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Newspaper
Butler Herald
Location
Butler, Georgia, United States of America
Date
May 08, 1941
Page
8
A proclamation by Governor Eugene Talmadge announces a constitutional amendment to authorize Calhoun County to issue Funding Bonds to retire warrant indebtedness and then operate on a cash basis, prohibiting future warrants, with bonds repaid within thirty years and funded by annual taxes. The plan requires a two-thirds legislative vote and voter ratification at the June 8, 1941 general election.
Governor Talmadge proclaims a constitutional amendment enabling Sparks Adel Consolidated School District of Cook County to issue up to 22000 in refunding bonds to cover past due and future bond interest through February 1, 1945. Election to ratify scheduled for June 1941 with ballots stating For or Against ratification. Great Seal affixed at the State Capitol in Atlanta.
A 1941 Georgia House bill resolution seeks to amend Article 7 Section 7 Paragraph 1 to authorize Oglethorpe County by vote of its fiscal authority to issue Funding Bonds to pay off warrant indebtedness and retire it within thirty years, after which the county would operate on a cash basis with checks for payments, and to submit the amendment for ratification by the people with provisions for bond validation and a special election.
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