The Meridional. (Abbeville, La.) 1856-1906, 1891-12-26
become . part Of the Constitution Of this
JOINT RESOLUTION NO. 11o-AMENp
NFET NO. !.

become . parS OF Nc SoASsAsesaVh VI hEtS
JoIST RESOLUTION NO. 1to-AMEFp-
MEET NO. ].
Proposing N amendment TO the Con-
sSitution providing for thef funding Of
the<bon0ed debt OF the city Of New
Orleans, other than Premium Bea6s,
into four per cent bonds providing b
special tax Of one per ee1t. to pay the
bonded debt Of the city. and exempt
ing the said tog per cent. n from
taxation, and further authorizing the
said city TO assume and pay such W
paid claims Of the Board Of School
Directors of said city and parish which
it may fnd 70 be eQIltabiy due by said
board"
SECTION /. Be IL received By the Senate
and Hoase Of Representatives Of the State OF
Louisiana. two-thirds Of all the members cleo
ted 10 each ho@se eonoaTrsng, That the fol-
lowing amendments to the Constitution
of the State be submitted to the electors
of the State BIT the next election for Rep
resontatives for the General Assembly in
the now existing valid outstanding bonds
of the city of New Orleans. including the
bond certificates or bonds issued under
the act of the Legislature No. So of 1882
and to retire judgments now or hereafter
rendered against the city On floating debt
claims prior to 1879. entitled to>be funded
under act No. 81 1884, the said city of New
| Orleans is hereby authorized and directed,
on and after the adoption of this amend
ment, to Issue through the Board of Liqui-
dation of the City Debt, bonds to be
known as the Constitutional Bondsof the
CITY of New Orleans, not exceeding ten
millions of dollars. at fifty years, bearing
! four per cent. per mum interest, to bear
date and be in the form prescribed by he
Legislature. The said bonds shall be ap-
piled by the said board to the retirement
Of said outstanding bonds and judgments,
by the sale of said Constitutional Bonds,
and application of the proceeds of sale by
the Board of Liquidation, to pay or pur-
chase said outstanding bonds and judy
nents, or by exchanging the said Consti-
tutional Bonds for bonds. on the terms
and in the mode prescribed BY, the Legis-
lature. For the payment of the interest
and principal at maturity, of said Constl-
tuti6nal Bonds, and other outstanding
bonds not retired under this amendment.
and for payment of the annuala llotments
said city, the said city Is hereby author
ICED and directed to levy annually, and
until the full payment of said bonds, a
special tax of ofe per cent. on all the real
and personal property Of the city, said tax
to be part of, and not IN addition to the
tax OF twenty mills and two-tentha of q
mill on the dollar of valuation now levied
for all purposes by the city of New Or
leans, and the said tax shall be paid over
as collected to, and be applied by the
i Board of Liquidation, to the payment OF
the interest and principal at maturity OF
said Constitutional Bonds, and outstand-
ing bonds not retired. and to b payment
OF the allonnents Of Premium Bonds and
premiums extaIat. in the hands of holders.
Said tax is hereby declared to DO tho
contract right of the holders Of all said
bonds: and the exemption of said Constl-
tutional Bonds from all taxation by the
City of New Orleans and State of Louis
ana is hereby recognized and declared
and after payment of all the annual inter
est on said Constitutional Bonds and
bonds not retired and the payment'of the
said annual allotlnents Of premium Bonds
and premiums extant III the hands or
holders, and after making provisions for
a sinking fund. at such time aud OF such
an amount as the Legislature prescTIbes.
the surplus OF said one per cent. shall be
disposed Of as prescribed by the Leg1sla-
tnTe.
Tie Get passed at the present session
No. Sc entitled An act to carry into effect
} the Constitutional amendment passed at
the present session relative to the bond
nebf of the City of New Orleans, etc. b3
and is hereby approved and confirmed in
} all its paris as a contract between the
! CITY Of New Orleans and the holders Of
) said Constitutional Bonds and of the bonds
outstanding not retired as aforesaid.
SECTION 2. Be it further 7ssotved, ETC.
That the city of New Orleans be q is
2 hereby authorized and empowered to ex-
; anime into and assume the payment OF the
J claims OF obligations of the Board OF
) SCHOOL, Directors for the city and parish Of
/ Orleans due fer the years 1886, 1887, 1889.
1888, and 1884. now III the OF oI1glnaL
owners, who have III noWise parted with
2 their right of ownership or pledged the
} same as may be foun TO be eGuItably due
y by said beard for services fendered, labor
J performed or materials furnished By au-
; thofity Of said board.
D SECTION 5. Be it further resolUed 1ste.,
u That all electors voting at said elecrlen
Q for said amendment shall place upon their
0 ballots the words, For the city of New
0 Orleans debt amendment and the cleo
. tor. voting at said election against SAD
, amendment shall place on their ballots the
Y words, Against the City OF New orleans
U debt amendment
9 JOINT RESOLUTION NO. 154-AMEND-
MENT NO, 2.
. Proposing to submit to the electors or
this State an amendment TO article
z two hundred twenty-nlneg s2sl Ct Ihe
: Constitution of 1872, reiatlVe OF
lie Edueation.o J,
Q SECTION I. Be it resolved BY the General
Aseem6ly of the Stale Of Louistana, ttUo-fhards
of the members elected to each house concur,
RIM therein. That article tw0 h.lnded ana
. twenty-nine of the Constitution OF elgn-
teen hundred and seventyenine, be amend
ed and re~-enaeted so as to read as 1oi-
/. fows. viz:
Article s29-The school funds OF, the
State shall consist of: /. The proceeds Of
taxation for school purposes as provloeo
the proceeds of all public lands heretofore
and support of the public, schools; : "
lands and other property which MAJ mere.
after be bequeathed, granted or donated
the State or generally for school purposes
proved lands. beaneathed or granted to
the state. of Louisiana. The Legislature
q may appropriate to the same funds she
= proceeds, in whole or in part. OF pubic