Feliciana sentinel. [volume] (St. Francisville, La.) 1877-1892, 1892-04-09
JOINT RESOLUTION NO. 1lo-AMENp-

proposing an alneHoMcut'o Wy W."
stitution providing for the funding Of
the bonded debt of the city of New Or
leans, ther than Premium Ronds. into
four per cent bonds providing spec
ial tax of one per cent, to pay the bon
de,l debt of the city, and eNemrting the
said fOurpsr cent. bonds from taxation,
and further authorizing the said city to
assume and pay such unpaid claims OF
the Board f school Directors Of said
city and parish which it may find to be
eft itablv due by said Board
S!.CrION !. y. ii resolved by the Sen
ate and House of Representatives of tn"
state of Louisiana, two-thirds OF al the
! members elected to each house concur
| ring, That the foliowin" amendments 10
| the Constitution If the state b" submit
| ted to the Ct rtors, of the state at the
| next a,r"t!on for Representatives for III"
| General Assembly in the year 1882. for
| the purpose Of retiring the nov existing
valid o",S.i:inG s'ri!,is OF the city q Ne"
Orleans. including. the bond certificates
! or h.,!:u@ issued under the az; OF the
| leg stature No. ~ OF lSS2 and TO retire
! Judgements; ROW or hcrraflc: rendered
against TIE ciiy on Heating Debt claims
prior to 1879. entitled to be funded HE-
| der az: y o. 6! of 1881. the said city Of
! New Orleans IS i:crch: authorized ard
directed. on and after the adoption of
til amendment. 10 iSsii" through, the
tbtlSt! 81 "a tEt Wy s'ttt
bonds to he kuow!, AZ the constitutional
Bonds tie City of New Orleans. 30:
exceeding ten millions Of duilars. ut tif-
I: years. bearing four per cent. per an
| num Interest. to bear t!aic and be in til"
form prescribed by the legislature. The
SAT-; ho,n'S shall i.r applied by the said
| board 70 The rc!irU, HrIlt of said Uu;S:ai-
ding bonds and judgements. by the sale
of said Constitutional Bonds. and appli-
| cation Of The pro e:dS of sale by the
Board Of Liquidation to pay or purchase
said outstanding bonds ::nI Judgments.
or by exchanging the sa,d CONSTITUTIONS
al Bonds for bonds. on TIE terms and in
tn" MODE prescribed by the Legislature.
For the payment of tn" iltcreS! and
prin"ipa! ut maturity. Of said Constiil-
tiona1 Bonds. ana other outstanding
bonds not retired nnt!"rt!lis ancndm"s /.
a:d for the payment Of III" annual al!ot~
merits and premiums ot the Premium
Bonds Of said city. the salI city i. here
by authorized ami directed Ia levy an
ui,nliy. and until the full payment Of
said bonds, Il special tax of one per
cent. on all the rea. and personal prop
crty of the city. said tHS to be part of.
:tnd not in addition to the tax OF twenty
mills and two-tcut!:s OF Il mill on thu
dollar of valuation now levied for all
purposes by the city OF New Orleans.
and the SAID tax shall hr paid over Il
collected to. and oc applied By tn"
Board at LiIuitia i"n. to tie payment Of
til" interest ana principal ii maturity of
said Constitutional Bonds. aud ott>tan-
ding bonds not retired. and to til" pay
mrnt OF the ailotIncnts Of Premium
bonds and premiums cXtaut, III the
hands of holders.
said fax is hereby declared to be the
contract right OF the holders of an said
bonds: :in'; the exemption of said Con-
stiti:ionI! Bonds from all taxation by
the City of New Orleans and State of
i.oli>iana is hereby recognized and de-
ciarcd. and after payment of all the an
nUal interest on said Constitutional
Bonds and bonds rot retired and the
payment Of tie said annual a!iotmrnts
of Premium Bonds and premiums eXtait
i'll the hands Of holders. and after max
ing provisions for II sinking fund. ut
such time ans! of such an amount as the
r|.Sia.:ll" presriilc- the surplus OF
said On" per cent. shall he disposed of rs
prescribed by the Legislature.
The act passed nj the present session
No. 20 entitled AN act to carry into ef-
feet the Constitutional amendment pass
cd 1T the present session relative to the
lond debt of the City Of New Or!e;tuS.'
etc. b" and is hereby approved and con-
iirmcd i'll all its part; AZ :. contract he
holders of said Constitutional Bonds.
Premium Bonds ant! of The bonds ont
standing not retired IL aforesaid.
SECTION ,. BE IL further resolved.
etc. III AT TIL" CITY Of New Orleans be
and is hereby authorized and empower
cd to examine into and assume the pay
mcnt Of the claims or obligations of The
Board of School Directors for the city
and parish of Orleans duc for the years
1850. lSSl. 1852. 1883 and lSSi, row III
TIE bands OF original owners. who have
in noWiSr parted "i.!i th"Ir light Of ow
nership o" pledged the same. ~ may be
found To b" cquitably due by said board
for services rendered. labor performed
or materials furnished By authority of
said board.
SECTION ;. BE it further resolved. etc. |
That all electors voting at SAL! election
for SAID amendment shall place upon
their ballots the words. Fer the city Of
New Orleans debt amendment. aud all
electors voting at said election against |
said amendment shall place on their |
ballots the words. "Agnin>; the city of
New Orleans debt amendment
JOINT RESOLUTION NO. l54-AMEND-
NENT MOP.
"PropOsIng to submit to The electors of |
this State an amendment to article two |
hundred twenty (22gD of the Con-
stitution of 1879. relative TO Public Ed |
ucatiOn.'
SECTION |. Be it resolved by the Gen
cral Assembly of the State of Louisiana. |
two thirds of The members elected to |
each house concurTing therein. That ar
ticle two hsndr, Il and twenty mine of |
the Constitut on of eighteen hund red |
and sever y-Einc. be amended and re
enacted so :lS to read as follows. viz:
Article 229-rhe school funds of this |
State shall consist of: ]. The proceeds of
taxation for school purposes as provided |
in this Constitution ,. The interest on
the proceeds OF all public lands hereto
fore granted by the United States for the
use and support Of the public schools;
3, OF lands and other property which
may hereafter be b"queathcd, granted
or donated to the state or generally for
school purposes; 4. All funds or proper
fy (nthpr Than npitf, rrnyaI Len y mo