St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-10-31

two (2) mills tax in the last year of It's 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
tie City of New Orleans shall Oe ana 1t e
hereby authorized and empowered to e1pend
the proceeds of said bonds for the constitute
ton and equipment of a Public Belt Railroad
System in and for the City of New Orleans
including tracks, sidfngs, switches, spurs,
crossovers and all appurtenances and aceessor-
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, Tor the
purchase of locomotives, switch engines, cars
and other necessary rolling stock; fer the
payment of property purchased or appropriated
for the purpose of laying tracks, sidings
switches, spurs, croSsoyers, ETC., or Tor the
erection of necessary structures and buildings
incident TO railroads; for the purchase of ex-
listing roadbeds, tracks, switches sldlngs, cross
overs, for the appropriation OF the same
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 ana 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 irreVocahly
dedicated to the people of the City OF Ne"
Orleans for perpetual and exclusive public use
said Public Belt Railroad System, as the same
has been heretofore, may hereinafter be estab-
Iished 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, now existing In or on
the lands or property on or contiguous TO tne
Mississippi river shall continue to exist IN
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 may by said city be deemed neces-
sary OF 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 or employe OF
any State interstate railroad shall ever be
allowed to act as a member of said commission,
or as an officer of the Public Belt Railroad.
or be employed By said Public Belt Railroad,
ana NO rights OF 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 s. Be it 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
at the congressional election to be held in
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:
"The City of New Orleans shall be au-
thorized and empowered to issue two million
(20OO. O00.00) 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, 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 provided by
the general election laws Of the State.
n. G. DUPRE,
Speaker Of the House of Representatives.
P. NJ. LAMBREM0NT,
lieutenant Governor and President of the
Senate
Approved July Q. 1908
J. Y. SANDERS,
Governor OF the State Of Louisiana.
true copy.
JOHN T. MICHEL
Secretary of State.