The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-08-29

districts: and provided fur
A., nothing herein contained
lns sr.nt drainage districts from
pas,.hlished under the provis.
sristing laws. and that all
.se district established under
~ ~ this State shall. in addi-
.hs movers hereinabove grant
the further power and auth
!" levy and assess annual con-
80 or acreage taxes, for the
a. Of providing and maintain
...,nase systems, on all lands
N such district not exceed
..rtv.fiye (25c) cents per acre
.sriod not to exceed forty (40)
rhen authorized to do SO by a
= majority in number and
ssvof the property tax payers
u district qualified a. electors
ia laws OF this State, voting
action held for that purpose
.sided in the first part of this
and said drainage districts,
4 The Board Of Commissioners
NAV incur Indebtedness and
seeotiable bonds therefor pay
\ principal and interest out Of.
a TO exceed in principal and
the aggregate amount to
~ BY said annual contribu-
hfipg the period for which tine
a levied. No such drainage
shall be issued for any other
!. than that for which said con-
~ we're voted and shall not
e . longer period than forty
wars from their date, nor
4 greater rate of interest than
~ cent. per annum, nor be
II less than par.
uatributions and acreage tax
apfore authorized by a vote of
Riwity in number and amount
property tax payers, qualified
~ under the laws of this State
SajoaS held IL drai:ia ye districts
- under existing laws are
ratified and confirmed, and
uHdity shall not be question
vjded that for the purpose of
- the total rate of special tax
municipal corporations, parish
school sewerage or drainage
=, when authorized to do so
uge shown for the issuance of
nay issue new bonds cover
v particular issue or issues Of
or the whole outstanding
= Indebtedness incurred under,
n the purpose shown in, the
nSagraph of this article. the
~ bonds to be known as Re
l1ue Bonds of political Sub
ID In the year --." Said
Issue Bonds shall run for q
Of forty (4O) years from
lnts, shall not bear a greater
interest than five per cent
mn, payable annually or semi.
h, - the ordinance calling
election may direct, and shall
sold by the municipal cor
=, parish school sewerage or
- district issuing same, for
~ par.
ind Refund Issue Bonds may
~ In whole or in part ex-
4 ior the bonds previously is
der or by authority of this
Value for value, or sold and
ceeds thereof used for the
Of purchasing outstanding
aid elections, If favorable
1uance of said bonds, shall
y 70 cover the same issue or
4 ffequenter intervals than
] years; and each election
only cover any or all unre-
eond isused authorized by
~ In pursuance of the first
= Of this article, but may
- any or all previous re- |
~. And when the bonds OF
= shall have been obtained |
N purchase or exchange, the |
hvied to pay for said bonds
opce cease and said bonds
=. Mocey accumulated, to
q any bonds issue that is
for, or purchased by the
& the sale of, any refund
= shall be credited to the
ead issue and made part Of
! fund.
!. Be it further resolved,
this proposed amendment
Sebmitted to the qualified
TIE State for adoption or
q the presidential and
nal election to be held in
Ninteen Hundred and
Mv06.D II adopted. the same
EFFORT Immediately there
y. :. Be It further resolved,
on the ofiicial ballots to be
"a election. there shall be
words: For the proposed
to Article Two Hundred
yone (281) of the Con-
OF louisiana" and the
ninst the proposed amend
Article Two Hundred and
zSD of the Constitu-
state of Louisiana" and
eor shall indicate. a. pro-
J general election laws OF
Which Of fho nrnrnai<Snnc