St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-09-19

two .(2) mills tax in the last year of 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 aud 1t is
hereby authorized and empowered to expend
the proceeds Of said bonds for the construc-
ton and equipment of a Public Belt Railroad
System in and for the City of New Orleans.
including tracks. sidings, switches, spurs,
crossovers and all appurtpnances and acceSsor-
les thereto the building of depots. roundhouses.
warehouses. sheds, stations. signals and all 9th
necessary structures incident to the con-
struetion 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, sidings,
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 and
equip said public belt railroad system, and as
an incident thereto, 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 or New
Orleans for perpetual and exclusive public use
said Public Belt Railroad System, as the same
has been heretofore, or may hereinafter be estab-
lished by the City Of New Orleans, the title and
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 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 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 crgan-
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 may by said city be deemed neces-
sary or proper. The control administration.
management and supervision of the e0nStruc-
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
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 member of said commission,
or as an officer of the Public Belt Railroad,
or be employed by said Public Belt Railroad.
and no rights 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
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 g. 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 8. Be it further enacted, etc. That
mt the congressional election to be held ir
this State on 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:
1.-The City Of New Orleans shall be au
thorized and empowered to issue two million
$4,000, 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. ant
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 tbs
| 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. Tha
| on the official ballots to be used at said elec
ton shall be placed the words. ''For the Pub
| lie Belt Railroad Bond Amendment" and the
words: Against the Public Belt Railroad Bono
| Amendment; and each elector shall indicate hi:
| vote the proposed amendment provided BY
| the general election laws of the State.
H. G. DUPRE.
Speaker of the House of Representatives
| P. NJ. LAMBREMONT.
Lieutenant Governor and President of thu
| Senate.
Approved July 3. 1908.
! Y SANDERS,
Governor Of the State of Louisiana
A true copy.
| JOHN 7. MICHEL,
Secretary of State.