St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-10-17

two az mills tax in the last year of Its levy
shall exist such surplus shall be dedicated
to works of public Improvement to be oeslg-
mated by the City Of New Orleans
Section s. Be it further enacted, ETC.. That
the City OF New Orleans shall be and 1t Is
hereby authorized and empowered to expend
tie sproceeds of said bonds for the cohstrue,
ton and equipment of a Public Belt Railroad
system in and for the City of New Orleans.
including tracks sidings, switches, spurs
crossovers and all appurtenances ana accessor-
les thereto; the building Of depots, roundhouses'
warehouses, sheds, stations, signals ana Gil oth-
er necessary structures incident to the con-
struction and equipment of railroads, Tor the
purchase of locomotives, switch engines cars
and other necessary rolling stock; Tor the
payment of property purchased or e1propriated
for the purpose of laying tracks. sidinEs'
switches spurs, crossoVers, etc, or for the
erection of necessary structures and buildings
incident to railroads; for the purchase OF e1-
listing roadbeds tracks, switches, sidings, cross
overs or for the appropriation of the same;
for the purchase of barges and tugboats ana
other property incident to the operation OF
barge system; and generally for the purchase
and equipment Of all property, movable ana I'M
movable, necessary and proper to construct and
equip said public belt railroad system, and as
an incident thereto, barge system.
Section 6, Be it further enacted, etc, That
there shall be and there is hereby irreVoeablT
dedicated to the people of the City OF New
Orleans for perpetual and exclusive public use
said Public Belt Railroad System, as the same
has been heretofore, or may hereinafter De estaD-
lished by the City of New Orleans, the title ana
use tn which said public belt railroad system
shall be and shall forever be sn the people OF
the City of New Orleans.
That all laws. servituies, privileges and
rights in favor of the State or Louisiana, the
City of New Orleans and the people OF the
City of New Orleans, now existing In or on
the lands or property on or contiguous TO the
Mississippi river shall continue to exist I'M
impaired until the full payment of the prin-
cipal and interest Of the bonds to be issued
under this Act.
Section Z Be II further enacted etc. That
the City of New Orleans shall construct. equip,
maintain and operate said Public Belt Rail-
road System of the City OF New Orleans
through and by means of such board or COM
mission as may have been or may be organ
ICED by the City of New Orleans, the members
of which shall be appointed by the Mayor OF
the City of New Orleans, with the consent
Of the Council. the powers, duties and func-
lions of which shall be prescribed by the City
OF New Orleans. The City of New Orleans
shall always have the power and authority
to make such changes in the location of the
tracks and roadbed of the Public Belt Railroad
System as may by said city be deemed neces-
saFy or proper. The control, administration.
management and supervision of the cOnstruc-
ton maintenance. operation and development
of the Public Belt Railroad of the City of New
Orleans shall be exclusively vested and re-
main in such board or commission, which
shall always be separate and distinct from that
leans, and director. officer or employe OF
any State interstate railroad shall ever be
allowed to act as a member OF said commission,
or as an officer of the Public Belt Railroad
or be employed by said Public Belt Railroad
and no rights or privileges shall be granted
to any railroad company to control. manage use
or operate the said Public Belt Railroad
System, or any part thereof, and said Public
Belt Railroad System shall be and remain the
sole property of the people Of the City of
New Orleans at all times, and shall in nc
way OF manner ever be hypothecated or alien
ated provided. however. that the revenues OF
said Public Belt Railroad of the City OF
New Orleans after the deduction Of the ex
penses OF maintenance and operation. shall be
and remain pledged for the payment of the
bonds in principal and interest, the issue OF
which is herein authorized; to such extent AZ
may be necessary under this Act.
Section 8. Be it further enacted. etc, That
all the provisions of this Act shall constitute
contract between the holder of the bonds
issued Hereunder, the State Of Louisiana, the
| City OF New Orleans and the Board of Com
mssioners of the Port of New Orleans.
Section 8. Be it further enacted. etc, That
at the congressional election to be held ir
this State on the first Tuesday, after the first
Monday In the month of November, 1908
| the following amendment to the Constitution
| of the State OF Louisiana shall be submit
| ted to the electors to wit:
1.-THE City of New Orleans shall be au
| thorized and empowered to issue two million
!. q, 000, 0000O) dollars of bonds, to be known
] as Public Belt Railroad Bonds OF the City 0l
| New Orleans for the purpose and under the
| provisions and conditions set forth in the Act
| Of the Legislature adopted to that end. ant
| for that purpose, at the regular session OF thE
Louisiana General Assembly for the year 1905
| which said Act is hereby ratified and approved
| and all provisions Of the Constitution of tht
| State in conflict with the provisions of sale
| Act and of this amendment, are to that ex
| tent and for that purpose only repealed.
Section TO- Be 1t further enacted, etc. Tha
| on the official ballots to be used at said cleo
| ton shall be placed the words. ''For the Pub
! lie Belt Railroad Bond Amendment. /" and the
| words: Against the Public Belt Railroad Bont
| Amendment; and each elector shall indicate his
| vote on the proposed amendment as provided BY
| the general election laws OF the State.
| II. G. DUPRE.
Speaker Of the House of Representatives
P. NJ. LAMBREMoNT.
Lieutenant Governor and President of tbs
Senate.
Approved yuly 0, 1908.
| Y. SANDERS,
Governor Of the state Of Louisiana
true copy.
JOHN r. MICHEL.
| Secretary Of State.