The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1892-03-12
OFFICIA.
PRONUNCIATION,
Proposed Am endmentsohe Constitution
Of the State Of Louisiana.
BY THE GENERALAeSEMBL 7
IN 1890
STATE OF LOUISIANA,
OFFICE OF THE SECRETARY OF STATE.

OFFICE OF THE SECRETARY OF STATE. {
In pursuance of the provisions of the Con
stitution, publication is hereby made and
given to the qualified electors of the State OF
Louisiana OF the proposed amendments to the
Constitution of this State. which have been
concurred in by two thirds of all the members
elected to each house of the General Assem-
bly, of this State, at the regular session
thereof. held at the City of Baton Rouge in
the year 1890. and which are required to be
published for the information of the qualified
electors of this State for thf ee mouths preced-
ing the next election for Representatives, and
which proposed amendments more fully an
pear in Joint Resolutions Nos. ITO and I54.
which are hereinafter officially published for
the information OF the qualified electors of
this State, and which will be submitted t.
them for their approval or rejection. at the
next general election which will he held on
Tuesday the 10Th day of April, 1892 tit being
the Tuesday next following the third Mon1a V
OF said month"; in such manner and form
that the qualified electors may vote for or
against each amendment separately and if a
majority of the qualified electors, voting at
said election. shall approve and ratify all or
either OF said proposed amendments. then
such pIodosed amendments, or either of them
so approved and ratified. shall become part
of the Constitution of this State.
JOINT RESOLUTION NO. 1lO-AMEND-
MINT NO.
proposing an amendment to the COnstitu-
tion providing for the funding of the
bonded debt of the city of New Orleans
other than Premium Bonds. into four per
cent bonds E: providing a special tax of
one per cent. to pay the bonded debt of
the city. and exempting the said four
per cent, bonds from taxation. and fnrth-
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 equitably due by
said board"
SECTION |. Be IL res0ired by the Sennte and
House of Representatives. of The State of Louis
lana, fwo-thirds of all he members elected to
each house concurring That the following
amendments to the constitution of the State
be submitted to the electors of the State at
the next election for Representatives for the
General Assembly in the year 1892 for the
purpose of retiring the now existing valid out
sending bonds of the city of New Orleans,
including bond certificates or bonds issu-
ed under the act of the Legislature No. 5S of
1892 and to retire judgments pow 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 ebt. bonds 70 he known as the Consti-
tutIoEal 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 i'll the form pres
cribed by the Legislature. The said bonds
shall be applied by the said hoard TO the re-
tirement OF said outstanding bonds and iulo-
ments. by the sale of said Constitutional
Bonds. and application of the proceeds of
sale by the Board ef Liquidation, to pay or
purchase said outstanding bonds and iudg-
ifu.
tional Bonds for bonds, on the terms and in
the mode prescribed by the Legislature. For
the payment of the interest and principal at
maturity. of said Constitutional Bonds. and
Otf er outstanding bonds no. retired under
this amendment, and Tor the payment ofth
annual alotments and premiums of the Pre-
mums Bonds of said city, the sald city is
hereby authorized and directed to levy annual
ly, and until the full payment of said bonds.
a special tax of one per cent. all the real
and personal 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 as collected to, and be
applied by the Board of Iiqutlat ion, to the
payment of the interest ond principal at ma
turity of said Constitutional Bonds, aud ont
standing bonds not retired. and to the pay
ment of the allotments of Premium Bonds
and prem 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 Il exemption of ssid Constitutional
Bouds from all taxation by the City of New
Orleans and State OF Louisiana is hereby re
cognized and declared, and after payment of
all the annual interest on said Cons titutional
Bonds and bonds not retired and the pay
mrnt of the slid annual allotments of Pre-
MUM Bonds and premiums extant In the
hands of holders. and after making provisions
for Il slnkin. fund. ut such time and of such
all amount IA the Legislature presrribes. the
surplus of said one per cent, shall be dispOs-
ed et as prescribed 10y the Legislature.
The act passed at the present session No.
36 eHtirletl IAN act to carry into effect the
Constitution al amendment passed at the pre-
sent session relative TO the bond debt of the
City of New Orleans" etc. be and is hereby
approved and confirmed in all ts parts as a
contract between the City of New Orleans
aud the holders oi sal Constitutional Bonds,
Premium Bonds aud of the bonds outstand-
ing not retired as aforesaid
SECTION > BE IL further resolred. etc.
That the city nf New Orleans be and is here
by authorized and empowered u examine in
to 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 $780, 1881. 1882. 1888 and 1884. now
| in the hands of origina owners, who have in
nowlse parted with their right of ownership
or pledged the same. rs may he found to be
equitable due by said board for services rem.
| dered. labor performed or materials furnish
/ ell by authority of said board.
| SECTION 5. BE further resolved, ETC., That
| all electors voting at said election for saiG
amendment shall place upon their ballots tn.
words. For the city Of New Orleans deb
amendment" AID all electors voting ut sail
election against said amendment fhall plac.
$l,asr kor ratn thn de nat hAf sNv
OF New Orleans debt amendment"