Feliciana sentinel. [volume] (St. Francisville, La.) 1877-1892, 1892-04-16
JOINT RESOLUTION NO.. I10-AMEND-


proposing an amendment to the Con-
stitutlon providing for the funding OF
the bonded debt of the city of New Or !!
leans. ti.cr than Premium Ronds. into |
four per cent bonds; providing spec
ial tax of one per cent. to pay the bon
led debit of the city. and exemptinG the
said fOurper cent. bonds from taxation.
and farther authorizing the sail city to
assume and pay sIvh unpaid claims Of
the Board + School Directors of said
city and parish which i! may iI:!d to be
e.It ilabv due by said Hoard
ShcTIoN J. BIZ. it resolved by the SEN
ate and House of Representatives of the
State of Louisiana. two thirds of al the
members elected to each house cOt1"ir-
ring, FLAT the following amendments to
i;:c Constitution Of the stat" he submit
ted Ia :hc ertorS of the state 1T the
next erection for Representatives for the
Geherai Assembly in the year 1892. for
the pa!IrnSc of retiring the now existing
valid Outstanding i.uiid> o: the city of Nvw
Orleans. Including the bond certificates
or bonds issued under the act of the
Legislature No. 5S of 1852 and 10 retire
judgements now ar hereafter rendered
! against the city on floating debt claims
prior to 1879. entitled ~ he funded UNI
/ der act No. &. of 1854. the said city Of
| New Orleans - hereby authorized and
Directed on a:il afi"v She adoption of
| /. is amendment. I" issue through the
| Beard Of i!Ittid";ion of the C:tT Debt
| tG,.tlS to be k.iow;, rs TIE Unconstitutional
/ l:E.:IS f the City "f New Orleans. not
exceeding len millions of dollars. at tif-
! ~ Years. hearing fn'r per cei.:. per an
n!iH interest. to bear date and be in the
form prescribed by til" Legislatures. The
said bonds shall he applied by the said
| ho:u! 10 the retirement of said 0utStan-
ding bonds and judgements. by the sale
| Of said CONSTITUTIONS! Bonds. ana arpli-
| cation OF the proceeds of sale by the
| Board Of Liquidation. to pay or purchase
/ said outstanding bonds and Judgments.
| or by exchanging the SAIL CONSTITUTIONS
! nj liOn,ls for bonds. on the terms and in
! the mode prescribed by the Legislature.
| For the payment cl the interest and
| principal at maturity. OF said Con-tifH-
| tional Bonds. and other outstanding
| bonds not retired under this amendment.
and for the payment OF til" annual nliot~
mcrts and premiums Of the Premium
Bonds Of said city. the sad city j. here
| by authorized and directed {" levy an
nu,lly. and until the full payment Of
said bonds. Il special tax of ono per
cent. on AL the real and personal prop
! crty of the city. said tax to De parI Of
and not in addition TO the tax OF twenty
! mills and two-tcnths OF Il mill on th'
! dollar of valuation now levied for all
purposes by the city ct NcE; Orleans.
aud the said tax shall l." paid over ~
collected to. and ne applied by the
! Board of I.i9nida ion. TO the payment of
! the Interest and princaEa. At maturity Of
said Constitutional Bands. aud out>tan-
| ding bonds not retired. and to the pay
mcnt of the a!Iotm"E:s of Premium
, Bonds and premiums cHtant. III the
hands of holders.
| Said tax Is hereby declared to he the
! contract right of til. holders OF all sahl
bonds: ANA the exemption of said Con-
s;itu:ion,! Bonds from all taxation by
the City of New Orleans and State If
! Louisiana is hereby recognized and de-
clarrd. and after payment of all the an
! nuaf interest on said Constitutional
Bonds and homd> not retired aud the
! payment OF tie said annual A!lotmrnts
cf Premium Bonds an.! premiums cstan:
| in the hands Of holders. and :iftc: max
| ing provisions for u sinking fund. at
| such time and of such an amount aS the
Legislature prescrihcS. tie surplus of
| said enc per cent. shall be disposed Of ~
( prescribed by the Legislature.
! The act passed ut the present session
No. 3G entitled IAN act I" carry int" eli
feet the unconstitutional amendment pass
cd ut the present session relative to the
lond debt of the City Of New Orleans.
ct,'.. be and ;Shcrcbv approved and con-
, !irned in all its parts a. IL contract be-
| tween the CITY Of New Orleans and The
hol:!er> Of said Constitutional Ponds.
| Premium Hn.:.'S and ST Die bonds ont
standing not retired rs aforesaid.
SECTION y. BE ii further resolved.
etc. Tat III" City OF New Orleans be
and is hereby authorized and empower,
ed to examine into and a>-u.n" the pay
mcnt Of the c:, inns or ohli cations OF the
Board of School Directors for the city
and parish of Orleans due for the years
1850. 1851. 1882. 1883 and 1851. now in
the hands of original owners. who have
in nowiSc parted with their right of ow-
nerslifp or Pied cd the same. rs may he
found to be cauitably due by s1id 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 ut said election
for SAID amendment shall place npon
their ballots the words. .'EEr the city of
New Orleans debt amendment. and all
electors voting ut said election against
said amendment shall place on their
ballots the words. "A gainSt the city of
New Orleans debt amendment
JOINT RESOLUTION NO. l54-AMENp-
NENT No.
..Proposing to submit to the electors of
this State an amendment to article two
hundred twenty mine (229) of the Con-
stiiuion of 1879. relative to Public Ed
ucation.'
SECTION l. BE it resolved by the Ger
erai Assembly of the State of |. ouisianu.
two-thirds of the members elected to
each house concurring therein. That ar
ticle two hundred and twcnty-ninc of
the COnStitut on of eighteen hundred
and sever ty-ninc. be amended and re-
enacted SO as to read as follows. viz:
Article 229-'rhc school funds of this
State shall consist of: l. The proceeds of
taxation for school purposes rs provided
in this Constitution: =. The interest on
the proceeds of all public lands hereto
lore granted by the Nited States Tor the
use and support of the public schools I:
3. OF lands and other property which
may hereafter be bequeathed. granted
or donated to the state or generally for
| srhnnl 4 Ii funds OF