New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-04-09
LAWS OF THE STATE OF LOUISIANA
published BY AUTHORITY
AN ACT

AN ACT
Authorizing certain parishes, cities anc
towns. by contributing TO the New Or
leans, Baton Rouge and Vicksburg Rail
road Company, or by subscribing for it
stock, or by purchasing its bonds, or b.
issuing the bonds and warrants of thu
said parishes, cities and towns, to aid il
the construction OF the road of the sale
company or its branch or branches.
SECTION /. Be it enacted by the Senate
and House of Representatives of the State
of Louisiana in General Assembly convened
That any parish in the State of Louisiana
to- from, in, or through which the New Or
leans Baton Rouge and Vlcksburg Railroad
Company may locate its main line of rail
road, or any branch or branches thereof, a.
contemplated and provided for in section
twenty-seven of its charter, be and is here
by authorized to aid said company in til,
construction OF its said road or branch o.
branches, by contributions, or by subscrib
ing for its stock, or by purchasing lis bonds
or by issuing the bonds or warrants of sai(
parish in favor of said company. And il il
further provided, that any city or towI
situated within or near any OF the aforesaid
parishes, is also authorized in like manner
TO aid in the construction Of said road o.
branch or branches thereof.
SEC. 2. Be it further enacted, ETC., THAI
for the purposes OF carrying out the provi
sions of this act, the police jGries OF the
several parishes shall represent the said par
ishes respectively, and the Board of Select
men or Council OF the said cities or towns
shall respectively represent such cities OF
towns.
SEC. 3. Be it further enacted, etc., That
IL shall be lawful, at any time or times, for
any parish, city or town hereinabove re-
ferred to- to aid in the construction OF the
New Orleans Baton Rouge and Vicksburg
Railroad, or any branch or branches thereof,
by voluntary contribution or gratuitous
donation of real or personal property, money
or other effects belonging to such parish,
city or town.
Sec. 4. Be it further enacted, ETC., That
the Police Juries, and the municipal and
town authorities aforesaid, when requested
SO to do by the President or lawful repre-.
sentative of the New Orleans, Baton Rouge
and Vicksburg Railroad Company, shall
pass resolution or ordinance granting aid
70 the company, proportiOnate to the ability
of such parish, city or town so to do by
subscribing for its stock or by purchasing
its bonds, payable in the bonds of such
parish, city or town, or by issuing In favor
said parish, city or town; provided, how
ever, that the President or lawful represen-
tative of the company shall have power 70
dispense with the passage Of such resolu-
ton or ordinance. in any case where VOL
untary contribution or gratuitous donation
shall have.been made, as provided III section
three of this act, and in the resolution or
ordinance granting aid to the company, if
such aid be given by subscribing for its
stock or by purchasiog its bonds, payable in
the bonds of such parish, city or town, or
by Issuing in favor OF the company the
bonds or warrants of said parish, city or
town, then and in that event special tax
shall be levied upon ali the real and personal
property within the parochial, municipal or
town limits, for the purpose of paying the
principal and interest of any and all bonds
or warrants contemplated to be issued by
the parish, city or town, as the same may
fall due; and in such resolution or ordi-
nance, full provision shall also be made for
the collection OF such taxes annually, at
such time and in such manner as other
parochial, municipal or town taxes may be
collected, to be at once deposited in the
parochial, municipal or town treasury. there
to be kept for the purpose of paying the
principal of any bonds or warrants issued
under and by virtue of this act, and the in
terest upon such bonds or warrants, as they
may respectively become due; and the resO.
luton Or ordinance imposing such tax, and
providing for its collection and payment
into the parochial, municipal or town
treasury, shall not be repealed, altered or
have full force and effect, and such tax shall
subsist and be imposed and collected until
al of said bonds and warrants, in principal
and interest, are fully paid and Cancelled.
SSEc. 5. Be it further enacted, ETC., That
the police jury, municipal or town au-
thority passing the resolution or ordinance
ievying tax and providing for its collec-
ton, as required in section four, shall there.
in prescribe the manner Of taking the sense
n nj a rab oit
who have the right under the then existing
laws, to vote at parochial, city or town
elections, in relation to such resolution or
ordinance; and such resolution or ordinance
shall become valid and take effect, when
ever approved and ratified by a majority of
such voters, and not until such ratification
and approval; provided, however, that if
such ordinance shall be rejected by
majority of the aforesaid voters, it shall be
lawful for the president or lawful represen-
tatlve OF said company, at any subsequent
period again to require the sense of the said
voters to be taken in the same manner as at
the first election, and from time to time at
intervals OF not less than three months.
SEC. 6. Be it further enacted, ETC., That
il the aforesaid police juries, municipal or
town authorities shall desire to subscribe
Tor the capital stock of the New Orleans,
Baton Rouge and Vicksburg Railroad Com
pany, or purchase the bonds OF said com.
pany, and pay such subscription or price in
cash, and the said company should consent
thereto, then and III that event such pay
ment in cash is hereby authorized and re-
cognized as lawful.
SEC. z. Be it further enacted, etc, That
no law, nor part or parts Of law hereto.
fore passed in favor of the New Orleans,
Baton Rouge and Vicksburg Railroad Com
pany, shall be considered as altered. weak
ened or impaired by this act; it being the
true object and interest of this law simply
to grant TO the said company additional
facilities and privileges, for obtaining aid
from the parishes, cities and towns in this
act referred to for the construction of the
road or branch or branches.
Sec. s. Be it further enacted, etc, That
this act shall take effect from and after its
passage.
(Signed) MORTIMER CARR.
Speaker OF the House of Representatives.
(Signedy OSCAR j. DUNN,
Governor and President of the
Senate.
Approved March l6, 1870.
{Signed) H. C. WARMOTH,