The Houma courier. (Houma, La.) 1878-1939, 1892-02-20
THE HOUMA COURIER.

premiums of the Premium Bonds o
said city, the said city is hereby nn-
tb7flzed and directed t0leYy annually.
aud until the full payment of sai,l
bonds, n special FAX of one per cent.
ON all the real and personal property
OF the city, said tax to be part OF. and
not IN addition to the tax of twenty
mills and two tenths of a mill on the
dollar of valuation cow levied for all
purposes by the city of New Orleans,
and the said tax shall be paid over as
collected 10, and be applied By tic
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 to the payment of the allOt-
ments OF Premium Bonds and premi.
inns a%xtant, in the hands Of holders.
Said tax is hereby declared to be the
contract right OF the holders Ofall said
bonds; and the exemption of said Tom
st%ItutlOKal 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 OF said Constitutional
Bonds and bonds not retired and the
payment of the said annual allhtments
OF Premium Bonds and premiums ex
thnt in the hands of holders, and after
making provisions for a sinking fund,
at such time and OF such an amount as
the Legislature presciibes. the surplus
OF said 3 per cent shall be disposed
Of as prescribed by the Legislature.
The act passed aJ the present ses
sion No. 36 entitled can act to carry
into effect the Constitutional amend.
ment passed at the present session
relative to the bond debt of New Or
leans" etc., be and is hereby approved
and confirmed in all its parts as a con-
tract between the City OF New Orleans
and the holders of said Constitutional
Bonds, Premium Bonds and of the
bonds outstanding not retired as afore-
said.
SECTION =. Be 1t further resolved,
etc., That the city of New Orleans &c
and is hereby authorized and cmpow-
cred to examine into and assume the
payment of the claims or obligations
OF the Board of School Directors for
the city and parish of Orleans due for
the years 1880, 1881, 1882, 1893 and
1884, now in the hands of original
owners, who have in nOwIse parted
with their right of ownership or
pledged tile same, as may be found to
be equltably due by said board for SER
wees rendered. labor performed OF
materials furnished by authority of
said board.
SECTION 3. Be it further 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" and all electors voting
at said election against said amend
ment shall place on their bailots the
words, Against the City of New On
leans debtamehdment.n
JOINT RESOLUTION NO. I54-
AMENDMENT NO. Q.
Proposing to submit to the,electors of
this State an amendment to article
two hundred twenty nine (22gl of
the Constitution of 1879, relative to
Public Education"
SECTION |. Be 1t Yes0lued by the
General Assembly of the State of LoWisi>
ana, tlGo-thirds Of The members elected to
each house %cOncarring therein, That
article two hundred and twenty mine
of the Constitution of eighteen hundred
and seventy-nine, be amended aud re-
enacted SO as to read af follows, viz
Article 229-The school funds OF this
State shalt eonsist of l, Tho pr oceods
of taxation for school purposes as pros
vlded in this Constitution; 2. The in
terest on the proceeds of all public
lands heretofore granted by the United
States for the use and support of tile
public schools; 3, Of lands and other
property which may hereafter be be-
queathed, granted or donated to the
State or generally for school purposes;
4, All funds or property (other than
unimproved lands), bequeathed 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 appropriate to the
same funds the proceeds, in whole or
i'll part, of public lands not designated
for other purposes, and shall provide
that every parish, brewery school ward
in each parish, may levy a tax for
the public schools therein, which shall
not exceed five ~ mills on the dollar,
the vote on such tax to be decided by
a majority Of the property tax payers
of each parish, or each school ward or
municipality in each parish, in value
and in number voting at said election
and all moneys SO collected to be
expended in the school ward where
levied. "All elections under this act
shall be ordered by the Police Jury in
the parish in whichthe tax is proposed
to be levied.n
''SEoTIoN 3. Be ii. further resolved,
That the above amendment to article
two hundred and twenty nine (229) be
submitted to the citizens of this State
at the next general election for their
approval or rejection, and that upon
all ballots cast at that election fM
State or parish officers there shall be
printed these words For amend-'
ment to article 800 of the Constitution,
Against amendment to article 229 Of
tho Constitution >"
Witness my signature and the seal
of the State of Louisiana at the City OF
Baton Rouge. this Goth day of Novem-
Der, 1891.
6BSM L. F. MASON,