The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1910-10-08

tRhes or school, drainage, subdrainage, road
/ navigation, 'or sewerage districts, the City
! of New Orleans excepted. hereinafter refer
red to as subdivisions when authorized TO
| do So by vote Of majority in number
and amount of the property taxpayers quail
! lied to vote under the Constitution and
| laws of this State, who vote at election
| held for that purpose, after due notice of
! said election has been published for thirty
! 500 days in the official journal Of the mu-
there is no official journal, in newspaper
published therein, may, through their re
speetjve governing authorities incur debt
and issue negotiable bonds therefor and
| each year, while any bonds issued to evil
| dence said Indebtedness outstanding the
shall levy and collect annually, in excess of
! all other taxes tax sufficient to pay the
interest, annually or semi annually. and tae
amount as may be required for any sinking
fund provided Tor the payment pay; OF said bonds
! tor all purposes shall not in any year exceed
| ten (I0) pills on the dollar of the assessed
valuation of the property in such subdi-
| visions.
No bonds shall be issued for any other
purpose than that stated in the submission
| of tbs proposition to the taxpayer, and pub
lished for thirty (8o) days as aforesaid; or
for greater amount than therein mentioned ;
nor shall such bonds be issued for any other
| purpose than for constructing. improving
| paving and improving streets, roads and al
leys, purchasing or eonstrr citing systems of
water works sewerage, drainage, navigation
| lights, public parks and buildings together
with all necessary equipments and furnish
ing, bridges and other works of public i'm
provement the title to which shall rest in
the subdivision creating the debt. as the
case may be-; nor shall such bonds run for
longer, period than forty {4ol years from
their date or bear greater rate Of interest
than Eve. so per cent per annum. or be
sold for less than par. The total issue of
bonds by any subdivision for all purposes
shall never exceed ten tIo) per centum of
the assessed valuation of the property in
such subdivisions.
Municipal, councils shall have authority
to create within their respective limits one
or more sewerage districts. and nothing here
in contained shall prevent drainage districts
from being established under the laws OF
this State, shall, in addition to the powers
hereinabove granted, have the further power
and authority to levy and assess annual con-
tributions or acreage taxes on all lands cit
uated In such districts for the purpose of
providing and maintaining drainage systems
not exceeding fifty (50) cents per acre for q
authorized to do so by majority in num-
Der and amount of the property taxpayers
Of said district, qualified to vote under the
Constitution and laws OF this State, who
vote at an election held for that purpose
and IN the manner provided in the first part
Of this Article, and said drainage districts,
through the Boards OF Commissioners there
OF, when authorized hereinabove provided,
may incur debt and issue negotiable bonds
therefor, payable in principal and interest
out OF and not to exceed in principal and
interest the aggregate amount to be raised
by SAID annual contributions or acreage taxes
during the period for which the same are
levied No such drainage bonds shall be
issued for any other purpose than that for
which said contributions or acreage taxes
forty t4o) years from their date, or bear q
greater rate of interest than FIVE (5) per
cent per annum, or be sold for less than
par.
When the character of any land is such
that 1t must be levied and pumped in order
to be drained and reclaimed, the Board of
which the land is situated SHALL upon the
petition Of not less than a majority IN acre
age OF the property taxpayers. resident and
nonresident, in the area to be affected, as
certain the cost of drainage and retaining
said land and incur debt against said land
for amount sufficient to drain and reclaim
1t, and issue for said debt negotiable bonds
running not longer than forty (40) years
from their date and bearing interest at a
ennum, payable annually or semi annually,
which bonds shall not be sold for less than
par; and said Board of Drainage Commits
s1oners shall levy annually upon said land
forced contributions or acreage taxes in an
amount sufficient to maintain the drainage
Of said land and to pay the interest. annu-
be required for any sinking fund provided
for the payment of said bonds at maturity
provided, that such forced contribution or
acreage taxes. for all purposes. shall never
exceed Three Dollars and Fifty Cents {S3.5o)
per acre per annum.
The police turisS of the various parishes
throughout the State. for the purpose of
constructing highways and public buildings
for the parish, and the governing authorities /
OF municipal corporations, for the purpose
OF paving or improving streets Or alleys, or
for other municipal improvements, after max
ing provision for the payments of all statu-
tory and ordinary charges, may fund into
bonds running for period not exceeding ten
(l0) years. and bearing interest at a rate
HiDo mra
mum, which bonds shall not be sold for less
than par, the avails of the residue OF the ten
(1O) mill tax authorized by Article 232 Of
the Constitution of Louisiana.
Section Q. Be. it further resolved, etc,
mitted to the qualified voters OF this State
for adoption rejection at the Congress
aonal election 50 be held in November 1910: |
and It adopted, the shall take effect
Section 8. Be it further resolved. etc.. |
That on the official ballots to be issued at
said election there shall be placed the words |
For the Proposed Amendment to Article |
stitution Of Louisiana and the words, |
Against the Proposed Amendment to Ar |
ticle Two Hundred and Eighty-one of the |
Constitution of Louisiana and each eleetor |
shall indicate, as provided in the general |
election laws of the State which of the |
propositions For or Against he votes |
H G. DUPRE
Speaker Of the House of Representatives |
P. NJ. LAMBREMONT,
Lis glt14 Governor and President of tie
Approved: July s. 1919,
J. Y. SANDERS,
Governor of the State Of Louisiana |
JOHN T. MICHEL,
Secretary of State.