St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-08-29


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 5. Be it further enacted, etc, That
the City Of New Orleans shall be and It is
hereby authorized and empowered TO expend
the proceeds of said bonds for the constitute
tion 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 the
purchase of locomotives switch engines, ears
and other necessary rolling stock; for the
payment of property purchased or appropriated
for the purpose of laying tracks, sidings,
switches, spurs. crossoyers, 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 fugpoats ana
other property Incident ito the operation OF a
barge system; and general lily for the purchase
and equipment Ct 5atl property, movable ana nm
movable necessary and proper to construct and
equips said public belt railroad system, and as
an incident thereto barge system.
Section g. Be it fursher enacted, etc., That
there shall be and there is hereby irrevocably
dedicated to the people OF the CITY OF rev
Orleans for perpetual and exclusive pubic use
SAID Pubic Belt tGd4lEOdu 90 Ing
has been heretofore, may hereinafter be estao-
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 seFvitudes, 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 or on
| tbe lands or property on or contiguous to the
| Mississippi river shall continue TO exist IN
impaired until the full payment OF che prin-
| cipal and interest Of the bonds to be issued
| under this Act
| Section T. 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
I 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 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 or commission, which
| shall always be separate and distinct from thai
VI
| leans and no director, officer or employe OF
any State or interstate railroad shall ever bt
allowed to act a 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. u.s.
| or operate the said Public Belt Railroad
System. any part thereof and said Public
BeIt Railroad system shall be and remain thu
sole property of the people OF the City o.
| New Orleans at all times, and shall in nj
way or manner be hypothecated or alien
ated provided. however, that the revenues O.
said Public Belt Railroad of the City o
New Orleans, after the deduction of the ex
penses of maintenance and operation, shall b
and remain pledged for the payment of tn
bonds in principal and interest, the issue o
which is herein authorized; to such extent a
may be necessary under this Act.
Section g. Be 1t further enacted, etc, Tina
all the provisions of this Act shall constitut
a contract between the holder OF the bond
issued Hereunder the State of Louisiana, tn
City of New Orleans and the Board of Com
mfssioners of the Port of New Orleans.
Section 0. Be it further enacted, ETC.. Tha
at the congressional election to be held Il
this State on the first Tuesday, after the frs
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:
1.-The City of New Orleans shall be an
thorized and empowered to issue two millio
$1,000, 0O0.00) dollars of bonds, to be know
! as PUBIC Belt hallFOdu BONUS Gl IHe lily u
New Orleans for the purpose and under tn
provisions and conditions set forth in the Ac
of the Legislature adopted to that end an
for that purpose, at the regular session OF til
Louisiana General Assembly for the year 1905
which said Act is hereby ratified and approved
and all provisions of the Constitution of tn
t State in conflict with the provisions of sal
: Act and of this amendment. are to that e1
tent and for that purpose only repealed
] Section 10. Be it further enacted. etc, Thf
, on the official ballots to be used at said ele
ton shall be placed the words. "For the Pul
lie Belt Railroad Bond Amendment and tn
words: Against the Public Belt Railroad Bon
t Amendment; and each elector shall indicate h
! vote the proposed amendment as provided
t the general election laws of the State.
= II. G. DUPRE,
Speaker of the House of Representative
P. NJ. LAMBREM0NT.
Lieutenant Governor and President of IL
= Senate.
e Approved July 8, 1908.
e J. Y. SANDERS.
: Governor of the State of Louisian
e A true copy
: JOHN T.. mitchell,
Secretary of State.