The weekly Iberian. (New Iberia, La.) 1894-1946, 1907-05-18
AN ORDINANCE

AN ORDINANCE
An Ordinance oder,pg a 81
cia' election in the City Of Ne
Iberia, Louisiana, upon the pei
ton Of more than one third
the property taxpayers Of sd
City entitled 10 vote Iequestir
the same to take the sense Of Il
property tax payers Of said On
on a proposition granting to II
New Iberia-St. Martin u Nortl
ern Railroad Company ;hre
and one half mill tax, Of so niue
Of such three one half mill tax a
may be necessary, tor the perio
of ten years to raise eight thou.
and five hundred dollars, per al
mum, to pay bonus Of not NOR
than eighty five thousand do. Lar
under the terms and subject to III
limitations placed in the petitlo
for said election.
Whereas a petition having bee
received from the property ia.
payers residing in the CITY Of New
iberia entitled to vote at spccia
elections called according to Law
to levy special taxes III and OF
railway enterprises as il
provided in Article 27O Of the Con
stitutiOn and Act 2O3 of 1898; and
said petition having been signed
by number Of property tax pay
ers residing in said City and qualifi
ed to participate in SAID election
far in excess Of one third innumber
as was acertained by the exanln-
alton Of the said petition and the
assessment roll Of SAID City for
the year 1906, and the words and
terms OF which petition as well as
the signatures thereto annexed
are as follows:
To The HONORABLE MAYOR AND BoARD
OF TRUSTEES.
Or THE CITY Or New berry La:
We, the undersigned property tax
payers Of the City of New Iberia, State
Of LOUISIANA. and entitled to vote
therein upon the proposition herei9
after mentioned. respectfully petitid1(
aud memorabilia your Honorable Bq6
to order special election according to
law Of the property taxpayers of the
City Of New Iberia, State Of Louisiana.
entitled to vote under the Constitution
and laws of the State of louisiana; the |
object and purpose of such election
being for the purpose Of levying tax
to realize the Of Eight Thousand
Five Hundred Dollars $500 per year
for the period Of ten years, beginning
with the year 1909 and extending to
and including the year 1918. in favor
IF the New Iberia st. Martin e North
ern Railroad Company; the full amount
10 be realized by taxation being the
sum Of Eighty-Five Thousand Dol.
lars $85, OOO); to be levied, collected
md paid in ten annual payments of
Eight Thousand Five Hundred Dol
ars 81. 5OO) each; to be paid to the
New Iberia.St. Martin & Northern
Railroad Company; said amount Of
- 800 per wear for the period Of ten
'ears TO be raised by the levy and in
,osition Of q tax Of 3K mills per annum
or said period Of ten years beginning .
With the year 1909 and extending to
ind including the year 1918, or SO
mach Of such 311 mills as may lie nec-
ssary TO raise during each year Of
aid ten years the sum of $500 per .
ear until the full amount Of $85 600 :,
10 been raised; said tax Of 80 mills ,
, be thus levied and collected for the !.
enefit and in favor Of said Railroad
Company. as a consideration aud In i,
ucement for the said Railroad Com
any to do and perform all the follow
X. to-wit: :!
FIRsT:-The main lire Of said rail ]
bad shall be built fr.m some point in p'
le city of New Iberia to or beyond y =,
ort Barre; 10 ths Parish Of St. Ian. !,
y. and meeting and connecting with X
e Opelousas, Gulf 4 North. Eastern be
and with the Colorado South = !.
q Railroad. 49, -
SECOND The said railroad shall NJ
J built and completed rs line in. =
pendent Of the Southern Pacific n.
lilroad. or any railroad owned or 0
Grated by the Southern Pacific. y,
TMTRD The said railroad line =.
III be In operation on or before the sn
It day Of March, 1909. between the Or
Ints herein above rec,ted; provided, g
i In the event quarantines epidem- A.
strikes. lockouts and litigation. re- Sin
ding the completion and putting in Or
,ration CT said road. and other un- Jul
Deen circumstances of . nature TO r.;
lrd the construction Of said railroad NJ
beyond the control of the said Ev.
Y Iberia-St. Martin & Northern lott
lroad Company. then there shall > =
ldded 70 the period for the building Rem
md Railroad ~ above set out q 6
her delay equal to the time dur hv
which the construction Of said "a.
Dad was thus unavOidably delayed thu
FouRTn:-The domicile Of the said call
lberia-St. Martin & Northern lbe
road Company shall be main by
d il the city Of New iberia. and day
Id It extend its construction and sha]
Ire tho creation Of divisional points tar
they shall make New Iberia q are
ional point and continue to 60 und
IL during the lite Of this tax. LOT q
'Spra:.- The said New Iberia-St. ing