The weekly Iberian. (New Iberia, La.) 1894-1946, 1907-05-25
AN ORDINANCE

VIM tIeSVlVU ~ NVe Wy W w
Iberia, Louisiana, upon the pet
ton Of more than one third I
the property aNpaycis Of sal
City entitled 10 vote ueuuostiD
the same TO take the sense Of I'll
property tax payers Of said CT
on u proposition granting 10 lib
New Iberia st. Martin \ Nortl
ern Railroad Company u tire
: and one half mill tax. or 80 niue
OF such three one half mill tax q
may he necessary, foI the pcIio
OF ten years to raise eight thous
and i've hundred dollars. per III
mum, TO pay a bonus Of not NOR
than eighty five thousand dollar
under the terms and ~ bicct to III
limitations placed IN the pctitlo
for said election.
Whereas q petition having bee
received from the property Ia
payers residing in the CITY Of New
iberia entitled TO vote 1T apecia
elections called according to law
to levy special taxes ~ aid o
railway enterprises AZ i
provided in Article 27O Of the Con
stitution and Act 2N2 of 1898; an,
said petition having been sigmet
by y number Of property tax pay
ets residing IN said City and qnalit
ed to participate in sand election
far In excess Of one third in numl",
a. was acertaincd by the exam,n
alton Of the said petition and the
assessment roll of SAID City fOl
the year 1906, and the words and
terms Ut which petition as well as
the signatures thereto annexed
are ~ follows:
To Tine HONORABLE MAYOR AND BOARD
Or TRUSTEES.
Or 1'nn Cry o. NEw IBERIA, la: ~
NJ ~ uo6ersigncd property tax
payofa " ~ City Of New iberia, State
therein upon the proposition herein
AFTER menttQ1cd, respectfully petition
aud mcmOrialize your Honorable Body
10 order a 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 levyinE a tax
10 realize the sum Of Eight Thousand
Five Hundred Dollars $500 per year
for the period Of ten wears, beginning
with the year 1909 and extending to
aud incluiing the year 1918. in favor
Of the New Iberia 81. Martin K North
err Railroad Company; the full amouI
" be realized by taxation being e
sum Of Eighty Five Thousand 81.
lars (&R5, OOO); to be levied, coll etcd
aud paid In ten annual pavmeths Of
Eight Thousand Five HnndrSN Dol
lars (AS, 500 each; TO be paif to the
Nav lberia.St. Martin Il Northern
Railroad Company; said amount Of
ts.50o per wear for the pepod of ten
years 10 be raised by theievy and i'm
position or tax Of 81, mills per annum
fof said period Of ten wears beginning |
Win the year 1909 and extending to
and including the year 1918, or 20
mach Of such 81 mills az may lie nee
essary 70 raise during each year Of
said Yen years the sum Of $500 per
year until the full amount Of $50, 900
has been raised; said tax OF 81 mills
y b thus levied aud collected for the
beaeSt aud In favor Of said Railroad
Company. m q consideration and IN
llucenent for the said Railroad Com
panv 70 do and perform all the follow
|ng, te-wN:
flRar: -Tbc main line Of said rail
Rad shalt be built firm some point In
he city Of New Iberia 10 or beyond
Port Barre, IN the Parish Of St. Ian.
Try, and meeting and connecting with
he Opclousas, Gulf 4 North .Eastern
railroad and with the Colorado South
en Railroad.
SnCoND:- The said railroad shall
: bailt and completed ~ line In.
ependent Of the Southern Pacific
.ailroad, or any railroad owned or
psrated BY the Southern Pacific. II
TnlRD The said railroad line /
Iall be in operation on or before the :
- day Of March, 1907. between the q
hats herein above rcclted; provided, c
Iet 10 the event guarantees. cpidem- g
J. strikes. lockosts and litigation, re !
Iding the completion aud putting 10 o
)ofation Of said road. and other un- ),
reeen circumstances Of 4 nature 70 <
lard the construction Of said railroad !.
4 bsyoad the control Of the Sail =
~ lberia.St. Martin & Northern n
liiroad Company, then there shall { {
added 70 the period for the buildilG =.
md Railroad o above net ont a
4hsf delay equal 10 the time dur :.
! which the construction or said =.
lroad was thus unav0idably delayed. \.
FouRrm:-The domicile of the said !.
= lberia.St. Martin & Northern n,
broad Company shall be main hv
"a n the city Of New Iberia. and a
aid & extend its construction and ~
nirs The creation Of divisional points !.
! tAay shall mako New Iberia -,
lsioaal point aud continue to 30 I'm
. Il during the life Of this tax. ~
EIprn:-The said New Iberia-St. | ina
II = Northern Railroad COMPANY Cit
! operate and maintain. within ant
nonths ftom March first, 1909, one ami
pasoenger train handling mail an(
EXPIRES. Ices