The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1892-01-23

issue through the Board of Liquidation of the
City eht bonds 10 he known as the COusti-
tutIonal Bonds of the city ot New Orleans,
not exceeding ten millions Of dollars, at fifty
years. bearing four per cent. pei annum in
terest to bear date aud be IN the form pres
cribed by the Legislature. The said bonds
shall he applied bv the said hoard to the re-
trement OF said outstanding bonds and iude-
ments. by the sale of said Constitutional
Bonds, and application of the proceeds OF
sale by the Board af Liquidation, to pay or
pur hase SAID outstanding bonds and iu'ig
ments. or hv exchanging the said COnsttu-
tioual Bonds for bonds, ou the terms and N
The mode prescribed by the Legislature. For
the payment of the interest and principal AT
maturity. OF said Constitutional Bonds. aud
otl CT outstanding bonds no. retired under
this amendment, and ion the payment OF he
annual alotments and premiums of the Pre-
mlnms Bonds of said city. the said city is
hereby authorized aud directed tn levy annual
~. and until the full payment of So I bonds.
Il sneclai tax of one per cent. on all the real
and pei sona property of the city. said tax to
be part of and npT in addition t. the tax ot
twenty mills and two teufhs o. a mill on 49,
dollar of valuation now levied f., all purpo
ses bv the city of New Orleans apd the rad
lax shall be paid ovor as coli cte o, and he
| applied by the Board of Liz pil.,t Oh. To he
payment ot t,e interest und price pll At III
turity of said Constitutional Bonds, aud on
>tanding bonds not retired aud t. the pay
ment ot the ailotments of Premium Bonds
aud ereI iums extant. in the hands ot hold
ers.
Said tax is hereby declared to he the con
truct right of thu holders nf all said bombs
! and Il e exemption of ssid Constitutional
| Bouds from all taxation by the City of New
| Orleans and State of Louisiana is hereby
| co1nized and declared. and after payment of
all the annual interest on sail Cons titutional
| Bonds and bonds not retired anu the pay
/ meHt of the said aunual alotmento of Pre-
mium Bands and premiums extant IN the
| hands OF holders. and after making prov isions
| for "a sinking fund, at such time and of snch
an amount a. the Legislature prescrihes. tbs,
| surplus of said one per cent, shall he disposa
Ell at a- prescribed by the Legislature
The act passed at the present session NJ.
80 entirled IAN act I" carry it effect tie
Constitutional anendment passed AT the pre-
sent session relative 10 the bond debt of the
City Of New Orleans. et,.. be and is hereby
| approved and confirmed in all it, part- IA a
contract between the City of New Orleans
aud the holders of sal Cons s,itufioual Bonds.
| Premium Bonds aud of the boHds uutstand-
ing not retired as aforesaid
| SECTION = Be Il further resofred. etc,
| That the city of New Or 'ars he and is here
by authorized and empowered to examine in
to AID assume the payment of tn, claims or
higations of the Board al School Directors
| for the city and parish of Orleans due Tor
the wears 1880. 1881. iSS!, 1883 and 1884 new
in he hands of original owners. who have in
uoStSt pdfifu Will vi
or pledged the same. as may he fonnd to be
equitable due bv said hoard for erviccs
deretl. labor performed or materials furnish
ed by authority of said board.
SECTION 3. BE IL further rc<fited efc That
all electors voting ut said recIiop tor said
amendment shall place upon their ballots tli''
words. n or the city of New Orle aus debt
amendment" atd all electors vnt,ng ~ said
oir elton against said amendment - all place
IN their ballots the words. Against the City
ot New Orleans debt amendment
JONI RESOLUTION NO. l5i-AMEND-
MENT NO. >
Proposing to submit 10 the electors of this
| State AN amendment to article 40 hun
,lred and twenty nine i12si of the Cunstitn
tlon of lSa 3. relative TO Puhlic Education, y
SECTION |. Be it resolred By The General
Assembly of the State Of Lou :siana tno- -H1tts
Of tHe atembcrs elected to cdca house coHcHTr'iHg
therrip. That article two hundred ami twenty
niue ot the Constitution of eighteen hundred
aud seventy nine be amended and re-enacted
: az tn read ~ follows, viz:
ARTICAL3 , 9-fhe school funds of this State
shall consist of |, The proceeds of taxation
for school purposes as provided in this Con-
stihutien :. h- interest on the proceeds of
t all public lands heretofore granted by tue
United States for the use and support OF the
public schools: 3. pf lands and other proper.
ty which may hereafter be begueathed grant
ed or donated to the State or generally fur
school purposes 4. All funds property
(other than unimproyed land<i. beeucathed
or granted to the State, not designated fuI
other purposes ). The proceeds of vaeant
estates falling uuder the laws of the State OF
Louisiana. The Legislature may appropriate
to the same funds the proceecs. in whole oi
in part of public lands not desi gGated toi
r other purpose. and shall provide that every
parish, or every school ward IN each parish
, may levy tax Tor the publie schools there u
|. which shall not exceed five 81 mills on til,
4 dollar, the vote on such tax to be decided hy
. il majority OF the property tax payers OF each
i ! parish. or each school ward Ur municipality y
Il IN ei.rl, parish. in value and in Lumber voting
r at e.tlti eiectiou-and all mene"s 20 collected
a | TO he expended il tie school ward wheT,
{ levied. ''AEl election under this act shall bs
, ordered l.y the poicc Jury i'll the parish il
n | which the tax is proposed to be levied
. SECTION :. Be II further Fes9'red. That th'
{ iaoye ameudnie 1T to article two huudF, aHt
| rweuty-Ninc f3129i H. suhfniftad 10 The citizens
! of this State al the next general election 10
their approval or rejection. and thar upon al
| ballots east at that election for State o
/ parish officers there shall be printed the-'
e words For anis sndment to article 229 oi tn
{, Constitution Against amendment to artie
7 ~ ef the Consultation
! - Witness my signature and the sea
/! / IL : a. the State of Louisiana at the Cit
q [ ~ of Baton Rouge, this 2ath isy OF NOV
!, ember, 1921.
d L. F. MASON.
4 Secretary of State