Feliciana sentinel. [volume] (St. Francisville, La.) 1877-1892, 1892-03-05
JOINT :Rrso, Ur1ox no. no-AnExD-


four per cent bonds; providing a spec
ial tax of one per cent, to pay The bon
iletl debt OF the city. and exempting the
said four per cent. bonds from taxation,
and further authorizing the said city to
assume and pas such unpaid claims Of
city and parish which it may find to he
eqi.itably due by said Board
SkCriON1 l, H.. it resolved by the Sem
ate and House Of Representatives of tli..
State Of Louisiana, two thirds OF all the
! members elected TO each honse concur
ring, That the following an.enamants I"
| the Constitution OK the state he submit
ted +" tn. & ectors " the state at the
rex: election fox Representatives. far the
| General Assembly. IN the year 1892. for
thr purpose nf retiring the now existing
Notwithstanding bonds o: the city Of New
Orleans. including the bond certificates
or bonds issued under the act Of the
Legislature No. - Of 1882 and to retire
Judgements NOW or hereafter rendered
against the city on iluutin. debt claims
! prior to 1879. entitled to be funded uN
der act No. ia Of 1884, the said city If
! New Orleans Is hereby authorized and
directed. on and after the adoption of
(, is amendment. IL i'Sue through the
Boar, uf liquidation Of the City Debt.
bonds to he known AS the Constitutional
! Bonds If the CITY of New Orleans. not
exceeding ten millions of dollars. y: fif-
" wears. brari:g four PEI cent. per att
| nuil interest. to bear date and be III the
form pres cril,ed b.. the Legislature. The
| said ho:a;s shall lie applied by the said
board to The retirement IF said nuts;an-
ding bonds and Judgements. by the sale
Of said Constitutional Bonds. and appli-
| cation Of The proceeds Of saia by the
| Eoar,! Of Liquidation, to pay or purchase
said outstanding bonds an.! Judgments.
! or by exchanging tn. said Constitutions
| al rs ia u TO i'm
| the mode prescribed by the Legislature.
| For the payment OF thu interest and
| principal 1T maturity. OF said Cons!i.n-
tional Bonds, and other outstanding
bonds not retired nnuer this amendments,
and for the payment OF :hr annual a!lot-
merits and premiums CT rhe Premium
! Bonds OF said city. the sad city is here
| b. authorized and directed to levy an
| u:ially. and until the fi!;l payment OF
| said bonds. Il special tax Of one per
! cent. on all the rc;s: and personal prop
| crty of the city. said tax to be part of.
and not in addition to the tax of twenty
| mills and twO-tenIhS OF mill on the
! dollar Of valuation ROW levied for all
! purposes by the city OF New Orleans,
aud the said tax shall !. paid over is
| collected to. and be applied by the
Board of 1.ilui'!a ion. to HE payment of
! the interest and princip:i 1t maturity OF
! said Constitutional onds. aud out>tan-
meEt of the allotncnts of Premium
Bonds and premiums cXtant, III the
hands of holders.
! Said tax is hereby declared to be the
contract right of the holders of all said
| bonds; and the exemption OF said Con-
stitutional Bonds from all taxation by
! the City of New Orleans and State of
Louisiana is hereby recognized and de-
cared. and after payment OF all the an
uual Interest on said Constitutional
! Bonds and bonds not retired and the
! payment OF tie said annual allotmcnts
! of premii!n Bonds and premiums cXtant
! in the hands OF holders. and after max
| ing provisions for y sinking fund, At
| such time and OF such :tn amount as the
| Legislature prescriLes, the surplus OF
! said enc per cent shall be disposed Of As
prescribed by the Legislature.
! The act passed at the nrescr: session
| No. rs entitled can act TO carry into ef-
feet the Constitutional amendment pass
ed at the present session relative to the
load debt of the City OF New Orleans
etc. be and is hereby approved and con
| firined i'll ri! its parts as i contract be-
tween the City Of Sew Orleans aud the
holders Of said Constitutional Bonds,
Premium Bonds and Of the bonds out
standing not retired IL aforesaid.
| SECTION ?. Be it further resolved.
etc. Tat the City If New Orleans be
and is hereby authorized and empower
| cd to examine into and assume the pay
| ment 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, 1888 and 1884, now i"
! the hands Of original owners. who have
in nOwisc parted with their right of ow
nerslip or pledged the same, as may be
| found to be equitably due by said board
| for services rendered. labor performed
or materials furnished by authority OF
| said board.
SECTION 3. BE it further resolved. etc.
That all electors voting at said election
| for sand amendment shall place upon
| their ballots the words, ''For the city of
New Orleans debt amendment and all
| electors voting ut said election against
| said amendment shall place on their
ballots the words, Against the city of
New Orleans debt amendment
JOINT RESOLUTION NO. 15I-AMEND-
NENT NO. =.
proposing to submit to tho electors Of
| this State an amendment TO article two
hundred twenty-nine (229) of the Con-
stitution OF 1879, relative to Public Ed
ucation.''
SECTION l. Be it resolved by the Gen
| eral Assembly Of the State of louisiana.
two thirds of the members elected to
each house concurring therein. That ar
ticle two hundred and twenty mine of
the .Constitut on of eighteen hundred
and sever ty nine, be amended and re-
| enacted so as TO read as follows. viz:
Article 229-rhe school funds of this
State shall consist OF: l. The proceeds of
taxation for school purposes as provided
in this CONSTITUTIONS; 2. The interest on
the proceeds of all public lands hereto
fore granted by the United States for the
use and support of the public schools
3. OF lands and other property which
may hereafter be begue ithed, granted
or donated to the state or generally for
school purposes; 4, All funds or proper
ty (other than unimproved Iands). be-
queathed 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