The southern sentinel. (Winnfield, La.) 1883-1910, 1906-10-05
PROPOSED AMENDMENTS
To the Constitution of the State of louisiana to be
Voted on i'm an Election to be Held
Tuesday, November, 6. 1900.

ACT NO. 2.
By Mr.. Dupre. House Bill No. IS.
AN ACT
To authorize and require the City of New
Orleans, through the Board Of Liquidation
of the City Debt, to issue and sell bonds,
which shall be exempt from taxation, for
the payment OF the debt due for salaries OF
school teachers and portresses for the years
1856, 1856 and 1887; to provide for the pay.
ment of the principal and interest OF said
bonds; and TO submit to the people an
amendment OF the Constitution authorizing
the issuance OF said bonds, and ratifying
the provisions of this Act.
Whereas the City Of New Orleans has for
many years. been indebted to her school
teachers and portresses, meritorious body
OF her citizens, for personal services rem.
dered under contract with the Board OF
Directors OF her public schools; and
Whereas the people Of this State, by the pro-
visions Of Article 3l5, 3l6 and sl7 OF the
New Orleans to examine into and assume
the payment Of these debts, and provided
therein for their payment in q manner
then believed to be sufacaent and emca-
cious; and
Whereas, under said constitutional directions,
the city did examine and assume this DEBT,
for the payment thereof was suficient only
to liquidate the assumed Indebtedness Tor
the years 1882, 1883 and 1884, leaving unpaid
1856 1886 and 1887; and
Whereas, the City Of New Orleans did. by
Ordinance No. 2044, New Council Series,
apPrcsed October Isl i \! F;nsnns Come ane
mittee a. due by the School Board OF said
city to teachers for salaries OF school
tssehsTs and s;S s0f sns Of
indebtedness therefor, amounting In the
aggregate to one hundred and seventy-four
Thousand, SIX hundred and s'xty-two
(SI7A662OO dollars: and
Whereas due notice of this Act has been pub
lished in the City Of New Orleans for more
than thirty days prior TO its fntroapc1on
into the General Assembly. and due
evidence thereof has been exhibited in the
General Assembly:
Section l. Be it enacted by the Genera
Assembly of the State of Louisiana, two thirds
of all the members elected to each house con-
curing. That subject to the ratification OF the
PEOPLE or the State of Louisiana, by the
adoption OF an amendment to the ConstiIutlon
Of tie State hereinafter submitted to them the
City of New Orleans shall have power 70 issue,
and il shall be its duty to issue bonds, not 70
in amount, dated January LIST, 1907, bearing
per cent. per annum interest payable se1i-
annually, the principal OF which shall be
payable at the option % the cIy ANY ' Ist
lo27. Said bonds shall be styled Scnooi teach,
ers salary bonds Of the City Of New Orleans"
They shall be OF the denom1nauon o. Uns
money Of the United States, with semi-annnai
interest coupons annexed payable July LIST and
ya.n.y 1T THEY ss9 J, q The s GisV 81 New
Orleans, aud countersigned by the rres,oens
or vice President and Secretary OF the Board
Of Lilo aidation Of the City Debt. They may De
the rules and regulations prescribed By said
Board of Liquidation, and no registered BOND
shall be negotiable. Like other city bonds
minors and curators Of interdicts shall be
authorized to invest the funds IN their hanos
section I. Be IL further enacted, etc, That
q soon Is constitutional authority for the
issuance OF said bonds shall have been Obtained,
Han :a e es Su SeS 6 s = he y
one-haif OF the one per cent debt tax, aevoss sa
TO school purposes, and appropriated by saad
Board 70 cause ssd bonds 70 oe enn I've an. snn
par AID accrued interest. by sealed proposals,
10 the highest bidder, after thirty days adver-
tisementin two papers pnbiished IN the Caty
section / Be 1t further enacted, ETC.. That
the Board OF Liquidation shall. with the pro
eeeds Of said bonds tsae up and g.y the S Ger ih
salaries Of school teachers and portresses o.
the public schools for the years 1885, 1855 ana
1881, under the provisions OF Ordnance no.
1soa With four per cent. per annum on the
principal OF said certificates from said
October LIST, 1903, provided that Tor the put
D0DDB
shaii be allowed after January LIST, 1877. Such
payment must be made only to the persons
named In such certificates, or to their heirs or
lesatees or 70 their duly saenorsea Scunse III
Section { Be It further enacted, etc, That
the principal and interest Of said boads sna "
be paid by preference out Of that one-haif OF
the surplus Of the one per cent debt TAX levied
BY the City Of New Orleans by virtue OF
Article sl4 Of the Constitution OF Louisaana.
the surplus Of said tax, the Board Of Liquida-
ton shali from the one-han apportioned g the
public schools OF New Orleans, withhold. BY
preferences, . sum sufficient to pay the semi
annual interest on said bonds, aud the sinking
fund hereinafter provided for.
AFTER January LIST, 1917, the said Board o.
Liquidation shall, out OF the said one naI
surplus OF said tax apportioned q scnooi
amount TO retire the whole Of said issue o.
bonds, ON or before January LIST, l9H, ana snail,
from time TO time, and ut least once every
By lot the numbers of the bonds to be retired
aS par and accrued interest, and shall advertise
for ten days IN q newspaper punished In
Orleans. the numbers Of said bonds and the
date they win be paid (Which date shali be mot
more than thirty days from the date OF said
sass said sS cease TO
Section 8. Be it further enacted, etc., That
III the substantial provisions Of this ACT shall
constitute . contract between the holders OF
bonds issued hereunder, the State OF Louisiana
and the City OF New Orleans.
Section Z. Be il further enacted, and re-
solved, ETC., That ct the congressional election
to be held In this State, on the FIRST Tuesday
following the frst Monday Of November, 1893,
the following amendment to the Constitution
Of the State OF Louisiana, shall be submitted TO
the electors OF the State. to-wit:
The City Of New Orleans shall have power
and Il shall be it, duty 70 Issue two hundred
thousand dollars OF bonds, known - school
teachers salary bonds,n for the purposes and
under the provisions and conditions set forth
In the special act Of the Legislature adopted TO
that end and for that purpose. at the regular
session Of 1903, which said act II hereby ratified
and approved; and all provisions Of the present
Oonstitution Of the State in conflict with the
provisions Of said act, and With this amend
ment are, TO that extent, and tor that purpose
only, repealed.
Section 8. Be It further enacted, and re-
solved, etc, That on the oficial ballots to be
used u said election shall be placed the words:
FOR the City OF New Orleans school teachers
salary bond amendment;" and the words:
Against the City Of New Orleans school
teachers salary bond Amendmert;n and ench
elector shall indicate his vote on the proposed
amendment as provided In the general election
laws OF this State, ]. W. HYAA6,
Speaker Of the House Of Representatives.