providing for
th# •ubmitilon of tho propoMd Amondmont
to vot* of t) « ptoplo and for proclama*
Mon and publication tharoof.
BR IT RK80I.VKD BY THB 1-KCISLA-
TURK OF THR STATE OP TRXAS:
Svction 1. That Sartion U of Artie la f
nf tha Constitution of tha Stata of Taxat
of amended by atMing ft subsection there-
to to ha known a« Section 11a and to read
aa follows:
"Section lift* Any person accused of a
felony leas than capital in this Stata* who
hss been theretofore twice convicted of a
fe!ony* tha second conviction Ixfing subse-
quent to the first, both in point of time
of commission of the offense and convic-
tion therefor may. after a hearing, nod
upon evidence substantially showing the
guilt of the accused* be denied bail ponding
trial, by any judge of a court of record or
magistrate in this State: provided, how-
over, that if the accused is not accorded a
trisl upon the accusation within alxty (60)
•lays from the time of his incarceration
upon such charge, the order denying bail
shall be automatically set *.iide. unlets a
continuance is obtained upon the motion
or request of the accused; provided, fur-
ther. that the right of appeal to the Court
of Criminal Appeals of this State ia a*,
preaaly accorded the accused for a review
of any judgment or order made hereunder."
Sac. X. The foregoing Conatltutlonal
Amendment shall be submitted to a vote of
the qualified electors of this Stata at an
election to be held on the first Tuesday
after the first Monday ia November* 196fi.
at whl.h election all ballota ahall have
printed thereon the following:
"FOR tha amendment to the Conatitution
of the State of Texas providing that a
court, judge or magistrate may deny ball
to a person who has been convicted of two
previous felonies."
"AGAINST the aassndmenl to tha Con*
stitution of the State of Texss providing
that a court, judge or magistrate may deny
hail to a person who has bean convicted of
*.wo (2) pfvious felonies."
Sec. .1. The (iovernor of Texas shall Issue
the necessary proclamation tor said election
and have the same published aa required by
the Constitution and lawa of this Stata.
Proposed Constitutional Amend-
ment to Be Voted on at an Elec-
tion to Be Held on November 6,
1956.
IIOl'SK JOINT KKM>L(.'TION NO. SI
proposing an amendment to Article III of
'he ('(institution of the State of Texas by
adding thereto a new Section to l>e known
ss Scctlon Sl-c, providing that the Legis-
lature may erant aid and compeniatiun tu
persons who have In-en fined or impris-
oned under the laws of this State for of-
fens** of which they are not guiltv.
UK IT RKSOI.VKI) BY THE LEGISLA-
TURE OP THE STATE OK TEXASs
Section I. That Article III of the Con-
stitution nl the State of Texas be amended
hy adding thereto another Section, to he
designated as Section tl-a. which shall
r «d ns follows;
'"Section Sl-c. The Legislature may
grant aid and compensation to atvy person
who has heretofore paid a fin* or served
a sentence in prison, or who may hereafter
pay a fine or serve a sentence in prison,
under the laws of this State for an of-
fense for which he or she is not guilty,
under surh regulations and limitations as
the Legislature may deem expedient."
Sec. 3. The foregoing constitutional
amendment ahall be submitted to a vote of
'h* qualified electors of this Stat* at an
election to b* held on th* first Tuesday
after th* first Monday In Nov*mb*r, 1956.
at which election alt of th* ballota ahall
have printed thereon the following!
"FOR th* Conatltutlonal Am*ndm*nt
granting power to th* Legislature to grant
aid anil compensation to person* who hav*
oald fine* or hav* served prison **nt*nc«*
under th* laws of thl* Stat* for offense*
of which they wer* not guilty" and
"4GAIMAT the Constitutional Amend-
ment granting power to th* La«lsl*tur*
to grant aid and compensation to persons
who hav* paid fin** or hav* **rv*d prison
sentence* under the laws of thl* Stat* for
offenses of which they wer* not guilty."
See. I. Th* Governor ahall iiaue th*
necessary proclamation for said election
and have the sam* publl*h*d a* required
bv the Constitution and lawa of thla Stat*.
Proposed Constitutional
SENATE JOINT RESOLUTION NO. 1
prepoeing an amendment ta Sectlan « -b,
Articl* HI of the Constitution of Texas, ao
ss to change the membership of the Vet-
erans' Land Board; so that the total
amount of bonds or obligations that may
b* Issued by the Veterans' Land Hoard
shall be increased to Two Hundred Million
Dollars (t200,0UU,000); providing for the
issuance of said bonds or obligations and
the conditions relating thereto and the
use of the Veterans' Land Fund, provid-
ing for an election and the Issuance uf
a proclamation therefor.
BR IT RESOLVED BV TIIP LEGISLA-
TURE OF THE STATE OF 'fwXAH:
S,atla* I. That Section 4*-b. Article III
of .tha Conatitution of Texas, be amended
ao that tha *am* will lier*aflrr read a*
follow*:
"beta O-h. Thrr* ta ha**hy created a
Board ta ha hnasrn a* tka V«t*rene' Land
Board, which ahall ha <twill< •'.the
Catamlaalaaer af tha StMll La ad Office,
•ad twa cittern* af tha Stata *h* ahall W
- with tha •<«
a tad br
appelated by the Oavemor
vie* and eaaetat af the Senate. Tha Oev
eraar ahall MeaniaHy appalnt ana auch
■amber ta eecre far a tarna af few wars,
with tka Initial appelates en i* to tha Board
leader thla aaetloa to be for terms at twa
aad (anr yaara. respectively, and all aahaa.
; apaalalment* ta ha according to pr >
a id thl* section. On* rush appointive
■ ahall ha wall veraed In veterans'
aad tha ether each appointive aa*a-
t ahall ha w*N yee**d la flaanee^^Th*
.■■liriaaar af tha Oeajral Land Oftlc*
ahall aet aa Chalrataa af th* Board aad
ahall ha tha administrator af tha Veurane'
Land Prtvraa trader aaeh tonaa aad re-
aa mar b* new *r h*r**fter pre-
law. tha aagaaaaatlaa for eoid
• wwlira AHf ha aa «*ed bl-
and each ahall mako band
I ta may k pr**crlbed by
the LagtalaUr*. Tha V*t*rena' Land
Baard may tans* sat to *sc**d Two llun*
ST MllflanJCra iMJd.OOO.POO. In
Sanda or obllgationa of th* Stat* of Texas
far-tha purpoa* af creating a fund <>■ be
known a* SeVet areas' Land Fund. Sjuch
hand* shell ha eseeuted by said Boord se
aa obligation of the Stat* of Teas*. In
aaeh form, denominntlcsil. and upun the
terme a* are new provided by lew ur as
a a
inUof Mtereet not to esceed three per
IW> >|e|f per annum, and th*t the sam*
' "ttd'lwwued'l far^y l*ee than per v*lu*
i.aale.ef aajt ■whjtoe
Amendment to Be Voted on at an
November 6. 1956
poration. Provided, however, th* portion of
th* Veterene' Land Fund not immediately
committed for the purchase of lande may
be Invested In short term United Stales
bonds or obligations until such funds are
needed for the purchase of land-. The In-
terest accruing thereon shall become a
part of the Vcternns' Land Fund.
"All lands thus purchased shall be ac.
quired at the luwest price obtainable, to
be paid for In ca*h, and shall bv a part of
the Veterans' Land Fund.
The lands of the Veterans' Land Fund
shall be sold by the Stsle lo Texas vet-
erans of the preeent war or wars, com-
monly known *a World War II, and to
Texas veterans of service in the armed
force* of III* United State* of Amerle*
subsequent lo IKtt. as may be Included
within thla program by legialetive Act, In
auch quantltla*, and on auch teraaa, aad
at auch price* and rat** of inlere*t, aad
undar such rule* and regulation* *s are
aow provided by law, or aa may
afl*r be provided by law.
"All monlea r***iv*d and which has*
„an received under th* Conelltutlen*]
Am*ndm*nt a* adopted by th* people of
Tesaa at tha ateetla* held aa Norembar U.
IMI, and which have nat bean isaed hr
rapurehaaa at land a* prarldad herein bp
th* Vttarana' Land Board frem the tola af
laada and far Intrreet an deferred par
menu, ahall ha credited to tha Vetajane
Land Fund for uaa in purehaMui addition
al lande to ha aald to Teaaa veteran* af
World War IL and ta Teaaa retorana af
aervice la tha araad fartaa af tha Ualtod
Stata* af Ameriaa aabeaauant to 1141, a*
may ha inelad*d within thta Proaram
legialatlve Aet. ia like ntaaaer ae pre-
cher
J23 ^ **L£UT«mm X?
S^dX^raJToMba varloua TO
Katlismant Fund*, th* Fariaanant Unlv
slip Fanda. and th* Farmanmt S*honl
V. 'i.. aualft hnnda to he |*au*d as
Vatoran*'
Lam
(n tha apinlon af th*
Board
"Th* Veterans' Land Fund shall he used
%. |h* Board for tha sola purpoa* of pur-
chasing lende aWtable for the purport
herelnaftar Mated, ailaated la thta Stale,
isxS.Jr^u;M,Tir-ss
by tha Teaaa Prtaan System, or any other
governmental agency af tha Stale af Teres
a* (a) awaed by aay ptraaa, firm, or cor-
elded far tha tola af land* purr baaed with
th* preeasd* from th* sals* *f th* hand*,
pravlttad far hereto, far a ported endlag
Draember I. IHt; jrirHii however, that
aai inurh of *u*M tooatab a* may ha aaam
aary during th* parted ending Praasnl
I. IMt. ta pay tb* principal al and inti
ret on the band* heretofore leeued and
•h* V*
band* hreraftee lasued by th* V etrrana'
Land liuard. ahall b* set asld* for that
purpoae After Drermbrr I, IMf. *11
munle* received hy the Veteran*' Land
Boord from the *al* nf th* lands and Inter-
act on deferred payments, or ao murh there-
of as may b* nreeeenry. ahall be art aalde
for tbe retirement of hor.ds heretofore
icaa*d and to pay Intrreet thereon, and
any of such monlea not ao needed (hall not
liter then th* maturity dale of th* last
maturing bond or bnnda he deposited to
tha credit of th* Generul Revenue Fund
to he appropriated to surh purpoa aa aa
may be prearribrd bv Isw All bond* hnuM
liii luadat shell, after approval by th* Al
tnrntr fl*n*ral of Trias, registration by
th* Comptrnllrr of Ih* Stat* of T*aas. and
deliver? to th* purehssees. be lneon|**tahl*
and shsll rcnslitutr nbllrstlons of th* Stat*
under the Conslltutinn nf Trvas Of the
tntal Two Hundred Million Dnllera t|200.
•00.0001 of bond* herein luthorUrd, th*
sum of Qnr Hundred Mllllnn hollars
11! 00 000,0001 has heretofore been Issued
said bonds heretofore Issued are heretn
In all retneeta validated and declared ta ha
ablloatlon* of th* Stale of Tea**
"Tha additional bonds herein authorised
may ha told In sorb Installment* a* deemed
ne****ary aad adviubl* hy th* Vetorana'
Election to Be Held on
Land Board. All monies rseeivad from tha
ssle of land and fur interest on deferred
payments on land purchased with the
proceeds of such additional bonds, shall b«
credited to the Veterans' Land Fund for
use in purchaiiirii; additional lands U be
sold to Texas veteran*. ** herein provid ed,
in like manner an provided for the sale of
lands purchased with the proceeds from the
sales of the bonds provided for herein, for
period endini; Derember 1. 11165; pro-
vided, however, that so much of such
monies as may be necesxary t< pay inter*
est on the additional bonds herein pro-
vided for ahall be set aside for that pur
|M>se. After December 1. I96S, all monies
received by the Veterans' Land Doard frpm
the sals of tha lands and interest on pay-
ments. or so mush thereof as may to nec-
essary, ahall be aet asldo for tha retire-
menl of sold additional tonda and lo pay
Intersst thereon, and any of saah monlea
__ shall nat later than the
maturity data of tho last maturing bond
to dspaaltod lo tho cradK af tto General
Reventio Fund
Fund to to aimstlalM la avail
aa may to pmsrltod to law.
amandment atoll to afNatlaa an
t January I. IHT."
Tto fiffaaist ConsUlotionat
Ml shall be eabaalttajd to a *ata
af tha aunNfled alsetsrs af thta.Btato at
th* (antral *te*tten ta h* h*M threugbsat
tha Itat* af Taaa* an tha tint Tuaaday
after tha ftret Header la Movamber, IN*,
at whteh election all haltete ahall hare
tha Amandmant to Saettea N-b
I* ni af tb* Osnatitatten af Tanaa
printed lharaaa th* f*itowing:
"TOR tl
*f Arttete L — -
to shang* th* mimhaishlp af tha Veteran*'
Laad Board; iniraaalng th* Vatoran*'
Land Fund br lltMM.Mhi MM toad to
b* uMdJfqr th* pare ess af yurehsstog laad
to Tanas to he aald to Tanaa isttoana *f
Wer Id War itnmtt tr. T i*a- tl itBia' if
earvta* hs th* Arm*d For*** *f the Unltad
State* af A mar la a aubnaquaat to INS. Saah
toads shall ha *ap*nd*d In naoeedane* with
Inrtrncttona and raaalraawata that may ha
provided hp law." j and
"AGAINST th* Amendment to Soetlea
«t-b ef Articl* III af th* Cooatltuttea af
Tanaa to change the membership af the
Veteran;' Laad Boned; InrrenilU* th* Vrt.
erans l^nd Fund by IIOO.OaO.Hg: aald
fund to be need far the purpose of parcha*.
lag land In Texas to b* (old ta T*saa vet.
rrana of World War II nnd to Tesaa vet-
erana af aerviee in the Armed Foreea of
tbe United 8tatan of Amerlcn aubaequmt to
l«tl .Such fund* ahall ha eapended In
nrtordnnre with inatrurttena and require-
ments that may be provided hy law."
If It appears from tb* return* af aald
etealten tKTa mstority eftherotre CMS
were ia fever af aald amandment. Jhe snnse
ahall besoms a part af tha Stat* Conatitu-
tion and he eftecUv* from the data ret
forth In aald amendment, andI th* Governor
ahnil Isau* a proclamation to heaping three-
*'gir. t. Should th* L«glsl*tare paas leg-
lalstion with regard tn thla amendment
prior lo Its adoption. It abnll not b* ln-
vslld bees use nf Its antklpetory n liire
Bar. «. Th* Oovamor of th* Stale of
Trias shall tare* th* nrcMaary proclama
Iten for aald election, and stoill have the
mm* nahllahed a* required hp tha ConsU
lotion and Lewd of thta SUta
live capacity, and our produc-
tion. is in excess of demand
both at home and abroad—about
(our per cent per year. One of
the things about tin- demand for
agricultura' products is that the
demand is% relatively inelastic,
cipectol'y so for some agricul-
tural commodities. A four per
cent increase in supply results
in a greater than four per cent
desrease in price.
"Add to that the fact that we
have had four per cent or
more too much for the last
severa.' years and it's piled up
in what some people thought
was a market, namely, the
Commodity Credit Corporation
It isn't a market; it's a store-
house and anything that goes in
and reduces supply one year and
raises the price one year, in-
creases the supply and reduces
price when it comes out, as
most folks have learned (and
those who haven't probably
will, because it's ono of the
stark realities of >'ife.)"
Cotton Example
"Now in the operation of our
various experiments with re-
gard to political manipulation
in the agricultural price policy
field, we've found there are
some things we should have
'known — for instance, that it's
awfully easy to price your
commodity out of the market at
home and abroad. There's no
more dramatic example than a
commodity that affects this
area (the South) and I mean
cotton. Because of government
cotton pricing manipulations, wi
Proposed .Constitutional Amend-
ment to Be Voted on at an Elec-
tion to Be Held on November 6,
195ft-
IIOI.'SK JOINT RESOLUTION' NO. tl
proposing an amendment 'o Article XVI.
Section I. of the Constitution of the State
of Texat. "hantfinir fhe form of 'he Oath
of Office to Include appointive officers of
BK IT ItESOfrVKD BY THE LRRISLA*
TURE OF THE STATIC OF TEXAS:
Section It That Section 1 «jf Articl*
XVI of the Constitution of th* Stat* of
Texan l e amended to her*af*< r read aa
follow* ;
"Section 1. Members of the I.efUUture.
ami all o'her elected officer*. iWor* the/
•nter upon the dutiea of th*ir ufficea. ahall
'ake the following Oath or Affirmation .
"I* do solemnly
n*.v s«r (or affirm), that I will faithfully
execute the duties of the office of
of the State of Texas, and
will to the beat of my ability pr*aerve.
protect, and defend the CoimtituUin ami
laws of the United State* and of thl*
State, and I furthermore solemnly swnar
'or affirm), that I have not directly nor
indirectly paid, offered, or promised to
pay, contributed, nor oromlaed to contrib*
ute any money, or valuable thing, or prom-
iaed any public office or employment, aa a
reward for the giving nr withholding a
vote at the election at which I waa el«*ct.
ed So hel > me God."
The Secretary of State, and all other
appointed officer*, before they enter 'iiwn
the duties of their office*, nhall take the
following Oath or Affirmation :
"I* do aolemnly
sw«*ar (or affirm), that I will faithfully
execute the duties of the office of #
of the State of Texas,
and will to the bast of my ability preserve,
protect, and defend the Constitution and
law* cf the United States and of this
State; and I furthermore solemnly swear
lor affirm), that I have not directly nor
indirectly paid, offered, or promised to
pay. contributed, nor promised to contrib-
ute any money, or valuable thing, or prom-
ised any publie office or employment, a* a
reward to secure my sppointment or the
confirmation thereof. So help me God."
Sec. 2. The foregoing Constitutional
Amendment nhall be aubmitted to a vote
of the qualified electors of this Stata at
an election to be held on the first Tuea-
dsy after «he first Monday in November.
19GC. at which election all ballots shall
have printed thereon the following:
"FOR tha Canslltntlanal Amandmant
providing tha form of tha Oaths of Office
for elective and appointive officers af the
State."
"AGAINST the Cenetltvtlanal Amend-
ment providing the form of the Oaths of
Offlca for elective and appointive officers
of tha Stata."
Sac. I* The Govarnee of Texaa shall
issue the necessary proclamation for tha
election and thie Amendment ahall be pub.
liahed aa required by the Constitution and
laws of this State.
Proposed Constitutional Amend-
ment to Be Voted on at an Elec-
tion to Be Held on November 6.
1956.
IIOIJSK JOINT RESOLUTION NO. II
pr*ta*ln( an amendment t* Articl* I of tb*
Conatitution of th* Sute of Texae by adding
thrretu another aection, to be declimated *
S*«-tion 15-a, requiring mrdiral or paychUt-
ric testimony for commitment of peraon*
nf unbound mind, and authoriainx the Uk-
iidnture to provide for trial and commit-
ment of uch i erAou* ami for waiver of
trial by jury uhere the person under In-
quiry has not been charged with i-.immi-
•.ion tif a criminal offenne.
ItK IT RKSOLVKD IIY THB LECISLA-
TURK OK TIIE STATU or T"r.\8:
Section I. That Articl* I of the Conati-
tution of the State of Teaaa br and the
• ame ia hereby ainended by adding another
aection thereto followinf Section 1ft. lo hi-
ileeinnated Section Ift-e. to read aa follow.:
"Section Ift-a. No peraon ahall be com-
mitted aa a peraon of unaound mind eacet>t
■in competent medical or peyehiatrk t**ti-
■aony Th* L*«lalatur* may enact all lawa
neceeaery to provld* for the trial, adjudica-
tion ot Inaanity aad commitment of per-
aona of unaound mind and to provld* for *
aefthod of app*al from judgment* randan il
in auch caeca. Such law. may provide for a
waiver of trial by jury, in caaee ekera th*
peraon und*r Inquiry hit* n*t km charted
with th* iiflwlaa *f a criminal afftaaa
br tb* concurrence *f th* per*** under
inquiry, er Ma ne«t ot kin, and attorney
ad litem appointed br a Jud«o of either
the Couatr or Prohoto Court *f th* county
aim tb* trial la h*4«f kdi m4 aholl
provld* for a mHhad of aaavlaa of notin*
ef euek trial upon the pareea under in-
quiry and of hla r%bt to demand • trial tv
fury."
See. t. Th* fora«otnc Co«*tlt*il*a al
Amendment ahall he euhmltud to a *ut* af
th* qualified *l*at r* at thla M*M at aa
*l*ef Ion to ha heM dwaiteat the Mate **,
th* flrat Tumday after «* fw*t Moaday la
Navemhar, INd. at <rht*h alattlen all hoi-
lot* ahall ha** printed thaeaaa t
"Poa tko Ciaitllallmil hmtmtmm1 pa-
qulrinf medical taetimiey f*r lammltmeat
of pereana af unaound mind. *ad_aothor-
laln« tka Laqlalatur* t* proelda for trial
and eommltm*nt of nrh paraoa* nnd far
walv*r of th* rlakt of trial hy Jury hy
a peraon alt*«*d to h* *f uneound mind
or hla neat af hla. and hla attorney ad
litem.
"ARAINIT the Oaaatttotloaal Amend-
ment requiring medical teetimony tor *om-
mitmant of p*non* of unaound mind, and
authoring th* Leglelatur* to provide for
trial and enmmltmmt of auch percona and
for waiver of the right of trial by Jury
by a pereon alleged to he of uneound mind
nr hla n*at of hln. and hla attorney ad
have invited dramatic expansion
in synthetic production at home;
we have invited expansion of
synthetic production abroad, and
production of ruw cotton abroad,
to the point where as of to-
day, unless we do differently
than we're doing, this great
export commodity will have lost
its total export market within
two years.
"And so these efforts, sin-
con; efforts iti most cases, to
try to do something about this
problem have created some
other problems that may be
at least as-difficult as the one it
was designed to solve. In ad-
dition, as we have tried to cut
down the production of certain
commodities, we have increased
the production on the diverted
acres of other commodities, and
so start chasing acres and we
start invrt'vinjr more and more
people in a never-ending circle."
Two Stem
The nearly
Bureau families
ini r "Stnrtinu
are, with the
tween nine and
2,000,000 Farm
are recommend-
from where we
problem of be-
10 billion dol-
ognizing that we can't do that
as fast as we would like to.
Secondly, we are in favor of the
soil bank approach, to try to
restrict the total agricultural
p'ant, not just a few acres of a
few crops—so that production
is in balance with current con-
sumption."
Mr. Fleming made it clear
that the "soil bank" was an
"urgency" temporary measure.
The long range so'ution is a
gradual return to the economic
law of supply and demand in
agriculture' — with government
manipulations diminishing and
finally ceasing altogether.
CHLOROPHYLL
FOAM IN SOUS
Knp Ymil feet...
Alt-COOLIDI
Alt-CHSNIOHIH
tlK-VINTIlATtH
tor frcth, cool,
dry comfortable
feet, wear
M'tefatad Una
frScho/fc
ftWO-WI
George C. Kenody
BUY - SELL - RENT with o CLASSIFIED
Proposed Constitutional Amendment To Be Voted on
at an Election to be Held on November IS, MM
ately preceding th* application
lars of surpluses in the Com-
modity Credit Corporation, with
our agricultural plant expanded
as it is, we are in favor of do-
ing two things: No. 1, to the
best of our ability, expand mar-
kets at home and abroad, rcc-
Subscribe to
THE
ASPERMONT STAR
Ht*m.'
Rarh rater dftl
cleueee on th* UM, tearing th* on* **-
arratrh aMaMaf aald
prmalng hi* rot* on th* propaaod amend-
ment. In roontlea or oth*r eubdivtolon*
ualng voting machine* the above prorialnn
for voting for and agalnat thta Conatltu-
tlonal Amendment ahall he placed on aald
machine* In auch manner that eaeh voter
■hall vote on th* machine for ar agalnat
the Conatltutlonal Amendment
Hot. I. Th* Oovornor of th* Mill nf
Twa* at " *
tlon for
pahlhnted _ _
and law* af thla State.
i. Tha Oovornor of tko matt nr
ahall lee** th* nereaaary proclama- ' "*]
or aald ateMoa and hav* tit* asm* f""
bed aa t*qtilted hy tko Conatitution '
iwa af tkla State. V,
$2.50
IN
STONEWALL AND AD
JOINING COUNTIES
$3.00
ELSEWHERE IN THE
UNITED STATES
■OUSB JOINT BKSOLUTION NO. M
irepaekf aa aemliaeat to Article III « |
Uw Coaetliutlon of tbe State of Teaaa* by
edoptiar a aew Section to be known ae
Section H b, flvlnc tbe Le«ielaiare the
power to provide, under «ueb limitation*
■nd reetrlctloiiM an may be deeBMd by tbe
l.effi«l*ture eapedlent. for aa«i«tance to
needy individuals who are cltlaene of tbe
United Stetea. * hn are more than eiirhteen
• 181 yeara of agt and Icae than alxty.flve
• yaara of aire, who are permaneatly
and totally disabled by reason of a men-
tal or physical handicap and not feasible
for vocational rehabilitation, who are real-
4ertta of the State of Texas, except that
the Individuals who are receiving aid for
tbe permanently and totally disabled may
not, durlni the same period of time, re-
ceive Old Ace Assiatanee. Aid to the
Needy Blind, nr Aid to Dependent Chil-
dren, or be resident in any completely
Sta*e supported institution: providing that
the Le*ialatu e shal* havii the authority to
accept from the Government of the United
States financial aid for the permanently
and totally diNabted individual*!; providing
that the amount paid to any individual
may not excecd Twenty Dollars <|20) a
month out of State funds and may never
exceed the amount paid to that individual
from Federal funds; providinR that the
amount paid out nf State funds for as-
sistance payments shall not exceed One
Million. Five Hundred Thousand Dollars
<$1,500,000) prr year; providing for the
<iec«isary proclamation, publication and
election.
BE IT RBSOLVKD BY THB LEGISLA-
TURE OP THE STATE OK TEXAS:
"Section 1. That Article III of the Con-
atitution of the State of Texas be amend-
ed by addinr thereto a new Section to be
known as Section ll-b wbicb aball road aa
fol Iowa:
Section Sl-b. The Legislature shall hava
tbe power to provide by general lawa,
under eucb limitations and reetrictiona aa
may be deemed by tbe Legislature expe-
dient. for aaaletanee to needy iadleldaale*
who are cltlsens of the United Statee. who
shall bave paaaed their eighteenth (18th)
birthday bat have not paesed their sixty-
fifth «Sth) birthday, who are totally and
permanently dieabJed by reason of a men-
tal or pbyalcal handicap or a combination
of phvaleal and mental handkape and aot
feaalble for vocational rehabilitation, and
who are residents of tbe State of Texaa.
who bave rpalded in this Staite for at
laaet oaa (1) year continuously imtiedi-
bave raalM ia tka State far at laaat
additleaal flea (ft) yaara duriag tfca .alaa
<•) yaara imasedlately preceding tk$ im-
plication for asaiatanaa; and paavMM
further that aa individual shall ratlNft
assistance under this program for ikm par-
msnently aad totally disabled iuriaf ny
period when be ia receiving aid a#a tth
aistanoe, aid to tbe needy bTiad, ar aM H
dependent children* aar while be to "
ing permanently In aay comptataiy .
supported inatitutloa: and provided
tber that, not mora than Twenty Dai la
(820) a month out of State funda aaay to
paid lo any individual recipient; and ara-
viUetl further that tbe amount yald out af
Sta • funds to any Individual aMif aavar
exceed tbe ameaat paid la thai iauMrMMl
out of Federal fanda; and provided turthm
that the amount paid out of Stela turnSt
for aaalstance payments aball nat mom$
One Million. Five Hundred Tboueaa4 DS
lars (81.800,000.) par year.
"Tha Lsglslatare ahall have tha aatf
rlty to accept from the Government of tha
United Statee auch financial aid for indi-
viduals who are permanently and totally
diss bled as that Government may offer not
inconsistent y.*itb tbe reetrictiona berate
provided."
Sec. 2. The foregoing Constitutional
Amendment ahall be aubmitted to the elec-
tors of the State o/ Texaa on the so
Tuesday in November. 1986. at which
tion there shall be printed on the
the following clause:
"FOR the Amendment giving the Lmb
lature the power to provide for aseiataaatf
nat to ascend Twenty Dollara <810) a
month out of State funds far aaeh nsa#
Individual, eighteen (II) years of ago aa
older, who is a reeident of tho Stata at
Texas and who ia permanently and tatallp
dlea bled by reason af hla awatal or phyalaa#
handicap."
"AGAINST the Ameadmsnt giviag da
Leg ia lature the power ta provide for aa>
sistance not to exceed Twenty Dallara (Mb
a month eat df Sute funda for each naadp
individual, eighteen (18) yeara of aga ar
alder* who ia a reeident of the State ef
Texaa and who la permanently and totally
dieabled by raaaoa af hie menial or physical
handicap."
8*r. i. PROCLAMATION. Th* Uo*
ernor of th* State of Teiea ahall iaaao
th* nee—aary itroclaawtim for aa *leottak
aad hav* th* aam* puhli*h*d aa raaaind
hy th* Cbnatltatlon and Lawa of tha Stated
Proposed Constitutional
Amendment to Be Voted on .it
November <•> 1956
an Election to Be Held on
HOUSE JOINT RESOLUTION NO. II
prepeaiag an amendment to the Constitu-
tion of the State of Texas by aasending
Article VII. Section-* 17 and 18* providing
a method of payment for the construction
and equipment of buildings and other per-
manent improvements at State Institutions
of higher learning and repealing Chapter
330. Aeta, Regular Session. Fifty-third
{legislature; anil proposing an amendment
to Article VII of the Constitution of the
SUte of Texas hy uddlng a new section
after Section 11 thereof \o be designated
as Section lis, providing for the improved
support of The University of Texss nnd
the Agricultural and Mechanical College
of Texas frotn a source other than tax
revenue by providing for the broader in-
vestment of the Permanent University
Fund in corporate lwnds and stocks under
certain conditions and limitations; pro-
viding for an election and the issuance of
a proclamation therefor.
HK IT RESOLVED BY TIIE LRGWLA-
TUItB OF THE STATE OF TEXAS:
Section I* That Sections 17 and IK of
Article VII of the Constitution of the
Stste wf Te*ss be amended so aa to here-
after read si follows:
"Section 17. In lieu of the State ad
valorem tax on property of Seven
(7<M on the One Hundred Dollar ($1^'
vaiustion heretofore permitted to be levied
by Section Q1 of Article 3, as amended,
there is hereby levied, in addition to all
other tax permitt *d bv the Constitution
of Texas, a State ad valorem tax on prop-
erty of Two Centa 1) on the One Hun-
dred Dollars ($100) valuation for the pur.
poee of creating a apeelal fuad for the
continuing payment of Confederate pan-
alone ea provided under Seetlon II* Article
I. nnd far the eataNlahment and eonUaued
maiateaeaee af the Sute Building Fua«l
ae prevlded ia Sertion lib. Article 8* of
the Conatitution.
"Alan* there ia herfhy levied. In **lltlaa
ia all other Usee permitted hy the Con-
stitution of Texaa. a SUte ad valorem tax
on aroperty of Five Cento (J*) on the One
Hundred Do *re (8100) valuation for thb
purpaee of creating a apeelal fund for the
purpose of acquiring, constructing and
initially equipping bulldlnge. or other per-
man en t improvements at the deMgnaien
institution!! of higher learning, and the
covernln* board of aaeh of aurh Inatitu-
tiona of hither loemltiit ia fully * <hor-
iae.1 to oledce all or any part of aald
fund* allotletl to au<-h ln lilutlon aa here-
inafter iirovlded. U> aer lire bonda or notee
Unue.1 for th# purpoM of aciuirln*. eon-
itrnetin* and initially equipplnii aurh
tniil.ltn« r other permanent Improve-
men'i ai l reipeetlve in .lilutlotn. Such
lmnil.4 or nolei* ^hall l>e i.iiie*l in auch
■moii.ti 1.1 may lie delernilrteil hy the trov-
erniriK l > rjs of ald respeeilve Inntito-
tiopn. h«ll l - r in terra1 not to exceed
three per rent it'. I per annum and nhall
otaiur*- .eriali>' or otherwise not lalvr than
September 1. l ii*. and Septeinlier I, !#7K.
r**.peeiivvly; tiniviiieil, the power to innue
biinita or note, hereunder ia eapreaaly lim-
ited to a period of twen(y(2Ui yeara from
the effective date of thl« amendment; and
provided further, that the Five Cent (M)
taa hereby levied ahall eapir* finally upon
payment of all bond- or notea hereby auth-
oria*d; provided, further, that the Stat*
tax oa property aa heretofore permitted to
h* levied hy 8*eti** • of Artlel* VIII, aa
aOMadfd. eieluclve of th* taa ne**a*ary to
pay Uw public debt, and of th* ta>*e pro-
rldad for th* haneflt of the publie free
or boot*, ahall nc«er aaeaed Thirty CenU
iNfl at tha Oaa Handrad Dollar, ill**'
' valnatie*. All baa da ahall h* namlned am
W tk* Attorn** Oeacral of th*
T*aaa, and when ao
Stat* ot T***a, and —
Ml ho laaanfUhli; aad all *■*>«■ ed
haa* ahall ha l*Bt.t*i d hi tk* ofTI** ot
th* C—«*tr*ll* ot PohHc Ae*o*ata ft Ik*
■tat* af Tarn*. Bald band, ahall b* **ld
' thr**fh eamcetltlee hid* aad aball
ha aald far laa tha* their par voluo
a ■■■■ ■ S .Mdaaaai
"Paada ratead frean oald Ft** Oaat (Id I
taa toey far th* t—■g*ar pcrM beaianin*
M ha aNaaatad be tha
anta af tka
laaoarr I,
INd. ahaN ha aUacatad
ot FoMIc Aeeoont*
Mat* ot T*aa* aa Jm flrrt ot that year,
hand *a th* Mtitid l*a« *al*a ft.lt-
Mm* aUadeat aaolnbat *aralla*M« (flf-
MB fill iitawf ma hear, ahall eon-
■Me aaa hll-tlwi* atapii t) far tha -pro-
eaBaa fl < rear perM ot tta*. to Ik* M-
tomtom Stat* latltatlial *f htohar lean-
la* «h*a la **tatcnrc. to wit!
Teaaa Stat* Oaltac* far Women at Dra-
in : Te*aa Oallec* ot Arte aad Indaatrlaa
at Kin*.villa; Texaa Tachn*hwtcal Colter*
S**t Tna. Mute Ti
Col leer at deoueeree: Narth Twaa Stata
Collece at Dntna; Sam HotMton Stat*
T**eh*ra foil*** at Hnatavtll*; Routhweat
T*aaa Hut* Te*rh*ra Ooltac* at flan Mar-
oaa. Stephen V. Anatln ittatr Collettr al
Nero* dee bee 8*1 Moaa flute College at
Alpine: Weat Teaaa flute Collece at Can-
yea; Teaaa Aoattiern Unlr*r*lty *t Mo**.
t*n l^m.r HUU Collece of Teehnolocy
at Iteauawnt
-Net later than Jaaa IM of the he-
■Innine year of caeh eutreedln* ten-year
period, th* Comptrnllrr ot Public AecounU
of th* Stat* ef T**a«, boaad oa th* aver-
credit hours ahall eonatltn^e one foll4lme
student) for the preceding five-year period
of time, ahall re-allocate, to tha above-
d reign a ted tnatltutkme af hlfhar learning
then fn existence, all fanda to be derived
fmm is Id Five Cent (•<) ad valorem tax
for said ten-year period; and all auch dea-
irt-fed inatitu* Ions of higher learning
which partltlpnU In the allocation or re-
nidation nf aaeh funda ahall not thrr*.
after receive any C.eneral Revenue funda
the acquiring or aanatructlng of build-
or other peewmnmt HRtHtmtMatt far
which aaid Five Cent (Sf) ad valerom tax
ia h«?rein provided, except in case of fire*
flood, atorm, or earthquake occurring at
any such institution, in which case an
appropriation in an amount aufflclcnt to
replace tbe uninsured loss so incurred may
he made by the Legislature out of any
General llevenue funds The Sute Comp-
troller of Public Accounts shsll drsw all
necessary and f rot «r warrants upon the
State Treasury in oiftler to carry out the
pur?tone of this amendment', and tbe State
Treasurer Mha;l pay warrants <> intufd out
of the special fund hereby created f« r said
purpose. This amendment ahall b*« self-
enacting; provided, howevor, it shall pot
bec<im operative or effective upon I t e
atlotition no ni to supersede or repot! the
former provisions of this Sertion, but hall
become ao operative and effective on Jan-
uary 1. 1958, provided, further, that noth-
ing herein shsll be construed an impairing
the obligation incurred by any outsUndlng
notes or bonds heretofore issued by any
State institution of higher learning under
this Section prior to the adoption of this
amendment, but such notes or bond* shall
be paid, both as to principal and interest,
from the fund as heretofore allocated to
any such institution under this Section,
nor shall the provisions of this amend-
mrnt affect in any way the prior all'wa-
tion of the revenue for the ten-year period
beginning January 1, llMfl, aa heretofore
authorised bv the provisions of ^eetion 17
of Article VII of this Constitution aa
adopted August 23. 1M7. Chapter JH0,
Acta. Kegular Session, Fifty-third LegU-
lature is repealed upon the effective date
itf this Amendment; but the prlnripsl and
•Interest doe on any obllgationa incurred
by tbe governing boarda of Lamar State
Callage of Technology at Beaumont aad of
Tasaa Southern University at Houston un-
4mr the arevleiena of aaid Chapter 880
prior to ita repeal ahall be paid from the
ellacatiaaa U Lamur State College of
Technology and Tevaa Southern Ualveeslfv
from the funda raiaed by tbe Five Cent
(§<*) ad valorem tax levy ea provided in
th«a Section, and the annual allocations
tbeae Institutions under this Section shall
be first devoted to current requirements
for meeting sueh obligations In accordance
with their terma.
"Sec tie a 18. For the purpoae of con-
structing. equipping, or acquiring buildings
or ether permanent, improvements for the
Texas Agricultural and Mechanical College
Syateru. including the Agricultural and
Mechanical College of Texas at College
Station. Arlington State College at Ar-
lington. Prsirie View Agrlcultursl and
Mechr.ni<*sl College of Texas at Prairie
View, Tarleton State College at Stephen-
ville. Texas Agricultural Experiment Sta-
tion*. Texas Agricultural Extension Serv-
ice. Texa* Engineering Experiment Sta-
tion. at College Station, Texas Engineer-
ing Extension Service, st College Station,
and the Texas Forest Service, the Hoard
tif Director* of the Agricultural and Me-
chanical College of Te«aa Is hereby auth-
orised to Issue negotiable bonda or notea
tiOt to' exceed a toUl amount of one-third
<) of twenty per cent (20%) of the
value of the Permanent Unlveraity Fund
exclusive of real estate at tbe time of any
Issuance th« riof. provided, however, no
building or other permanent improvement
shall lie acquired or conatructed hereunder
for use by any part nf The Texaa Agricul-
tural and Mechanical Callege System, ex*
eept at aad for the uae of the general
academic Instltutlona of aald System,
namely, the Agricultural and Mechanical
Callage af Tesaa. Arlington SUte Callage.
Tarleton State Collage, and Prairie View
A. and M. Collate* without the prler ap-
proval of tha Legia lature ar af auah agency
aa may he autheriaed by the Leglalature
to great auch approval; and far tha par*
poee ef eanetrueting. eauippiag. ar aequlr*
lag buikUage ag ether peraeeaeat Im*
pro em en ta fee Tha Ualveraity af Teaaa
System. Including the Mala Uafeefoity of
Taaaa at Auatla* Urn Ualvavnity af Teaaa
Mediae) Breach at Getvaoftea. Tha Oal-
varaMv af Tsaas Senthwg^srii Madlaal
School at Datlaa*'4fW UnltanHr ef Tsaae
Deatol Branch at MawKm. Taxaa Western
Callege af The Ualrarsitp af Taaaa at ■
Paaa, Tha University af Teaas M. D. An-
dsrson Haaoiul and Ttian laatltute at
Weualea, The Ualvaraity ot Taaaa Peat-
gradaate Ac heal af Medicine* Tha Unl-
veraity af Ibiaa Bshsal af Pahlls Health.
Mc Dan a id Oheervatpry at Maant kasha,
and the 8farlaa Balenee Inatftate at fort
A ranees, thj laaw af Bagmta af Tha unl-
veraity af Tesaa Is hsiahg authorised ta
leaue navatlaMe bsnda aad aetaa nat to
exceed a totil amaaat of twmthirda (
m
conjtrutftinr of buildinga or other
uent improvements, except in case af |
flood, storm, or euithquake occurring
any sueh institution, in which caar am
uppixiprixtion in an amount sufficient ta,
replace the uninsured loaa s«j incurred map
be made by the Legislature out of Ceueral
Rfvenue fur dr.
"Said Bostds ar« sevrrally authorised ta
ple<lgf the whfdf! or any part of ^tbn m
H?M*ctivf intent-'s uf the Avrieulliiml andl
Mfihanical Culhnte of Texas nnd af The
University of Texas in the income fiwn Mao
Permanent University i'und. as auch in-
terests arc now apportioned by Chapter 41
of the Af«*.s of th>' Ri'tfulur S««ssion of tha
Furty-accond legislature of the State of
Texas, for the purjKipe of securing1 the pay-
rnent of the principal and interest of auch
bonda or notea. Hie P. imaru nt Univeraltp
Fund may be invested in such Ixmda or
notes.
"AU bonds or notes issued pursuant hnra«
to ahall be approved liy the Attorney Gear
eral of Texas and when so approved ahaM
he incontestable. Thla amendment ahall hh
self-enacting and ahall become effective
January 1, 1*6*: provided, however* that
nothing herein ahall lie conatrued ns io^
pairing any obligation heretofore created
by the Issuance of any outsUndlng notgft
or bonds under this aection by the respao*
tive Hoards prior to the adoption of thla
amendment but any such ouUUnding notea
or bonda shall be paid in full, both prill*
clpal and intoreat. in ancordance with tha
terma of auch contracts.**
Sec. 2* Tint Article VI! af the Consti-
tution of the State of Texaa ahall ha
amended by adding after Section 11 therm
of a new Section to bendmignaUd fallst
lis* which shall read as follows:
bjeet to aparoprle*.
to aceoaipUsh tha
rtlon 10 of Artlcla
nf twenty par cent (10%) of tha value af
the Permanent University Fund esc I naive
of real eaute st the tlaa af any lasnaaee
thereof; provided, however, no building or
cither permanent improvement shall he ac-
quired nr eons true ted hereunder for uae hy
any institution of The University af Texas
System, except st sad for the use af tbe
ffenersl academic Institutions <nf aald Sys-
tem, namely, the Main University nnd
TSxaa Western College, without the prior
approval nf the Legislature or of such
acency as may he authorised hy the Legis-
lature ta grant aurh approval Any bonds
ar antes Issued hereunder shsll be psyahle
enlsly mat af the meows from the Parma-
neat University Fund, floods ar notes so
issued shall mature serislly or otherwise
not more than thirty (80) years from
their respective dates.
"Tha Teaaa Agriraltaral and Mschsnlcal
College System nnd nH of fhe institutions
const) tut ini
enumers
System,
constituting such S'yattm as hensintlwve
enumerated, shall not, after the effective
dste of this Am- ndrnent. r« eeive sny Gen-
eral Revenue funds for the scquiriag cr
nyaiem ann an of tne institutions
it ing such flystam as herrlnebove
atad. and Tha University nf Tasas
and all of the Institutions
I la. In addition to the
now enumerated in Section 11 of Artisia
VII of the Conatitution of tbe Stata at
Texaa. the Permanent University Fund I
be invested in first lien real aetata Ml
gage eccorities guaranteed in any maaaaT
In whole by the United Statea floVtmmaSl
or any agency thereof and in auch dgp
poration bonds, preferred stocks and ceaa-
mon stocks aa the Board ef Kegenta ot
The University of Texaa may deem la ha
proper InvestrnenU for said fuad; and tha
interest and dividanda accruing from tha
securities listed in Section 11 snd Section
Ua, except tbe portion fhereof which ia
appropriated by the operation of fl
18 of Article Vll for the payment of |
cipal and interest on bonds er nates
thereunder, shsll be subject to
tion by the Lsglslatare
purpose* declsred In Section
Vll of this Constitution. In making _
and all of Much investments said Board af
kegents iihall exerslsc the judgBMMtt sm|
rare under the circumstances then prevail-
ing which men of ordinary prudence, die*
oretion, and intelligence exorcise In th*
management of their own affairs not la
regard to st eculatlon but in regard to tha
permanent disposition of their funds, con-
sidering the probable Jncome therefrom aa
well as the probable ssfety of their capital!
provided, however, that not more than fifty
per cent (60%) of said fund shall ha la-
ves ted at any given time In corporate
stocks and bonds, nor shsll more thaa Me*
per cent (1%) of sold fund be invmted Ife
securities issued by aay one (1) corpora-
tion, a or shall aiore than five par asM
(8%) af the anting stock of any ana fth
serporatloo be owned; and provided, far-
ther, that stocks eligible for pureheae dhitt
be restricted to stocks af companies Insatr
porated within the United Statas which
have paid dividends far tea (10) aaasasi
tiee pears ar longer Immadlatsly prler te
the date of purchase snd which, except far
hank atashs aad lasumnee stocks, are Ihtal
apaa aa exehange rsglstarad with tha 8a
eurlUea aad Bxchang* Oammlsslsai ar lib
sea a am am. This eiesedmeet sh#H l grff.
seeetlag, and ahall haasms effasHaa name
1^ ^ akm* d^A
aaa ne^psesn, pivt^ms, wwsfwi anas saw
Laatalatare chall arc vide br lav tor M
dMaaara ot all dataWa aaanrahm tha lap
iala h hi aar**raw Ma*Ita aad heath
aad attar lavotaaata aathorlaad hwala."
S*e. i. Uw Ihr^alaa (*iaolllattw
Ataandaaaat ahall ha artwlttod la • ot
of th* coatlftad etaetar* al tM* Daht M l
Oeaeral Bcatlaii la ta held aa tm
Taeadar after the flrat Meodar St No
her. AA INd. at which election all
•hall have *rlaled tharaun t
-TO! tha Aweadwaat ia Artirlo Tit af
th* Oaaatltetle* af Ihr Htala of
aawadlac Saetloaa IT and
vidlaa a method of oartamt
.trwrUon aad e*ul aiaat af han—i aaa
' at State
o a rue t* tii ac
lata af Ttp S
It thereof. *1—
mt far uw otm-
Teaaa Sntaat aad tha Tnaa
and Machankal Oaltev* IrMaa
lain* the InreaUnant of th* Permanent I
voraltr Pond in camoratr hoada and at.
under certain coadltloaa and llmltaMotw.
"AOAINHT the Awandwaat ta Ar
VII of tbe Cnnatlttttlon of th* Stat* of
aa br amending Seetlena IT and It T
providing a- methad of pafawnt
esnatruetlo* and ***l**t*at af I
addln* a nav aaetloa Hnrila ta ha
naiad aa Reetlen Ita.
' af "
Teal* Byetcm and tha Tecea A
and Machankal CdllaM Siahtia I
lain* the Inncclmcat- of the 1
Unlveraltr Pond in tormtH I
■tain eewdttl***
■vrrnor *hatl It*** the tt*a>
•on for aald aaetloa and
itneka under certain aondlllono
tfction,."
Sac. I. Th* Oovemor ahall
eeearr nraelama
OonctMutloa and law* af
'«hL
;iiR
in
si
m IHII HhSHHUI
■■■■
J
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Welch, Lowell C. The Aspermont Star (Aspermont, Tex.), Vol. 59, No. 50, Ed. 1 Thursday, August 23, 1956, newspaper, August 23, 1956; Aspermont, Texas. (https://texashistory.unt.edu/ark:/67531/metapth136256/m1/3/: accessed May 1, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Stonewall County Library.