St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-10-03

two az mills tax in the last year of Its levy
shall exist. such surplus shall be dedieated
to works OF public improvement to be desig-
mated by the City of New Orleans.
Section s. Be 1t further enacted. etc., Thaf
the CITY of New Orleans shall be ana 1t Is
hereby authorized and empowered to expend
the proceeds of said bonds for the construc-
ton and equipment of Public Belt Rallroad
System in and for the City of New Orleans
including tracks, sidings, switches, spurs,
crossovers and all appurtenances and accessor-
les thereto; the building of depots, roundhouses,
warehouses sheds, stations, signals ana all oth-
er necessary structures incident to the con
struction and equipment of railroads, for the
purchase of locomotives, switch engines, cars
and other necessary rolling stock; FOR the
payment Of property purchased or appropriated
for the purpose of laying tracks, sldlhgs'
switches spurs, croSsOVers, etc., or LOT the
erection of necessary structures and buildings
incident to railroads; for the purchase OF e1-
listing roadbeds, tracks, switches, sdings, cross
overs. or for the appropriation OF ,ne SAM aed
for the purchase of barges and tugboats ana
other property incident to the operation OF d
barge system; and generally FOR the purchase
and equipment of all property, movable and I'm,
movable, necessary and proper to construct ana
equip said public belt railroad system ana Is
an incident thereto, barge system
Section g. Be it further enacted, ETC., Ihat
there shall be and there is hereby lrreVocapS
dedicated to the people OF the city OF ne"
Orleans for perpetual and exclusive pupHc use
said Public Belt Railroad System, as the same
has been heretofore, or may hereinafter De eslap
lished by the City Of New Orleans. the title ana
use to which said public belt railroad system
shall be and shall forever be An the people Oh
the City of New Orleans.
That all laws. servituies. privileges and
rights In favor of the State of louisiana the
City of New Orleans and the people OF tne
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 prlil,
cipal and interest of the bonds to be issued
under this Act.
Section z Be 1t 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
lied 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 rune
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-
sary 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 commission, which
shall always be separate and distinct from that
of any railroad entering the City of New Or
leans and no director, officer or employe OF
any State or interstate railroad shall ever be
allowed to act as Il 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 anv railroad company to control. manage. use
or operate the said Public Belt Railroad
| System. or any part thereof, and said Public
| Relt 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 or manner 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
| peDses of maintenance and operation, shall bt
| and remain pledged for the payment of the
| bonds in principal and interest, the issue OF
| which is herein authorized; to such extent a:
| may be necessary under this Act.
Section 8. Be it further enacted, ETC., Thai
| all the provisions of this Act shall constitute
| a contract between the holder of the bond!
| issued hereunder, the State Of Louisiana, tbs
! City of New Orleans and the Board OF Com
| missioners of the Port of New Orleans.
/ Section 0. Be it further enacted etc., Tina
| at the congressional election to be held VI
this State on the first Tuesday. after the dps
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:
''The City of New Orleans shall be au
thorized and empowered to issue two million
| e. 600, OO0.OO) dollars Of bonds, to be know
| as Public Belt Railroad Bonds of the City o
| New Orleans for the purpose and under tn
provisions and conditions set forth in the Ac
of the Legislature adopted to that end, am
| for that purpose, at the regular session OF tn
Louisiana General Assembly for the year 1905
which said Act is hereby ratified and approved
and all provisions of the Constitution Of tn
State in conflict with the provisions Of sal
Act and of this amendment. are to that ex
tent and for that purpose only repealed. y
Section 10. 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 tn
words: Against the Public Belt Railroad Bon
Amendment" and each elector shall indicate hi
vote on the proposed amendment as provided b
the general election laws Of the State.
Il. G. DUPRE.
Speaker Of the House of Representatives
| P NJ. LAMBREMONT.
Lieutenant Governor and President of tn
| Senate.
Approved July 3. 1908.
]. Y. SANDERS,
Governor Of the State Of LouisianE
| A true copy.
| JOHN r. MICHEL,
Secretary of State.