The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1906-09-15

l"n IT The proposition TO the taXpay-
"Es an. published for thirty days, ~
1ie:e5Aid, nor for a greater amount than
herein ,nentioned; nor shall such bonus
ho issued for any other purpose than
| "a" i,"ylng and improving the streets
! 's".:s and alleys, purchasing or con
! -1rNcting systems of waterWorks. sewer
age, drainage lights. public parks and
! huIIdings. bridges and other work of
,'nhiic Improvement, the title N which
s!.&n vest in the municipal corporation.
! parish, school. drainage or sewerage dis
! tricts. rs the ease may be, nor shall such
bonds run for a longer period than forty
| wears from their date. or bear greater
rate of interest than five per cent per
annuln. 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
district issuing such bonds shah provide
tyr the payment of the interest annu-
ally. ar scnli-annually, and the principal
thereof at raturity, provided that the
total issue of l6nds by any municipality.
tr>h. school, or sewerage district for
i. 1elraeeos shall never exceed ten per
cent IF the assessed value of the proper
# in sach municipality. parish, schools
a. sewerage districts; provided that mu-
a;rj;aI c:uncils shah have authority 70
create uit&in their RESI- ertiye limits one
or more sewerage distriets provided
that nothing herein contained shall pre-
vc"t drainage districts from Icing es-
,"l!i>hcd under the provisions of exist
az laws, and that all drainage districts
established under the laws of this State
STALL. III addition TO the powers herein
above granted, have the further power
and authority to levy and assea = annual
contributions or acreage taxes. for the
purpose Of providing ana maintaining
drainage systems. On all lands situated
IL StjoE districts not exceeding twenty
five co cents per acre for Il period
not 10 exceed forty (4ol years when au
t!.oiiZed to 10 50 by a vote Of 4 ma ioritv in
nQnlcc and amount Of tile property tax
pave" Of said districts qualified as electors
Under The laws If this state. voting al
m election held for that purpose as pro
vijcd i'll the first part Of this article. and
sail drainage districts. through the
boards Of commissioners thereof. may
incUr indebtedness and issue negotiable
bones therefor payable in principal anil
interest ont of and not TO exceed in prin-
c!la! ard interest the aggregate amount
II lie raised by said annual contributions
dining me period fer which the same are
leyic,i. No such drainage bonds shall
he issued for any other purpose than
t.l:.t for which said contributions We're
votes! and shall not run for Il longer pc
Rod ,!.a:i Forty wears from their date,
aor bear q greater rate of interest than
tHe per cent per annum nor be sold
Tor less than par.
Al contributions and acreage taxes
heretofore authorized by vote Of
ma. ,oritv in number and amount of the
property taxpayers qualified to vote I'M
Ter the laws of this State at elections
held in drainage districts organized I'M
Ger existing laws are hereby ratified and
confirmed. and their validity shall not
be questioned.
That the official ballots to be used at
said election shall have printed thereon
the words: - For the proposed amend !
plent to Article PSI Of the Constitution |
relative to drainage Gistricts.' and the |
words Against the proposed amend
ment to Article PSI Of the Constitution
relative TO drainage districts.'' and each
elector shall Indicate as provided in the
general election laws of tie State wheth
er lie vetcs for or against the proposed |
amendment.
I. NJ. LAMBnEMONT.
President, Pro Tenn Of tie Senate.
!. ". IIYAMS.
Speaker Of the House Of Representa-
tives.
Approved July 9th, 1906.
NEWTON {. BLANCHARD,
Governor OF the State of Louisiana.
y true copy:
JOHN T. MICHEL,
Secretary of State.
ACT No. 1877.
BY Mr. Wimbery. House Bill No. ZIG. |
JOINT RESOLUTION.
Proposing amendments to Articles 90, 90. |
19o, 1o6 and 13l, and proposing the
repeal of Article 105, of the Consti
tuition Of the State of Louisiana, rela-
tive to the Judiciary department.
Section I. Be it resolved, by the |
General Assembly Of the State of Louis
lana. two-thirds of all the member
elected to each House concurring. Tia |
Article 9S of the Constitution of thc
State of Louisiana be amended 50 a.
tc read as follows.