St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1908-09-26

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 deslg-
mated by the City of New Orleans.
Section 5. Be 1t further enacted,-etc., That
the City of New Orleans shall be and 1t Is
hereby authorized and empowered to ezpend
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 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 Tor the
purchase of locomotives, switch engines cars
and other necessary rolling stock; Tor the
payment of property purchased or appropriated
for the purpose Of laying tracks. sidings
switches, spurs, crossovers, etc., or Tor the
erection OF necessary structures and buildings
incident to railroads; for the purchase or ex-
listing roadbeds tracks, switches, sidlngs' CROSS
overs. for the appropriation OF the same
for the purchase of barges and tugboats ana
other property incident to the operation OF
barge system: and generally for the purchase
and equipment of all property, movable ana iii,
movable necessary and proper to construct ana
equip said public belt railroad SYSTEM ana Is
an incident thereto, barge system.
Section G, Be 1t further enacted. etc. Tint
tbere shall be and there is hereby 1rreVocaoy
dedicated to the people Of the City OF Ne"
Orleans for perpetual and exclusive puohc use
said Public Belt Railroad System, as the same
has been heretofore or may hereinafter be estaD-
lished by the City Of New Orleans tine title ana
use to which said public belt railroad system
shall be and shall forever be IN the people Vi
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
| Mississnni river shall continue to exist I'M
| impaired until the full payment OF the prln,
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
1 lied nv the City of New Orleans, the members
| of which shall be appointed by the Mayor or
| 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 ana development
| NJ the Public Belt Railroad Of the City of New
Orleans shall be exclusively vested ana re-
| main in such board commission. which
| shall always be separate and distinct from that
| of any railroad entering the City or New VI
| leans and no director, officer or employe OF
| any state or interstate railroad shall ever be
| allowed to act as member OF said commission
or as 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
Rolf Railroad system shall be and remain the
sole property of the people of the City OF
New Orleans at all times. and shall IN nc
way or manner ever be hypothecated or alien
no
said public Belt Railroad of the City OF
New Orleans. after the deduction OF the ex
penses of maintenance and operation, shall bt
and remain pledged for the payment OF ms
bonds in principal and interest, the issue Of
which is herein authorized; to such extent al
may be necessary under this Act.
Section 8. Be it further enacted. ETC., Tina
. | all the provisions Of this Act shall constitute
a contract between the holder Of the bond
issued Hereunder, the State of Louisiana, TIT
CITY of New Orleans and the Board Of Com
missioners of the Port of New orleans,
Section 9. Be it further enacted, etc., Tina
at the congressional election to be held u
, this State the first Tuesday. after the mrs
Monday in the month of November 1905
the following amend lent 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
thorfzed and empowered to issue two mill1o
| e, 600, O00. O0) dollars of bonds, to be know
! as Public Belt Railroad Bonds of the City o
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 tn
Louisiana General Assembly for the year 1905
: which said Act is hereby ratified and approved
, and all provisions of the Constitution of tn
= State in conflict with the provisions of sal
Act and of this amendment, are to that el
: tent and for that purpose only repealed
Section 10. Be it further enacted. ETC.. Tina
u on the official ballots to be used at said elet
y ton shall be placed the words ''For the Pull
: lie Belt Railroad Bond Amendment" and th
words against the Public Belt Railroad Bon
: Amendment; and each elector shall indicate h
= vote on the proposed amendment as provided
y the general election laws of the State.
L 81. G. DUPRE.
Y Speaker Of the House of Representative
: P. NJ LAMBREMONT.
; Lieutenant Governor and President of II
" Senate.
,, Approved July s, 1908.
e J.. Y. SANDERS.
Governor Of the State Of Louisian
- true copy.
e JOHN T. MICHEL,
Secretary of State.