The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1892-03-19
OFFICIA
PRONUNCIATION.
Proposed Am endme nj ohe Const tuition
OF the State of Louisiana.
BY THE GENERAL ASSEMBLY
IN 1890

IN 1890
STATE OF LOUISIANA.
OFFICE OF THE SECRETARY OF STATE
In pursuance of tbs provisions of the Con
sttution, publication i. hereby made and
given to the quail fed electors Of the state of
Louisiana OF the proposed amendments ta the
Constitution of this State. which have heen
concurred in by two-thiras of all the members
elected tn each house of the General Assem-
bly, of this State. at the regular session
thereof. held at the City of Baton Ronge in
the year 1890. and which are required to be
published for the information OF the qualified
electors of this State for TIN ee months praced-
ing the next election for Representatives and
which proposed amendments more fully an
pear in Joint Resolutions Nos ITO and l53
which are hereinafter officially published for
the information OF the qualified electors of
this State. and which will be submitted tn
them for thei- approval OF rejection. at the
next general election which will he held or,
Tuesday the 10Th day of April, 1892. lit being
the Tuesday next following the third Monda
of said month"; in such manner and form
that the qualified electors may vote for or
against each amend neat separately and if
majority of the qualified electors voting at
said election. shall approve and ratifv all or
eitner of said proposed amendments. then
snch pLodosed amendments or either of them.
Of the Constitution of this State.
JOINT RESOLUTION NO. llO-AMEND-
MINT NO.
Proposing an amendment to the Constitu-
tioh providing for the funding of the
bonded debt of the city of New Orleans,
other than Premium Bonds. into four per
cent bonds; proviling a special tax of
one per cent. to pay the bonded debt of
o1fy md IL
pr cent, bonds from taxation. and furth-
er authorizing the said city to assume and
pay such unpaid claims of the Board of
school Directors of said city and parish
which ii may find to be e9uitably due by
said board
SECTION |. Be IL resoired by the Senate and
House of Representatives. of the State of Louis
lana, tTo-kirds Of nH The members elected to
each house cOncnrr'ing. That the following
amendments to the constitution of the State
he submitted to the electors of the State at
the next election for Representatives. Tor the
General Assembly i'm the year 1892. for the
purpose ot retiring the now existing valid our
standing bonds of the city of New Orleans,
including bond certificates bonds issu
ed uuder tne act of the Legislature No. SO of
1892 and to retire judgments now or hereafter
rendered against the city on floating debt
claims prior to 1879 entitled to be funded nm
der act No. 81 of 1884. the said city cf New
Orleans IS hereby authorized and directed.
On and after the adoption,of this amendment to
issue through the Board of Liquidation of the
City rebt. bonds 70 be known as the Consti-
tutional Bonds of the City of New Orleans
not exceeding ten millions of dollars. at fifty
years. hearing four per cent. pei annum in
terest. to bear date and be in the form pres
cribed By the Legislature. The said bonds
shall be applied by the said hoard to the re-
tirement oil said outstanding bonds and ju,ls-
ments by the sale of said Constitutional
Bonds, and application of the proceeds of
sale by the Board sf Liquidation. to pay or
purchase SAID outstanding bonds and judg-
ments. or by exchanging the said Constitu-
tionai Bonds for bonds, on the terms and IN
the mode prescribed by the Legislature. For
the payment of the interest aud principal at
maturity. of said Constitutional Bonds. and
otf er outstanding bonds no. retired under
this amendment, amt Ior the payment of the
annual aliotmenis and premiums of the Pre-
mnms Bonds of said city the sand city is
hereby authorized and directed to levy annual
ly. aud until the full payment of said bonds.
speeiai tax OF one per cent. on all the real
and per sonal property of the city said tax to
be part of and NOT in addition to the tax of
wenty mills and two tenths OF a mill on the
tdollar of valuation now evied or all purpo-
ses bv the city of New Orleans. and the said
tax shall be paid ovOr "a collected 20, and be
applied by the Board of Liquidation, to the
payment of tie interest nnd principal at ma
standing bonds not retired. and to the pay
ment of the alotments of Premium Bonds
aud pre.u iums extant. in the hands of hold
ers.
Said tax is hereby declared to be the con-
tract right of the holders of all said bonds
and 4 G exemption of ssid Constitutional
Bauds irom all taxation by the City of New
Orleans aud State of Louisiana is hereby re
coguized aud declared. and after payment of
all the annual interest on said Constitutional
Bords and bonds not retired and the pay
mert ef the said annual allotments of Pre-
MUM Bends and premiums extaut IN the
hands of helders. and after making provisions
for sinking fund. at such time and of such
an amount a> the Legislature prescribes. the
surplus of said one per cent, shall he dispos-
ed "t AS prescribed hy the Legislature.
The act passed ut the present session No.
3G cntirlet. An act to carry irto effect the
Constitutional amendment passed at the pre-
sent session relative 10 the bond debt of the
City af New Orleans etc. be and is hereby
approved and confirmed in all ts parts as Il
contract between the City of New Orleans
and the holders of sail Constitutional Bonds.
Premium Bonds aud of the bonds outstand-
ing not retired aforesaid.
SECTION Re II further resoired. etc.
That the city III New Orleans be aud is here
by authorized and empowered D examine in
To and assume the payment of the claims
obligations nt the Beard of School Directors
Tor the eitN ana parish OF orleans due Tor
the years 1851. 1881. lsSa, 1888 and 1884. now
in the hands ofa,igina owners. who have in
uow,se parted with therright of ownership
or pledged the same. may be found to be
equitable due bv said board for ,ervicea rem
dered. labor performed or materials furnish.
ed by authority of said board.
SECTION ;. BE it further resolved ETC.. That
oil electors voting At said election for said
amendment shall place upon their ballots the
worda. FOR the city Of New OrleAns debt