The southern sentinel., 1908-09-04
ACT No 500.
- Bill No. $40. By Mr.. Smith.
yOINT RESOLUTION

ACT No. 500.
=. Bili No. $40. BY Mr.. Smith
yOINT RESOLUTION
rroainx an amendment to Article
~ Hundred and Eighty-one tzsD
- - Constitution of the State of
lIriniana, relative TO the issuance of
S~11s for work Of public improve
- by municipal corporations. par
<nnn and drainage districts. and the
nossment of special taxes to pay
~ mme.
Srfioa i. Be IL resolved by the Gen
- Assembly Of the State OF Louisi-
- fwo-thirds t2-5D Of all the MEM
x G1ected TO each House concurrfng.
~ Article Two Hundred and Eighty
~ {231) Of the Constitution Of the
- 81 louisiana. be so amended a.
= I'D ~ follows:
{r71c,e Isl. Municipal corporation.
80 school drainage or sewerage
1-r1tcts of the City of New Orleans
noncfed when authorized to do so. by
ne Of the majority In number and
nounf Of the property taxpayers
mEfied as electors under the Consti-
<eica and laws of this State. voting a.
= section held for that purpose. after
: notice of said election has been
1o<zHhed for thirty t3o) days in the
0IcIal journal OF the municipality or
mr1uh and where there is no official
hunxl in 4 newspaper published
01r<3r- may incur debt. and issue ne
0<t1ble bonds therefor. TO the extent
4Uo-tenth 1-l0) Of the assessed val
w<1rm of the proDerty within said mu-
mr1nl corporation. parish. school. or
Gr1nngo or sewerage district. as shown
~ lakt assessment made prior to
~ mbmission of the proposition to
~ 1roperty taxpayers. as above pro-
~ and may be authorized by the
WDGrty taxpayers voting at said elec-
111o levy and assess special taxes
- tie property subject to taxation
~ parish. school. sewerage or
1nGo district or corporation. pro-
MD taxes so imposed do not
- i've ts) mills on the dollar Of
geDod valuation In any one (1)
~ run for a greater number OF
@<0An the number named In the
Ton submitted TO the taxpayerA
41uGs shall be issued for any 9TH
80 than stated In the submis-
Ne proposition to the taxpay-
puohshed for thirty days (30l
Ma nor for a greater amount
U1f<in mentioned: nor shall such
ooued for any purpose than
80 and improving streets.
- alleys. purchasing or con-
-systems" Of water-works,
oFainage. lights. public parks
s1nes. bridges and other works
e Improvement. the title 70
~ vest In the municipal cor
yaxtsh. school. sewerage or
oootytcts. a. the ease may -:
euch bonds run for q longer
- forty (<e) years from their
Ueer greater rate Of interest
tsl per cent per annum. or be
9nnicipal corporation. par
efatnage OF sewerage dis
IA nxmR for lQaa thar
.eeipal corporation. parish.
werAge or drainage district
1oeA bonds shall provide fos
ent OF the interest annually.
.neaiiy. and the principal
n4turfty: provided. that the
o. bonds by any municipali-
echool sewerage or drain
LOT all purposes. shall new
en tlol per cent Of the as
OF The property In such
Iy. parish. school. sewerage
district. Provided that
c0onciis shall have authority
Suhin their respective limits
ore sewerage Districts; and
sSner. that nothing herein
,aau prevent drainage dts
ee1ng established under the
~ ~ existing laws. and that all
ssstr1cts established under the
STATE shall, In addition to
aerefnabcve granted. have
power and authority to
S<.Sss annoai contributions or
the purpose OF pro-
y, aAintaining drainage sys-
senes situated In such dis
eeoinS twenty-five (3sc)
eSfe Tor a period not to ex-
yss) years when AUTHORISED
vote of a majority In
snount of the property tar
~ district qualified az elec-
tne laws of this State, vot-
tion held for that purpose
SS :. me nrst part OF thfs ar
~ ssio drainage districts
boards of Commissioners
incur Indebtedness and Is
Ste bonds therefor payable
and interest out Of. and
IA principal and Interest.
amount to be raised by
contributions during the
Snlch the same are levied.
<sZnaee bonds shall be issued
n1S. purpose than that for
contributions were voted
- run Tor longer period
~, years from their date,
<k.ester rate of interest than
<oan par.
putions and acreage taxes
q, Snofized by a vote of q
number and amount OF the
payers. qualified to vote
Avs OF this State at elec-
drainage districts organ
~. existing laws are hereby
~ confirmed. and their va
NOT be questioned
mat for the purpose Of re-
Total rate Of special taxa
paI corporations. parishes
sewerage or drainage dis
authorized to do so as
Tor the issuance of honda
~ beads covering any par