The Houma courier. (Houma, La.) 1878-1939, 1892-03-05

payment Of THE annual allotments and
premiums of the Premium Bonds Of
said city, the said city is hereby auA
thorlzed and directed tOlevy annually,
and Until the full payment Of said
bonds, n special tax of one per cent.
ON all the real and personal property
OF the city. said tax to be part Of, and
not m addition to the tax Of rwentv
mills and two tentlIs Of a mill on the
dollar of valuation Low levied for all
purposes by the city of New Orleans,
and the said tax shall be paid over MS
collected tO, and be applied by the
by the Board of Liquidation, to the
payment of the interest and principal
at maturity of said Constitutional
Bonds, and outstanding bonds not re-
tired, and 90 the payment eg tlfe allOt-
ments of Premium Bonds and premi-
ums aztani, in the hands Of holders.
Said tax is hereby declared to be the
Contract right OF the h0ldersOfa all said
bonds; and the redemption of said ton
stitptiOAal Bonds from all taxation by
the City Of New Orleans and State Of
Louisiana is hereby recognized and
declared, and after payment Of all the
annual interest on said Constitutional
Bonds and bonds not retired and the
payment Of the said annual allotments
Of Premium Bonds and premiums ex
tant in the hands of holders. and after
making provisions for a sinking fund,
at such time and of such an mount as
the Legislature Wesclibes, the surplus
OF said q per cent shall be disposed
of as prescribed by the Legislature.
The act passed at the present SEES
sion No 36 entitled "An act to carry
into effect the Constitutional amend
ment passed at the present session
relative to the bond debt of New Or
leans etc., he aud is hereby approved
and confirmed in all it's parts as a con-
tract between the City OF New Orleans
aud the holders Of said Constitutional
Bonds, Premium Bonds aud of the
bonds outstanding not retired as afOre-
said.
SECTION 2. Be 1t further resolved,
etc., That the city of New Orleans lie
and is hereby authorized and empow-
cred To examine into and assume the
payment of the claims or obligations
of The Board of School Directors fnr
the city and parish of Orleans due for
The years 1880. 1881. 1852, 1888 and
1884. now in the hands of original
owners, who have in nOwlse parted
with their right of ownership or
pledged tile came, Ms may be found to
lie equltably due by said board for SER
vices rendered. labor performed or
materials furnished by authority Of
said hoard.
SECTION 3 Be 1t further resolUed,
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
amendments" and all electors voting
at sail election against said amend
ement shall place ON their ballots the
words, Against the City of New Or
leans observation-disclosures
JOINT RESOLUTION NO. I54-
AMENDMENT NO. ..
proposing to submit to the'eIeetors of
this State ain amendment to article
two hundred twenty nine (229l of
the Constitution of 1879, relative to
Public EducauiOn.'
SECTION l.. Be it YesOIred by the
General assembly Of the State of LOMisi~
ana. tao thirds Of the members elected to
each house ~cOncarring therein, That
article two hundred and twenty mine
of he Constitution 0feighteen hundred
and s~evpnty-nine. he amended and re-
enacted SO as to read af follows. viz
Article 300 The school funds Of this
state sfHll consist of: l. Tho pr oceels
of taxation tor school purposes as pro,
vided in tlFis Con~stit1tTbBj 2. Tho in
terest Oh the proceeds of all pnblie
lands heretofore granted by the United
States for the use and support of the
public schools; 3, Of lands aud other
property which NAV hereafter be be-
qllrathed, granted or donated to the
State or generally for school purposes;
4. All funds or property (Other than
unimproved landsl, ~Oequeathed or
granted to the state, not designated
for other purposes; 5, The proceeds
of vacant Estates falling under the
laws of the State Of Louisiana. The
Legislature may apprap, late to the
same funds the proceeds, il whole or
in part, of public lands not designated
for other purposes, and shall provide
that every parish. brewery school ward
in each parish. may levy II tax for
the public schools therein, which shall
not exceed five (5J mills on the dollar,
the vote on such rax to br decided BY
IA majority of the property tax payers
Of each parish, or each school ward on
municipality in each parish, in value
and in number voting at said election
and all moneys SC collected TO be
expended m the school ward where
~lrvicl. SAN lccriniS under this act
shall he ordered by the Police Jury III
the parish in whichthe tax is proposed
Ia he levied.n
SUCTION 2 Be Il further resOIUed.
tilat The above amendment to article
va hundred and twenty -liinp (229) b,
sinMitted to the citizens Of this State
i The next general election for theii
approval or rejection, and that upon
all ballots cast at thai election f0l
taIe or parish officers tfere shall b.
srinted these verbs: For amend
ment ia. article 300 ofthe Constitution
Against amendment t. article 229 o
thu Constitutions
Witness my signature and the sea
nf the State Of Louisiana at the City o
Batnn Rouge, this goth day of Novem
80 L. F. MASON.
Secretary of State.