The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1910-11-12

navigation. .'or sewerage districts. the City
/ Of New Orleans excepted, hereinafter refer
red to as subdivisions" when authorized to
| and amount of the property taxpayers quail.
| fled to vote under the Constitution and
| laws of this State. who vote at an election
held for that purpose. after due notice of
said election has been published for thirty
| 800 days in the official journal of the mu-
there is no official Journal. in newspaper
published therein. may, through their re-
| spective governing authorities incur debt
and issue negotiable bonds therefor and
each year. while any bonds issued to evil
dence said indebtedness are outstanding. the
governing authorities of such subdivision
all other taxes, a tax sufficient to pay the
interest. annually or semi -annually, and the
failing aae sdrs any or
fund provided for the payment. of said bonds
at maturity; provided. that such special taxes
for all purposes shall not in any year exceed
ten (lO) mills 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 the proposition TO the taxpayer. and pub
ished for thirty (30) days as aforesaid; or
for \ greater amount than therein mentioned !:
nor shall such bonds be issued for any other
purpose than for constructing. improving
and maintaining public roads and highways.
paving and improving streets. roads and al
legs. purchasing constructing 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
provemeDt. the title to which shall rest in
the subdivision creating the debt. as. the
case may be: nor shall such bonds run for q
longer period than forty (40) years from
their date or bear a greater rate of interest
than FIVE 80 per cent per annum. or be
bonds by any subdivision for all purposes
shall never exceed ten (10) per centum of
the assessed valuation Of the property in
such subdiv sinns.
Municipal councils shall have authority
to create within their respective limits one
or more sewerage districts. and snothng 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 all lands sit
uated In such districts for the purpose of
providing and maintaining drainage systems
not exceeding fifty t5o) cents per acre for q
period not exceeding forty (40) years. when
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 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 (40) years from their date, or bear
greater rate Of interest than five 90 per
cent per annum, or be sold. for less than
par.
When the character of any land il such
that il must be eevied and pumped in order
to be drained and reclaimed. the Board of
n n ocru ltnrxtr E-t.x,. H. IL
which the land is situated shall, upon the
petition Of not less than a majority in acre
age OF the property taxpayers resident and
certain the cost Of drainage and retaining
said land and incur debt against said land
for an amount sufficient to drain and reclaim
It. and issue for said debt negotiable bonds
running not longer than forty (40) years
from their date and bearing interest at .
rate not exceeding five (5) per cenfum per
annum. payable annually or semi annually.
which bonds shall not be sold for less than
par; and said Board of Drainage Commits
sioners 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-
ally or semi annually, and the principal fall
ing due each year, or such amount as may
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 ($3.5o)
per acre per annum.
Inc ponce JurleS 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 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
(10) years, and bearing interest at q rate
not exceeding five go per cenium per
mum. (which bonds shall not be sold for less
M ho iItro f,f he ton
(10) mill tax authorized by Article 232 of
the Constitution of Louisiana.
Section 2. Be il further resolved, ETC.,
That this proposed amendment shall be sub
mitted to the qualified voters Of this State
for adoption or rejection at the Congress
sional election to be held in November, 1910:
and If adopted, the same shall take effect
Immediately thereafter
Section 3. Be it further resolved etc.
said election there shall be placed the words,
For the Proposed Amendment to Article
Two Hundred and Eighty-one Of the Con-
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 elecfor
shalt indicate, as provided in the general
election laws of the State. which Of the
propositions. For" or 'Against,'' he votes.
Speaker of the House Of Representatives.
p. NJ LAMBREMONT.
Lieutenant Governor and President Of the
Senate.
Approved: July 6. 1910.
J. Y. SANDERS.
Governor Of the State of Louisiana.
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