The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-09-01

IN the proposition submitted to the tax
payers. No bonds shall lie issued for any
other purpose than stated in the submis
sion of the proposition to the taxpay-
rrs ana published for thirty DAYS. as
aforesaid, nor for Il greater amount than
| therein mentioned: nor shall such bonds
! be issued for any other purpose than
for paving and improving the streets.
roads and alleys, purchasing or con
structing systems of waterworks. tever-
age. drainage, lights. public parks and
buildings, bridges and other work of
public improvement, the title n which
shall vest in the municipal corporation.
parish, school, drainage or sewerage lis
tricts, as the case may be, nor shall such
bonds run for Il longer period than forty
years from their date or bear u greater
rate of interest than five per cent per
annum, or be sold by the municipal cor
poration. parish, school district, drain
age or sewerage district issuing same for
less than par.
| The municipal corporation. parish,
school district. drainage. or sewerage
! for the payment Of the interest annu-
ally. ar semi-annually, and the principal
thereof at maturity. provided that the
total issue of bonds by anT municipality,
: parish. school. or sewerage district tor
all purposes shall never exceed ten per
cent of the assessed value of the proper
~ IN such municipality. parish, schools
or sewerage districts; provided that 3nu-
nicipal councils shall have authority IL
create within their respective limit, one
"r more sewerage districts; provided
thai nothing herein contained shall pre-
Vent drainage districts from being cs-
tablished under the provisions Of exist
ing laws. and that all drainage districts
established under the laws of this State
shall. in addition to the powers herein
above granted. have the further power
and authority to levy and assess annual
contributions or acreage taxes for the
purpose Of providing and maintaining
drainage systems, on all lands situated
in such districts not exceeding twenty
FIVE go cents per acre for a period
not to exceed forty (40) years when ail-
thorlzed to do SO by a vote of Il ma oritv in
number and amount Of the property tax
pave" OF said districts qualified rs electors
under the laws of this state, voting at
IN election held for that purpose as pro
vi,lcd i'll the first part of this article and
said drainage districts. through the
boards Of commissioners thereof may
incur Indebtedness and issue negotiable
bonds therefor payable III principal and
interest out of and not to exceed ia prin-
cipal and interest the aggregate amount
TO lie raised by said animal contributions
during me period for which the same are
levied. No such drainage bombs thall
hc issued for any other purpose than
that for which SAID contributions were
voted and shall not run for q longer pc
rod han forty wears from their date,
nor bear II greater rate of interest than |
five per cent per annum nor he sold I
for less than par.
All contributions and acreage taxes t
heretofore authorized by Il vote of a
ma iority in number and amount of the |
property taxpayers qualified to vote I'M
held in drainage districts organized un-
der existing laws are hereby ratified and
and their validity shall no,
be questioned.
Section >. BE it further resolved,
That the official ballots to be used ut
said election shall have printed thereon
the words: For the proposed amend
10 4 r4. h. |
relative to drainage districts, - and the
words Against the proposed amend
ment to Article PSI Of the Constitution
relative to drainage DISTRICTS and each
rlector shall indicate as provided in the
general election laws of the State wheth-
Pr he votes for or against the proposed
p. NJ. LAMBREMONT.
President Pro Tenn of the Senate.
j. W. HYAMS,
Speaker of the House of Representa-
tives.
Approved July 9th. 1906.
NEWTON &. BLANCHARD.
Governor of the State of louisiana
true copy:
JOHN r. MICHEL,
Secretary of State.
ACT NO. 1877
BY Mr.. Wimberly. House Bill No. 1l6.
JOINT RESOLUTION.
amendments to Articles 9S, -.
100. JOG and l3l, and proposing the
repeal of Article l05. of the Consti-
tuition of the State of Louisiana. rcla
tive to the judiciary department.
Section l. BE it resolved. hv the
General Assembly of the State Of Louis
ana, two thirds Of all the members
Elected TO each House concurringi That
Article IS of the Constitution - thu