The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1892-04-09
PRONUNCIATION.
OF THE
Proposed Amendments to the Con-
stitution of the State of
Louisiana,
ADOPTED BY THE GENERAL ASSEM-
BLY, IN 1890.
STATE OF LOUISIANA, !

STAT. OF LOUISIANA.
OFFICE OF THE SEORETARY OF STATE
In pursuance Of the provisions OF the consti-
tuition, publication is hereby made atd given to
the qualified electors of the State of Louisiana
of the proposed amendements to the Constitu-
ton Of this State, which have been concurred IN
by two-thirds of all the mefnbe elected to each
house of the General Assembly Of this State, at
the regular session thereof, held at the City Cf
Baton Ronae in the year 1890. ana which are re-
auired to be published for the information OF
the qualified electors of this State for three
months preceding the next election for Repre-
sentatives, and $hich proposed amendments
more fully appear in Joint Resolutions Nos. no
and l54, which are hereinafter officially publish
ed for the information of the qualified electors
of this State, and which will be- submitted to
them for their approval or rejection, at the next
general election which will be held On Tuesday
the 18th day Of April, 1872 Git being She Tuesday
next following the third Monday of said month";
in such manner and form that the qualified
electors may vote for or against each amendment
sepere-fly: and if a r.sjority q the qualified
electors voting nj said election, shsll approve
and ratify all or either 81 said proposed Amend
either If them. so approved and ratified, shall
become = part Of the Constitution Of this State.
JoINT FEsoLUTIoS 40. lf' AMENDMENT 40. I.
"Proprosihg an amendmetttto tho Constitution
providing for the funding of the bonded tt'pt of
the city Of New Orleans other than Premium
Bonds. into -Four per cent bonds; providing Il
special tax of one per cent. to pay the bonded
debt of the city. and exempting Tho said four per
cent. bonds from taxaton, and further authori-
zing the said city to assume and pay such I'M
paid claims of the Bo.rd of School Directors of
said city and psiish which il NH, find to be
| e1quitably due by ssf;l board.
t sKt TON +. he il resolved by the Senate and
House OF Representatives of the State of louis
lana, two-thirds of all fine nner. bers elected to
| each house ccncurring, That the following
| amendments to the Constitution of the State be
| submitted tc the electors of ire State at the
| next election for Representatives. for the Gene
raj Assembly in the year 1sg2 for the purpose Of
| retiring TIE now exirtinf; valid outstanding
| bonds of the city of New Orleans. including the
bonds certificates or bonds issued nnder the
act of the Legislature No. IS ~ 1es2 apl to retire
| judgments now or hereafter rendered against
the city GA floating debt Charms prior to 1879.
entitled to be funded under act No. "a " 1881.
| the said cits of New Orleans Is hereby atthor-
| lied and directed. on and after the adoption Of
| this amendment to issue 'hrcugh the Board of
| Liquidation of the City Uest. bonds to be
! known AZ the constitutional Bonds of the City
Of New Orleans. not exceeding ten millions of
dollars. ut fifty years. bearing four per cent.
| per annun interest. to betr date and be in the
form prescribed by the Legislature. The said
bonds shall BE- applied by the said board TO the
retirement of laid outstanding bonds and iudg-
ments by the sale of sad constitutional Bonds.
and application of the proceeds of sale, by the
4 Board of Liquidation, TO pay or purchase said
outstanding bonds and Judgments. or by ex-
changing the said constitutional Bonds for
bonds. on the terms and In the mode prescribed
by the Legislature. For the payment Of the in
terest and principal at maturity, of said Con>ti-
tutional Bonds, and other outstanding bonds
| not retired under the amendment. and for the
payment of the annual allotments and pre-
| miums Of the Premiums Bonds Of said city, the
| said city is hereby authorized and directed TO
| levy annually, aud until the full pay ment of
said bonds, special tax of one per cent. on all
the real and personal property OF the city. raid
tax to bc part Of. aud not in addition To the tax
of twenty mills nnd twu-'rnths of Il mill OH the
| dollar Of valuation now levied for all purposes
| by the city of New Orleans. and the said tax
| shall I've paid over a. collected to-, and BIZ mp
| piled by the Board of Liquidation, to the pay
ment of the intcrert and principal at maturity
| of said constitutional Bonds, and outstanding
| bonds not retired. and to tho payment Of the
allotments Of Premium Bonds and premiums
extsnt. in the hands of holders.
Snid tax is hereby declared to bc tho contract
right Of the holders of all said bonds and the OK
emption of said constitutional Bonds from all
taxation by the City of New Orleans and State
of Louisiana is hereby recognized and declared
and nfter payment Of all the annual interest on
said constitutional Bonds and bonds not retired
and tho payment Of the said annual allo,mentS
of Premium Bonds and premium. extant in the
hands of holders. and atter making provisions
| for a sinking fund.- at such time and of such an
amount as the Legislature prescribes. the sur
plus of raid one per cent, shall DO disposed Of
| ~ prescribed by the Legislature.
The act passed at the present session NO. 3i
entitled "Au act to carry into effect the Coneti-
tntional amendment passed at the present SEES
sion relative to the bond bebt Of the City of
New Orleans, etc. be and is hereby approved
and confirmed in all its parts rs a contract be-
tween the City of New Orleans and the holders
of said constitutional Bonds, Premium Bonds
and of the bonds outstanding not retired M
| aforesaid.
SECTION 2. Be it further resolved. ETC.. That
the city Of New Orleans be- and is hereby author
lied and empowered to examine into and as
sumo 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, 1851.
1882, 1853, and 1884. in the hands Of original
owners. who have in nowise parted with their
right Of ownership or pledged the same, az NAV
| ~ l.. ~