The Colfax chronicle., 1891-12-26
mo- Z.
School Directo.s of said city aud parish
which it may find to be equitably dud
by said board.


by said board.
SECTION l. Be il rcsolred BY the Senate and
House of Representatives. Of the State of Los-
isiaaa, fro-thirds of all the siessbers elected 70
each house concurring, That the following
amendments to the Constitution of the
State be submitted to the electors OF the
State at the next election for Representa-
tives for the General Assembly in the year
1892, for the purpose of retiring 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. 5b of 1882, and to
retire judgments now or hereafter render
ed 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
leans 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 as the
Constitutional Bonds OF the City Of New
Orleans, not exceeding ten millions OF dol
lars. at fifty years, bearing four per cent
per annum interest, to bear date and be in
the form prescribed by the Legislature -
The said bonds shall be applied by the
said board to the retirement of said out
standing bonds and Judgments, by the sale
of said constitutional bonds, and applica-
ton of the proceeds OF sale by the board
of liquidation. to pay or purchase said out
standing bonds and Judgments, or by ex-
changing the said constitutional bonds for
bor,ds, on the terms and in the mode pre-
scribed by the Legislature. sFor the pay
ment Of the interest and principal at ma
maturity of said constitutional bonds, and
other outstanding bonds rot retired under
this amendment, and for the payment OF
| the annual allptments aud premiums OF the
Premium Bonds Of said city, the said city
| is hereby authorized and directed to levy
annually, and until the full payment OF
said bonds. tax of one per cent on all tho
real and personal property OF the city
said tax to be part of. aud not III addition
| to, the tax of twenty mills aud two-tenths
Of mill on the dollar of valuation now
levied for all purposes by the city 81 New
| ORLEANS, aud the said tax shall be paid over
as collected to, and be applied by, the board
Of liauidation to the payment of the iu:
terest aud principal at maturity Of said
constitutional bonds, and outstanding bonds
not retired, and to the payment Of the al
| lotments of premium bonds and premiums
extan. In the hands of holders. :.
Said tax is hereby declared to be the
contract right of the holders Of all said
bonds; and the exemption OF said consti-
tutional bonds from all taxation by the
city of New Orleans and State or L0uisi-
ana is hereby recoghized aud declared, and
after payment Of all the annual interest
ON said constitutional bonds and bonds not
retired. and the payment of the said an
| nual ailotments of premium bonds ana
premiums extan. in the hands OF holders,
and after making provisions for sinking
fluid, at such time and of such ON amount
as the legislature prescribes. the surplus OF
said Que per cent shall be disposed of ~
prescribed BY the legislature:
The act passed at the present eese'on.
Nc. 36, entitled IAN act to carry into ef.
feet the constitutional amendment passed
at the present session relatiyc to the bond
debt of the city Of New Orleans etc., be
and is hereby approved and confirmed IN
all its parts as contract between the city
of New Orleans and the holders OF said
constitutional bends, premium bonds, and
of the bonds outstanding not retired as
aforesaid.
SEc. 2. Be 1t further res0lred etc., That
the city Of New Orleans be and Is hereby
authorized and empowered TO examine I'M
10 and assume the claims or obligations of
the board of school directors for the city
4 and parIsh of Orleans due for tho years
fsSO. 1881, 1882 1853 and 1884, now In the
hands of original owners. who have in no
wise parted with their right Of ownership
or pledged the same, as may be found to
be eouitably due by said board for services
/ rendered, labor performed OF materials fur
nished By authority of said board.
SEC. 3. Be II farther resolved, etc., That
all electors voting at said election for said
amendment shall place upon their ballots
the words, "For the city of New Orleans
debt amendment aud all electors voting
ut said election against said amendment
shall place on their ballots the words
against the. city Of New Orleans debt
amendment
Joint Resolution No. 254 1mendnsoat No. .
Proposing to submit to the electors Of thin
State an amendment to article two hnn'
dred and twenty -nine (229J of the con
stitntion Of 1879. relative to public edu
cation.
sEcr1oN ]. BE II sssolred BY the Genera
. Assembly of the State Of Louisiana, tsro-fhird
of the members elected to each house cOpcsrrin!
J therein, That article (229) two hundred ant
twenty mine Of the constitution of eight
cen hundred and seventy-nine be amende'
and re-enacted so as to read as follows. viz
|, Article 70 : The school funds OF this Stat
! shall consist Of: /. The prcceeds OF taxation
for school purposes as provided in this consfltu
% pds ss osssss q s e
, for the use and support Of the pnhlic schools;-
$, OF lands and other property which may here e
after be bequeathed. sraqted Or donated 70 e. I
> ! funds OF other property i0ther than unimproye
lsndsJ, bsqqe.thsd Of g1antsd g ths State, s ns
: of vacant estates falling under the laws Of tn
e1 State Of Louisiana: The legislature may apPrsS
or in part, of public lands not designated TO
other purpose. and shall provide that every pa pal
a levy tax for the public SCHOOLS therein, whic
shall not exceed i've (5l mills on the dollar, tn
: vote on such tax to be decided by majority Q
( the property tax payers Of each parish, or eac
/ | school ward or municipality in each parish.
!. | value ard in number voting at said election.
: and all snoneys so collected to be expended
1 the school wards where levied. "Al election
under this act shall Be ordered by the Police ~
|. ~ in the parish in which the tar u proposed
be levied"
! SEC. 2. Bait further yesolred, That tn
! ! above amendment to article two hundrc
o,,a <xva,,4 xy-,.;na (20Ql he an limited fn til