Feliciana sentinel. [volume] (St. Francisville, La.) 1877-1892, 1892-03-26
JOINT nKso, rr,ox No. no-AMExp-

leans. tucr than premium ISOuuS. lutO |
four per cent bonds; providing u spec
ial tax Of one per cent, to pay the bon
dctl debt of the city. ana eNsniptinS :ac
said four per cent. bonds from taX:lt'sii,
and farther authorizing the said city to
assume aud pay such unpaid claims Ol
tho Board school Directors ol said
city and parish which it amy find to DC
eqI itably due by said Board.
SECrIONl BE 1t resolved by the Son
ate and House OF Representatives OF ne
stat" of Louisiana. two-thirdS 81 all the
members elected to each house concur
ring. That the following amen 'im'ntst I"
the Constitution IF III" state he submit
| ted to the q cr,ors of the state at the
urxt cievtiOn for Rep, $en;:itiNcs f"r the
| General Assembly in III" year 1892. Tor
| the L,lrp,,>e III retiring the now existing
| VA. ia Outstanding !.on,ls Of the city OF New
! Orleans. including the bond certificates
| or !,ords Issued under the act III the
! 1c. -i.laturc 40. ~ of 1882 and 10 retire
| Judgements Low ~ hereafter rendered
against the city on floating debt claims |
! prior to 1879. cutit'rd to b. funded I'M
! der ac, No. Is uf lcSl. the said city OF |
| New Orleans ia hereby authorized arl
| directed. on and after the adoption OF
| is amendment. 10 'Ssre through the |
Board ut Liquidation 81 the C..y Debt:
| bond. to he known as the Constitutional
, Bonds the City OF New Orleans. not
| exceeding ten millions "s dollars. ut tif-
" years. hearing four per cen. .&I"r an
| nriu interest. to bear date and be in the
| form pres ,rit",i hv the .cgi> lature. The
said BONDS shall br applied by the said
board to the retirement 1T said "utstan-
diuy bond, and judgements, by the sale
Of said Constitutional Bnnl$. and appli-
cation of the proceeds OF sale by the
| so:lrt! Of Liquidation. /" pay or purchase
said outstanding bonds ard judgments.
or bv exchanging the saii C"nstitution-
al Eonds for bonds. on the terms and III
| Wy, I 1rf,
For the payment az the interest and
| PRINCIPAL ut maturity. Of said Cnnstiiu-
! tipu:l Bonds. and Other outstanding
bonds not retired under this ailrndmci t.
and for tie payi.lent OF III" animal allot-
merits and premi,:lns Of the Premium
Bonds OF said city. the SAIL city is here
bv authorized and directed to levy an
u.ally. and until the full payment of
said bonds. Il special tax III one per
cent. on all the rea! amt personal prop
ertv Of the city. said taS t" he part Of
and not in addition to the tax of twenty
, mills and twO-trnths OF II mill on tn
, dollar Of valuation now levied for all
purposes nv the citv ct New Orleans.
and the said tax shall +" paid over a>
collected to. and !" app'i"d by thr
Board of I.ilui'la ion. 4" The payment ot
I | the interest and principal Vt maturity of
said Constitutional Bonds. and out>tan-
3 ding bonds no: retired. and to the pay
q men; of the ailolmrnt> of Premium
r Bonds aud premiums cAtant. III the
!, hands nf holders.
u Sale! tax is hereby dc. Jared to he the
contract right of the holders OF all said
= bonds and the exemption of said Con-
I, stitutiOnal Bonds from all taxation by
"A the City of New Orleans and state OF
Il Louisiana is hereby recognized and de-
clarcd. and after payment OF all t!lt an
i nual Interest on sail Constitutional
Bonds and bonds no: retired and the
nt
q If Premium Sonu- aud premiums rStan
u in the hands Of holders. end after max
ing provisions for - sinking fnnd. -
such time and of such aii amount as tli'
Legislature prcScri!rs. the surplus "
said LEc per cent. shall be disposed oi i
prescribed by the Legislature.
- The act passed 1T the present srs>iu:
No. 3e entitled AN act IN carry Into 81
feet the Constitutional amendment pas
cd ut the present session relative I" I'll
lond debt of the City Of New Orleans.
g etc. be and is hereby approved and 60"
tirmcd in all its parts a. Il contract be
tween the City of New Orleans and III
holders Of said Constitutional l'nrus
Premium Bonds and OF the bonds out
r. standing not retired as aforesaid.
H. SECTION =. BE it further resolved
in etc. Tai til" City of New Orleans b
-, and is hereby authorized and empower
''e ed to examine into and assume the pay
he mcni of the claims or Obligations OF tn
Bonr,! OF School Directors for the cit
. and parish OF Orleans dnc for the yea,
- 1850. 1881. 1882. 1883 ard 1884, now !
d. the hands of riyinal owners. who hay
in nowisc parted with their right of ow
nd nership or pledged the same. Nv may h
II. found to be cIuitably clue by said boar
for services rendered. labor perforuc
- or materials furnished by authority ,
ia said board.
bv SECTION 3. Be it further resolved. ct,
!53 That Ill electors voting at said clcrtio
his for sad amendment shall place Upo
ut their ballots the words. For the city
bo New Orleans debt amendments. and y
~ electors voting at said election again
80 said amendment shall place on the
~ HIS ballots the words. Against the city
by New Orleans debt amendment
~ JOINT RESOLUTION NO. l54-AMENl
NENT No. ,.
I "Proposing to submit to the electors
III this State an amendment to article tN
r. hundred twenty (22!) of the Coz
lhe stitution of 1879. relative to Public II
ucatiOn.
rel SECTION !. Be it resolved by the &c
80 cral Assembly of the State of I.ouisian
,,S twO-thirds of the members elected
each house concurring therein. That :,
w. ticlc two hundred and twenty ninc
am the Constitut on of eighteen hundr
and sever ty-n nine. be amended and r
enacted so AZ To read az follows. viz:
Article 229-'rhc school funds of til
State shall consist of: !. The proceeds
l. taxation for school purposes as provide
- in this Constitution: ,. The interest
NJ the proceeds of all public lands heret
N fore granted by the United States for I
I'm use and support of the public schC oil
llu- ). OF lands and other property viii
nay hereafter be beQucathed. grant
or donated to the state or generally
school purposes; 4, All funds or prope
ty tother than unimpkovcd lands). b
,L..1 . .,N.,