The weekly Iberian. (New Iberia, La.) 1894-1946, 1906-09-01

Ho"sc Bill No. r..
nv Mr.. Dnl'r"

n Of ,bc bonds hl b. exempt from taxa
ton payment the debt due OF teachers
mtr,e, years provide the payment Of
principal said bonds to people
atrymg provisions Of this Act
vbeen. Orleans has to
!, teacher r,,trr, bod, citizens for personal
wondered under contract with II" Board public
sctoos;
Whereas people provisions ofA 81,
the
into payment Of prov
payment m a then believed nd cf6ea
Whereas constitutional directions
provision made i" the payment
iquilt 1882
leaving unpaid the assumed Indebtedness
and 1855 and
I'll" CITY of New Orleans did by Ordinance No 2o''
Series approved reported by
Committee d" by the School Board of said
salaries school teachers and p'rrse Tor the years 1885, 1886 and 1887
Of Indebtedness therefor amounting
ls17i dollars
Whereas, been published
thirty days introduction
and exhibited in Assembly:
enacted by the Assembly Louisiana
twothmds all the members elected to each House That subject
the ratification the people OF the state OF louisiana by the adoption
the Constitution Of the state hereinafter submitted to them
% ' NV y, ,,,- ,i :, NOR cont Nov , it nov, nn ; lv
which shall
and January Said bonds shall styled
School o Orleans" They shall
payable
annexed payable july and
January They signed Comptroller City
Orleans and ntcrsd by the President Vice President and Secretary
OF Liquidation City registered
released from registry under the rules and regulations prescribed by said Board
dquin and registered bond shall be negotiable Like other city bonds
they be al and
tutors of minors an" curator" of "teS s'" be authorized " invest the funds
rhands n suchb
Be il further
Liquidation City expense
debt devoted to school appotione by said Board
executed to sell the
less than and accrued interest by sealed proposals. the highest bidder
after thirty days advertisement in published the City of New
Liquidation
with the said bonds take and the certificates issued by the
public schools and 1897. under the provisions of ori
s.i "a .nt 49,, l' "a; ~, m ,, ;, et .hu
aft January SnchI must
to their heirs legae, their duly
counsel upon surrender original
Section principal and interest of
aid bonds shall by out of that one half of the surplus of the
Orleans by virtue of Article 3
1.-THE public school purposes
making each aoonment of the surplus OF said tax the Board of
udaion pporone public
CLEANS withhold preference, sufficient the annual interest
Mmh bonds sinking fund hereinafter provided for
Section Be further enacted That after January lst 1917 the said
bard Liquidation surplus appo
ton" school aside sinking fund sufficient in amount to retire
*shos of bonds and shall from
& time, three months, said fund acumulates
x~ BY lot to be retired and accrued interest
shall advertise for ten days newspaper published each OF cities OF
~ York bonds and the date they will be
~ thirty the date said ade
and " the expiration of sal" date said bonds shall cease to bear mt"
Section further enacted, etc, provision of
holders
sr, the of Iouis andt City Orleans
BE
to be held this State the first tuesday following the hrst Monday
November following Constitution of the State of
~haua shall the electors Of the State towit
The of NcwO power
conditions
to ends and
is
tonst of Inc in
With this that and for that repealed
Section resolved That the official bal
Indicate proposed provided
Of his State
J. w.
Speaker of the House of resenta ives.
J.
Lieuten tGoverno and President of the Senate.
Coverno o. the Stat OF Lousian