Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1908-10-23

| Slty OI new OTle1uS Sudfl Ue tACiu-
sively vested and remain In such
beard OF commission. which shall al
ways &c SEPARATES and distinct from
that of any railrcad Shterihg the
City Of New Orleans, and no direc'
tor, officcr or employee of any State
or Interstate tniIread shall ever te
allowed to act as a meinSsf al said
commission, or as an officer OF The
Pubiic B.lt Railroad. or be employed
by said Public Belt R@ilroad, and no
rights or privileges shall be granted
to any railroad company to control,
manage, use or operate the said Pub
lie Belt Railroad System, or any part
thereof, and said Public Belt Rail.
read System shall be and remain the
SOLE property Of the people OF the
City of New OFleaiis az all times,
and shall in no way or manner ever
be hypothecated or alienated, pro-
vided, however, that the revenues OF
said Public Belt Railroad Of the City
OF New Orleans. after the deduction
OF the expenses 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 as may be necessary
under this Act.
Section s. Be 1t further enacted,
ETC., That all the provisions OF this
Act shall constitute a contract be-
tween the holder of the bonds issuel
| hereunder, the State OF Louisiana.
the City of New Orleans ana the
| Board of Commissioners of the Port
of New Orleans
Section Be it further enacted, etc
That at the congressional election
to be held in this State on the first
Tuesday, after the first Monday in
the month of November, 1908, the
following amendment to the Consti-
tuition of the State of Louisiana shall
be submitted to the electors, to-wit:
The City of New Orleans shall be
authorized and empowered to issue
two million $4,000, OO0.OO) dollars
OF bonds. 70 Re known as Public Felt
Railroad Bonds OF the City of New
Orleans for the purpose and under
the provisions and conditions set
forth in the Act of the Legislature
adopted to that end, and for that
purpose, at the regular session OF
the Louisiana General Assembly for
the year 1908, which said Act is
hereby ratified and approved: and
all provisions of the Constitution of
the State in conflict with the provi-
sions OF said Act and of this amen'-
ment. are to that extent end for that
purpose only repealed"
Section 10. Be it further enact
ed, ETC., lat on the Official ballots
to be used at said election shall be
placed the words, For the Public
Belt Railroad Bond Amendment"
ana the words Against the Public
Belt Railroad Bond Amendment"
and each elector shall indicate lis
vote on the proposed amendment as
prov ided by the general election
IL VS. of the State.
H. G. DUPRE,
Speaker of the House of Represep-
tatives.
P. NJ. LAMBREMONT.
Lieutenant Governor and President
of the Senate.
Approved July 3, 1908.
]. Y. SANDERS,
Governor of the State OF Louisiana.
A true copy.
JOhN T. MICHEL,
Secretary of State.
ACT No. $50.
House Bill No. 1872. By Mr.. Barrett
AN ACT
To authorize the Board OF Com
missioners of the Port of New Or
leans to issue three million, FIVE hun
dred thousand (s3,500, 0O0.0O) dol
lars of five CD per cent. bonds,
which shall be exempt from taxa
ton; to authorize the exchange of so
many of said bonds as may be ne
cessary to retire valid outstanding
obligations of said board, and to pro-
vide for the sale Of the remainder
thereof; to provide for the payment
OF the principal and interest of said
bonds and the disposition of the pro-
ceeds thereof; to define the powers
and duties of the Board of Commits
sioners of the Port of New Orleans
and the Treasurer of the State of
Louisiana in relation thereto; to con-
tinue said Board in existence until
the payment of said bonds; AMI to
submit to the people an amendment
to the Constitution of the State of
Louisiana authorizing the issue of
said bonds and ratifying the provi- |
sions of this Act.
Whereas, the Board of Commits |
sioners of the Port of New Orleans |
created, under the provisions Of Act |
20 Of the General Assembly of the |
year 1896, as amended by Act No. |
SO OF the General Assembly OF the |
year 1900, is vested with the ad-
of the public wharves |
and landings OF the port and har-
Dor OF New Orleans, and charged |
with the duty of extending, improv-
ing and maintaining the same and |
the appurtenances thereto; and
Whereas, said Board of Commits
sioners of the Port of New Orleans
assumed the duties imposed on IL by
law. at the termination of the lease
between the City OF New Orleans
and the Louisiana Construction G.
Improvement Company. on the 29th
day Of May, 1901; and
Whereas. said Board out of It's
revenues has, since said GATE, prac-
tically rebuilt the entire wharf sys-
tenn received from eaii I1ufs;an,