St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-10-24

| two (2) mills tax in the last year of Its lev.
| shall exist such surplus shall be dedicate
| to works of public Improvement to be desig
mated by the City of New Orleans
Section 5. Be it further enacted etc. Tha
| tie City of New Orleans shall oe and 1t 4
hereby authorized and empowered to exDeni
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, sidings, switches, spurs
crossovers and all appurtenances and accessor
les thereto; the building of depots roundhouses
warehouses. sheds. stations, signals and all 9th
er necessary structures incident to the con
struction and equipment of railroads. for thu
purchase of locomotives switch engines. car.
and other necessary rolling stock; for tbs
payment of property purchased or appropriated
for the purpose of laying tracks. sdings
switches, spurs, crossovers, etc, or for tht
erection of necessary structures and buildings
incident to railroads; for the purchase of ex
listing roadbeds tracks, switches, stdings, cross
overs, for the appropriation of the same
for the purchase of barges and tugboats an6
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 anG
equip said public belt railroad system, and as
an incident thereto, q barge system.
Section g. Be II further enacted, etc. Thai
there shall be and there is hereby irrevoeably
dedicated to the people of the City of New
orleans IOE perpetual ana exclusive PUBIC use
said Public Belt Railroad System, the same
has been heretofore, 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 servituies, privileges and
rights in favor of the State Of Louisiana, the
City OF New Orleans and the people of the
City of New Orleans, existing In on
the lands or property on or contiguous to the
fcCiSG mi rIynr chpII nnfltf 70 ESCf
impaired until the full payment of the prin-
cipal and interest of the bonds to be issued
under this Act.
Section Z. Be it further enacted. etc That
the City of New Orleans shall construct. eduip.
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 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 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 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-
shall always be separate and distinct from that
of any railroad entering the City of New Or
leans and no director, officer employee of
any State or interstate railroad shall ever be
allowed to act member of said commission
or as officer of the Public Belt Railroad
or be employed by said Public Belt Railroad.
ana no rights az privileges shall be granted
to any railroad company to control manage. use
operate the said Public Belt Railroad
System any part thereof, and said Public
Belt Railroad 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 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
a 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 o. 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, 1905.
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
1000 000.00) dollars of bonds, to be known
as Public Belt 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 provisions of said
Act and Of this amendment, are to that ex-
tent and for that purpose only repealed"
Section 10. Be it further enacted. ETC.. That
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 the
words: Against the Public Belt Railroad Bond
Amendment; and each elector shall indicate his
vote on the proposed amendment as provided by
the general election laws of the State.
II. G. DUPRE,
Speaker Ct the House of Representatives.
p. NJ. LAMBREMoNT.
Lieutenant Governor and President of the
Senate.
Approved July g. 1908.
,. I. SANDERS
Governor OF the state of Louisiana.
true copy.
JOHN T. MICHEL,
Secretary of State.