Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1908-10-16

tenance, operation ami development
of the Public Belt Railroad OF the
CITY of New Orleans shall be exclu-
sively vested and remain In such
board of commission, which shall al
ways be separate AMI distinct from
that of any railroad entering the
CITY of New Orleans, and no direc-
tor, officer or employee of any State
or 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 Pub
lie Belt Railroad System, or any part
thereof, and said Public Belt Rail-
road System shall be and remain the
sole property of the people of the
City of New Orleans at 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
bonds in principal and. interest. the
issue of which is herein authorized;
to such extent as may be necessary
under this Act.
Section 8. Be it further enacted,
etc., That all the provisions OF this
Act shall constitute a contract be-
tween the holder of the bonds issued
hereunder, the State of Louisiana,
| the City of New Orleans and the
| Board of Commissioners OF the Port
of New Orleans.
Section 9 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 (s2.000,000.0O) dollars
of bonds, 70 he known as Puplic Felt
Railroad Bends 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
4 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 amend
ment, are to that extent and for that
purpose only repealed"
Section 10. Be 1t further enact
ed, ETC., 7 nat en- the Official ballots
to be used at said election shall be
placed the words, For the Public
Belt Railroad Bond Amendment"
and the words Against the Public
Belt Railroad Bond Amendment: 4"
and each elector shall indicate his
vote on the proposed amendment as
pro, ided by the general election
IL VS. of the State.
H. G. DUPRE, s.
Speaker of the House of Represen-
tatives.
p. NJ. LAMBREMONT.
Lieutenant Governor and President
of the Senate.
Approved July 8, 1908.
]. Y. SANDERS,
Governor of the State OF Louisiana.
A true copy.
JChN Il. MICHEL,
| Secretary of State.
| ACT No. $50.
House Bill No. 152. 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 (s3,500,000.00 dol
lars of FIVE 60 per cent. bonds
which shall be exempt from taxa.
ton; to authorize the exchange of sc
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 o
Louisiana in relation thereto; to con
/. tinue said Board in existence unit
: the payment of said bonds; and Il
, submit to the people an amendmen
to the Constitution of the State o
Louisiana authorizing the issue o
J said bonds and ratfying the provi
, sions of this Act.
Whereas, the Board OF Commits
: sioners of the Port of New Orleans
created, under the provisions Of Ac
: 20 of the General Assembly of tn
year 1896, as amended by Act No
, SO of the General Assembly OF tn
year 1900, is vested with the al
ministration of the public wharve
and landings Of the port and har
Dor of New Orleans, and charge
> with the duty of extending, improv
D ing and maintaining the same an
: the appurtenances thereto; and
e Whereas, said Board OF Commits
I sioners of the Port of New Orlean
: assumed the duties imposed on IL b
: law, at the termination OF the leas
e between the City of New Orlean
c and the Louisiana Construction
Improvement Company, on the 29t