The southern sentinel., 1908-09-25
ACT No. 500.

JOINT RESOLUTlON
rrnnoein9 an amen dment to Article
80 Hundred and Eishty-ene (2sl)
- he Constitution of the State of
Irnisiana, relative to the issuance of
8mds for work of public improve
mnnt by municipal corporations. par
1rkes and drainage districts. and the
oucusment of special taxes to pay
6rrfion 1. Be Il resolved by the Gen
= Assembly of the State of Lowsi-
c1r two-thirds (2-3D of all the men,
- olected to each House concurring.
G11f Article Two Hundred and Eighty
- {1S1) of the Constitution of the
n Of louisiana, be so amended as
NM ~ follows:
f1ffc1e ISL Municipal corporation.
nnr1~>es school, drainage or sewerage
etcfs Of the City of New Orleans
I'D. when authorized to do so. by
1ole Of the majority in number and
mt Of the property taxpayers
1EfIea as electors under the Consti-
- and laws of this State. voting at
Il o1<cfion held for that purpose. after
- no<ice of said election has been
11>1loed for thirty t30) days in the
1knI journal of the municipality or
~ and where there is no official
11l In newspaper published
cia. may incur debt. and issue ne
1kle bonds therefor. to the extent
Mmr-tcnth (l-l0) of the assessed val
- Of the property within said mu-
3 - corporation. parish. school. or
Gnogo or sewerage district, as shown
n - last assessment made prior to
- UDufssfon of the proposition 10
81 WoDerty taxpayers. as above pro-
1ID and may be authorized by the
1n1k<y taxpayers voting at said cleo
1r11o levy and assess special taxes
the property subject to taxation
8 - parish. school sewerage or
49, district or corporation: pro-
4 oaid taxes so imposed do not
~ five (s) mills on the dollar of
1u11Sod valuation In any one ID
nof run for a greater number of
1 3an the number named in the
l&t0n submitted to the taxpayers.
ooods shall be issued for any 9TH
poee than stated In the submis-
the proposition to the taxpay-
80 published for thirty days t30)
eeaio. nor for a greater amount
4&feln mentioned: nor shall such
- Issued for any purpose than
ay1ng and improving streets.
ne alleys. purchasing or con-
systems" of water-works.
drainage. lights, public parks
1Q1ngs. bridges and other works
improvement. the title to
'Au vest In the municipal cor
parish. school. sewerage or
oistricts. as the case may be:
~ such bonds run for a longer
1.an forty t4o) years from their
bear greater rate of interest
~ ttl per cent per annum. or be
e-e municipal corporation. par
drainage or sewerage dis
sne same for less than par.
oen1cipal corporation. parish.
Seraee or drainage district
Sncn bonds shall provide for
ynent of the interest annually.
nnuaiiy. and the principal
maturity: provided. that the
u ponds by any municipali-
school sewerage or drain
-. lot all purposes. shall new
ven tlsl per cent of the as
Ulue OF the property in such
parish. school. sewerage
district. Provided that
eo1nciis shall have authority
thin their respective limits
- sewerage districts: and
- lner. that nothing herein
,naii prevent drainage dis
cefng established under the
49, y. existing laws, and that al.
~strlets established under the
otate SHALL In addition to
nereinaboye granted. have
power and authority to
ess annuas contributions or
xes. for the purpose OF pro-
maintaining drainage sys-
Iancs situated in such dis
~ Sxceeoing twenty-five (ascl
@Sfe Tor period not to ex-
wv ears when authorized
= vote of majority IT,
amount OF the property tax
.id district qualified as elec.
kne laws of this State vot-
uon held for that purpose
IN the first part OF this ar
- said drainage districts
6oards Of Commissioner.
incur Indebtedness and is
aoie bonds therefor payablt
and interest out of. ana
IN principal and interest
.te amount to be raised by
contributions during the
nicn the same are levied |
Image bonds shall be issued
xsuer purpose than that for
N contributions were voted
10y run for a longer period
tfo) years from their date
sseater rate of interest than
414n par.
!outions and acreage taxes
= eutnorfzed by q vote of
number and amount OF the
payers. qualified to vote
s1ws OF this State at cleo
y drainage districts organ
existing laws are hereby |
confirmed. and their va
not be questioned.
mat for the purpose OF re- |
total rate OF special taxa
scipal corporations. parishes |
sewerage or drainage dis |
- authorized to do 20 as |
z Tor the issuance Of bonds |
1ew bonds covering any par
o. issues Of bonds. or the 4
anaing bonded tn1sbtedness