The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1882-05-18
Red River Bridge Agreement.
CADDo AND BossIER TO BE UNITED
BY IRON BANDS.

Shreveport Times.I
This memorandum of agreement
entered into this - day of May,
A. D., 1882, at Cincinnati, Ohio, by
and between the council of the city
of Shreveport, in the State of Louisi-
ana, and the Police Jury of the par.
ish of Bossier, State of Louisiana,
party of the first part, and the vicks-
burg, Shreveport and Pacific railroad
company through Otto Flock it's pres
ident, party of the second part, wit
nesseth:
That whereas, Il is desired by said
party of the first part that the bridge
crossing the Red river at Shreveport,
to be built by said party of the sec
ond part shall be made available for
the passage of road wagons and foot
passengers, it is hereby agreed by
and between the parties hereto that:
First-Said party of the first part
will pay unto the said party Of the
second part seven per centum per an
mum of the increased cost of construct
ing said bridge, so as to make the
same available for road vehicles and
foot passengers including in said
cost the cost Of all structural addi-
lions which may be necessary to
make said bridge so available; this
payment shall be made semi-annually
and the same shall be due to the par
ty OF the second part by the first part
Tor each and every year of the dura-
lion Of this agreement. This agree
nent shall operate perpetually and
The bridge shall forever be used for
he passage Of road vehicles and foot
Second-Said party Of the second
part shall undertake and be respon-
'ible for the maintenance of said
bridge and approaches thereto in
order and condition at all
lines. The expenses incurred by
uch maintenance and inspection of
aid bridge shall be charged to the
irst part, and the party of the sec.
md part respectively in proportion |
0 the nature OF the work, and the |
'arty OF the second part shall furnish |
o the said party Of the first part,
monthly, an itemized statement show
ng details Of the first part.
Third That in the matter of paint |
ng said bridge, the expenses thereof
hall be prorated and paid by the
'arties hereto respectively in proper
ion to the increased cost entailed by |
aid party of the first part; such cost
t painting shall be charged to the
aid party of the first part upon a
CERTIFIED voucher thereof and the pay
aent thereof by said first party UNI
er this agreement shall be made in
welve equal consecutive monthly in
AILMENTS, the balance not bearing
1terest.
Fourth-The said party of the first
art shall also pay a portion of the
axes and insurance payable ON said
ridge and the approaches thereto in
ccordance with the relative cost of
ne bridge as originally designed by
nd party of the second part, and
ne cost of said bridge as not desired
y said party Of the first part.
Fifth-That the tolls shall be col
'cted and be received by said party
the first part and it shall be oblie-
tory upon said first party that the
svenues accruing from the collection
said tolls shall, after all deductions
roperly chargeable thereto for ex-
enditures by the city under this
greement shall have been made, be
pplied to reduction Of the ferry
Ills for the ensuing year, and that
nd reduction shall be at the rate Of
0 per centrum from the existing rates
nd at rate not exceeding ten per
entum for each succeeding year upon