St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-09-12

two (2) mills tax in the last year Uf its levy
shall exist. such surplus shall be dedicated
to works of public Improvement to be desig-
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
the proceeds of said bonds for the construc-
ton and equipment of Public Belt Railroad
System in and for the City of New Orleans,
including tracks, sidngs. switches, spurs,
crossovers and all appurtenanccs and accessor
les thereto; the building of depots roundhouses,
warehouses. Sheds stations signals and all oth-
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. sldings,
switches, spurs, crossoVers, etc, or for the
erection of necessary structures and buildings
incident to railroads; for the purchase OF ex-
listing roadbeds, tracks, switches, sidings cross
overs. or for the appropriation of the same;
for the purchase of barges and tugb0ats and
other property incident to the operation Of
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, and as
incident thereto, a barge system.
Section g. Be it further enacted, etc, That
there shall be and there is hereby irrevocably
dedicated to the people Of the City Of New
Orleans for perpetual and exclusive public use
SAID PUBIC Belt RallfOdu HySleLu dS the Same
has been heretofore, or may hereinafter be estab-
lished by the City Of New Orleans the title and
use to which said public belt railroad system
shall be and shall forever be in the people of
the City of New Orleans.
That all laws servitudes privileges and
rights in favor of the State of 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 T. Be it 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-
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 interstate railroad shall ever be
allowed to act 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
| all &ir1nc md ha n M
way or 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 as
may be necessary under this Act.
Section s. Be 1t 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
| missioners of the Port of New Orleans.
Section q. Be it further enacted, ETC.. Thai
| at the congressional election to be held II
| this State 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:
''The City of New Orleans shall be au
| thorized and empowered to issue two million
| C20OO 600 O0) dollars Of bonds, to be known
! as Public Belt Railroad Bonds of the City Of
New Orleans for the purpose and under thu
provisions and conditions set forth in the Ac
of the Legislature adopted to that end ant
! for that purpose. at the regular session Of th'
Louisiana General Assembly for the year 1908
which said Act is hereby ratified and approved
| and all provisions of the Constitution of thu
| State in conflict with the provisions of salt
! Act and of this amendment, are to that ex
| tent and for that purpose only repealed.
Section 10. Be it further enacted, etc. Tina
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 thu
words: against the Public Belt Railroad Bon'
Amendment" and each elector shall indicate hi
vote the proposed amendment as provided b!
| the general election laws of the State.
| II. G. DUPRE.
Speaker Of the House of Representatives
| P. NJ LAMBREMONT.
| Lieutenant Governor and President of tn
Senate.
Approved July g. 1908.
! J. Y SANDERS,
| Governor Of the State of Louisiana
true copy.
JOHN r. MICHEL,
Secretary of State.