The Colfax chronicle., 1891-12-19
mo- 6.
School Directo.s OF said city and parish
which it may 6nd to be equ'taply du'
nv said hoard.

SrcrroS 1. Re il resolved by tho Senate ana
Hoxse Of Representatives Of the Stats Of Lou
isiana. t,ro-tkirds Of all the Dssmbers clertea %
each house c0ncurrimg, That the foiiowin8
amendments to the Constitution OF the
State be submitted TO the electors OF tns
State at the next election for hepresenu
tives for the General Assembly IN inc yeas
1892 for the purpose Of retiring tne no"
existing valid outstanding bonds OF tne
c,ty of New Orleane, including the bona
certificates or bonds issued under the act
Of the Legislature No. So OF 1881, ana 70
retire judgments now or hereafter render
ell against the city on floating debt claims
prior to 1879. entitled to be funded under
| act No 81 Of 1884, the said city Of New Or
! lea ms Is hereby authorized and directed. on
and after the adoption of this amendment!
to issue through the Board Of Liquidation
OF the City Debt, bonds to be known ss the
Constitutional Bonds Of the City of new
Orleans, not exceeding ten millions OF oo'.
lars. at fifty years, benring tour Per cent
per annum interest, to bear date ana oe IN
! the form preseribed by the Legislature.
| The said bonds shall be applied oy toe
said board to the retirement of said out
standing bonds and Judgments, oy the eae
of said constitutional bonds, ana appnca-
ton of the proceeds of sale by the board
of liouidation, to pay or purchase SAID out
standing bonds and Judgments, Or by ex-
changing the said constitutional bonds ZOE
bonds. on the terms and in the mode pre-
scribed by the Legislature. For the pay
inent Of the interest and principal AZ ma,
maturity of said constitutional 0onas. ana
other outstanding bonds not retired un"eE
this Amendments, and for the payment OF
the ANIMAL allotments and premiums OF the
| Premium Bonds Of said city, tho said city
IL hereby authorized aud directed to levy
annually. ani until the full payment o.
said bonds. tax Of one per cent ON All the
real aud personal property OF the Guy
said tar to be part Of. and not IN addition
TO. the tax of twenty mills and two-tentns
: of a mill ON the dollar Of valuation now
Levied for all purposes by the city Of New
O,lcans. and the said tax shall be PAID over
as COLLECTED to, and be applied By, the board
Of liquidation to the payment OF the IN.
, tercst aud principal at maturity OF sa,e
, constitutional bonds, and outstanding ponuS
not retired, and to the payme'w o. .lo q.
> lotments Of premium bonds ana preniums
{ extau. iu the hands of holders.
8 Said tax is hereby declared 70 De the
!, contract right Of the holders Of ali sa'a
honds: and the exemption of said consti-
q tutional bonds from all taxation py the
q citv of New OrlAans and Stare or L0uisi.
!, ana IL hereby Recognized and declared, and
u after payment of ali the annual interest
ON said constitutional bonds and bonds not
retired. and the payment of the said an.
: nual allotmouts Of premium booqs ano
4 premiums extan. in the hands OF holders,
Il and after making provisions for sinking
i, fund, vt such time and ot sucn an amouus y
p ns the legislature prescribes, the surplus OF
) said oue Der cent shall be disposed Of "a
u prescribed by the Legislature.
The act passed ut the present session.
No. 38. entitled s.An act to carry into ef,
ID feet the constitutional amendment passed
"a At the uresent session relative to the b,nd
= debt Of the city Of Now Orleans, etc.. De
n- and il hereby approved and confirmed N
to ali its parts IS q contract between the city
r. of New Orleans and the holders OF SAD
!. Unconstitutional bends, premium bonds, and
- :, Of the bonds outstanding not retired y
ii' aforesaid. -.
en- SEC. = Be II farther resolrcd. ssc, Tha'
nj the city Of New Orleans be aud ~ nereoS
ia so and assume the claims or obligations 0
IL the board Of school directors for the city
"a and ,,arlsh Of Orleaus due for tho yeas
1850. 1881, 1852, 1858 and 1884, nov In u'
hands Of original owners. who have IN M
wise parted with their right Of cwnersni'
or pledged tho sasne, ~ may be found 9
Ia eouitably due BY said board for service
mr. reudeted. labor performed or materials fur
1T pished by authority Of said board. -.
or SEC. 8. Be It further rcsolred, etc.. Ina
" all electors voting at said election Tor asl
-" amendment shall pace upon tne't Dal'o'
ill us'. .no .ssa.,ss,t and All electors votin
"evs s"-s;~. .~s,;,,.t sa;d smenflmer
u 49, ~. tis.,;r hallots the words
m..;Pss s,".. the atty az Nev Orleans del
sa.S Asans
nts a'n'
Joint Res0lxti0n No % 4mtHdm0Ht NO
p~e,,.,.;ro IN submit to the electors Of tn
rrvpooe - s,.-.'s -. ort;cla t,v, I'm,
State an au'e'iuuIen. 70 ss6s sss,S - ~ 80
dred and twenty -nine t@Ss' VI smo ~ ~,
stitntion Of 1879. rtiltivo 70 puoic Gu
IS cation.
:. !. Suction I. Be IL resolrcd BY the Genes