The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1891-12-19
THIBoDAUx, LA, SATURDAY, DEC 10,

rendered against the city on floating debt
| claims prior to 1879. entitled to be funded I'M
der act No. 81 of 1884. the said city cf New
| Orleans is hereby authorized and directed.
| on and after the adoptiOn.Of this amendment.t0
issue through the Board of Liquidation of the
City Debt bonds TO he known as the Consti-
tutlonal Bonds of the City of New Orleans,
| not exceeding ten millions of dollars, at fifty
years, hearing four per cent, pei annum in
terest. to bear date and be in the form pres
cribed by the Legislature. The said bonds
| shall be applied by the said hoard to the re-
| tirement OF said outstanding bonds and Jud2-
ments, by the sale of said Constitutional
Bonds, aud application of the proceeds of
| sale by the Board of Liquidation, to pay or
purchase said outstanding bonds and judg-
! ments. or by exchanging the said Constltu-
| tiOnal Bonds for bonds, on the terms and IN
the mode prescribed by the Legislature For
| the payment of the interest and principal at
| maturity. of said Constitutional Bonds and
other outstanding bonds no. retired under
this amendment, and Tor the payment OF he
| annual allotments and premiums of the Pre-
| mnms Bonds of said city, the sald city is
hereby authorized and directed to levy annual
ly, and until the full payment of said bonds.
| a special tax of one 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 tenths ot ii mill ON the
dollar of valuation now levied for all purpo-
ses by the city of New Orleans, and the said
tax shall be paid OvOr collected to, aud be
applied by the Board of l.iqui'lat on, to the
payment OF the interest ond prime pal at ma
turity of said Constitutional Bonds, aud out
standing bonds not retired. and to the pay.
ment of the allotments of Premium Bonds
and preL ums extant, in the hands OF hold
ers.
Said tax is hereby declared to be the con-
| tract right of the holders of all said bonds !;
and tie exemption of ssid Constitutional
Bouds from all taxation by the City OF New
! Orleans and State of Louisiana is hereby re
cognized and declared, and after payment OF
all the annual interest on SAID Constitutional
| Bonds and bonds not retired and the pay
me2t OF the said annual allotments of Pre-
MUM Bonds and premiums extant IN the
bands of holders, aud after making provisions
for sinking fund at such time and of such
> an amount as the Legislature prescribes. the
r surplus of said one per cent, shall be dlspos+
ed of prescribed by the Legislature.
| The act passed at the present session No.
, '6 enteled 'An act to carry into effect the
{ Constitutional amendment passed at the pre-
Q sent session relative to the bond debt OF the
: City of New Orleans" etc. be and is hereby
. | approved and confirmed in all its parts as a
| contract between the City of New Orleans
| aud the holders OF said Constitutional Bonds.
. Premium Bonds aud of the bonds outstand
/ ing not retired as aforesaid.
> SECTION 2 Be it further resotred. etc.
p l
a by authorized and empowered to examine in
/. to and assume the payment of the claims OF
r obligations of the Board of School Directors
a for the city and parish of Orleans due tof
b the years 1880. 1881. 1884, 1888 anu 1884. now
y in the hands OF original owners, who have In
Il nowlse parted with their right OF ownership
or pledged the same, may be found to bt
equitable due bv said board for services ren
/, dered, labor performed or materials furnish
ed by authority of said board.
y d.: :f 18th. nIrcd pfr ho
i oil electors voting ut said election for salt
y amendment shall place upon their ballots thu
Il words, "tor the city Of New Orleans deb
amendment" aLd all electors voting at sals
election against said amendment rhall place
a en- their ballots the words, "a .aIDst the Git,
|. OF New Orleans debt amendment
JOINT RESOLUTION NO. I54-AMEND
Il MENT NOe.
Proposing to submit to the electors OF thi
State an amendment to article two hun
dred snd twenty mine t229) of the Constit
tion of 1879 relative to Public Education.
q SECTION |. Be ii resolrcd BY the Genera
of the members elected to each house concurri,.!
therein. That article two hundred and twenty
I nine OF the Constitution of eighteen hundre
and seventy nine, be amended aud re e-enacte'
80 as to road as follows, viz:
ARrICAL 2.9-Fhe school funds OF this Stat
I
for school purposes rs provided in this CoI
a. stihution =. rhe interest on the proceeds o
ID oil public lands heretofore granted by th
Of United States for the use and support of tn
10 public schools: 5. VI lands and other proper
N ty which may hereafter be bequeathed. gram
rs ed or donated to the State or generally TO
n school purposes 4, All funds or propert
N (other than unimproved land-l. bequeathe
in or granted tO the State, not designated III
he other purposes 5, The proceeds OF vacan
ID estates falling under the laws ot the State I
d. Louisiana. The Legislature may appropriat
I'd to the same funds the proceeos, III whole q
p in part, of public lands not designated IL
a, other rpose. aud shall provide that ever
or parish, Or every school ward III each parlsl
OF may levy tax Tor the pubic schools thereir
to which shall not exceed five ~ mills on til
ho dollar, tle vote Oh such tax to be decided b
III y Maiority of the property tax payers OF cac
pg parish or each school ward or municipalit
~ in each parish, in value and in number votin
IA ut said election-and all mone.s so coliecte
or to DO expended in the school ward whel
q levied. .'All elections under this act shall
at ordered by the Police Jury in the parish
or which the tax is PROPOSED to be levied.
en- SECTION :. Be it further rcsotred, That I'll
N, above ainendne nj to article two hundred al
'rt twenty mine t229 b- submitted to the cltlzel
Of this State ut the next general election II
n | their approval or rejection. and that upon
ballots cast vt that election tor State
parish officers there shall be printed the
tu words !: For aiucndInen, to article 229 OF u
he Constitution Against amendment to artic
ns, | .29 of the Constitution
,er () Witness my signature and the sc
of IL OF the State of Louisiana at the u
OF ~ )of Baton kouge, tins 10Th day OF No
ur ember, 1881.
th- l.. +. MASON,
nd Secretary Ot Sta