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Newspaper
Glen Rose Reporter
Location
Glen Rose, Texas, United States of America
Date
Aug 10, 1972
Page
2
Public notice summarizes a proposed Texas constitutional amendment adding Section 65 to Article III. It would allow state agencies issuing bonds under their authority to carry interest rates not exceeding a weighted average annual rate of 6 percent. The document outlines the legal framework for setting bond interest limits.
The text describes a constitutional amendment to be voted on at the November 1972 general election. It proposes setting a six percent weighted average annual interest rate for bonds issued under constitutional authority. The measure would repeal conflicting signs and take effect upon adoption.
Public notice outlines Article XVII amendment adding a constitutional revision commission to convene January 1973 with staff funding, study deadlines, and a 1974 constitutional convention of the 63rd Legislature. It sets compensation rules, convention governance, dissolution terms, and retention of the Bill of Rights. The measure asks voters to approve the commission and potential new constitution or revisions.
Mrs Joyce Sessum visited Mrs Evie Scott last week. The Gilbreaths traveled to Texarkana amid a 4 6 inch rain. Families lodge in Dallas Fort Worth for reunions and visits. Grannie Lillie Gilbreath aged 97 died after a hip fracture and long illness in Meridian. Local weddings and reunions, Veterans Hospital discharge for A L Moss, Olson family reunion, and extensive travel notes from Ruth Hancock. Local cemetery cleanups and community events mark a busy period in Walnut Springs.
A proposed constitutional amendment would let a Texas county commissioners court reduce its county permanent school fund and distribute the proceeds to independent and common school districts on a per scholastic basis to reduce bonded indebtedness or fund permanent improvements while preserving tax payments on school lands and royalty interests. The measure aims to assist districts without altering state aid.
May I express personal thanks to each person who helped me recuperate in Houston after surgery. Each prayer, card, gift, and visit aided the successful outcome of this major undertaking. Mrs Jean Adams and Mrs Nancy Love enjoyed a visit Saturday from daughter Roxie Cheek of Cleburne.
A constitutional amendment would exempt from property taxes public property used for public purposes religious worship places of burial and schools. It also expands exemptions for disabled veterans surviving spouses and children and outlines limits by disability level with tiered value caps. The measure frames exemptions for military families and notes the official voter approval process.
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