St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-11-05

period 40: exceeding forty GO, year. e w .an
Der and amount ct the st nder ths
vote at an election held for that purpose
az and in the osd an aee
through the Boards of Commits sloners mere
Of, when authorised as hereinabove proyloeo,
may incur debt and issue nego.apii; nt bonas
out of and not to exceed in principal ana
interest tine aggregate amount to be raised
by said annual contributions or acreage 'aa ars
levied. No such drainage bonds shall os
issued for any other purpose than that 1or
were voted or run for longer period than
forty (4O) years from their date. or bear
greater rate of interest than five 90 per
cent per annum, or be SOLD 1or 1888 tnan
When the character of any land is such
that it must be levied and pumped in order
Drainage Commissioners of the, district In
which the land is situated shall! upon the
petition OF not less than a majority IN acre.
age OF the property " b. sected as
certain the cost of drainage and retaining
said land and incur debt aga inst said land
it. and issue for said sebt negotiable bonds
running not longer than forty (4O) years
from their date and bearing interest at Q
rate not exceeding five (5) per centum Per PEI
which bonds shall not be sold for less than
par; an1 said Board of Drainage Gommls,
sioners shall levy annually upon said land
forced contributions acreage taxes in an
AMOUNT sufficient to maintain the drainage
of said land and to pay the interest. annn-
ally semi. annually, and the prlnclpal Ial..
ing due each year. or such amount as may
be required for any sinking fund provided
for the payment of said bonds at maturity,
acreage taxes, for all purposes, shall meyer He
exceed Three Dollars and Fifty Cents ($3oo)
per acre per annum.
The police juries Of the various parishes
throughout the State, for the purpose OF
constructing highways and public buildings
for the parish, and the governing authorities
municipal e9s OF sne aers
for other MUNICIPAL improvements, after max
Ing provision for the payments OF all statu.
bonds running for q period not exceeding ten
| (l0) years. and bearing interest at rate
not exceeding ye 81 pc. eent to5d per , an
than par, the avails Of the residue OF the ten
| (10) mill tax authorized by Article 232 OF
the Constitution Of Louisiana. -
That this proposed amendment shall be sub
mitted to the qualified voters OF THIS state
for adoption or rejection at the Congres.
sonai election to be held In Noyem Der isi ..i
49, Section g. Be it fYther resolved ;ssLod ETC. e.
That on the official ballots to Be is issued ord a.
''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 Eightty-one OF the
Constitution of Louisiana and each electort
shall indicate, as provided in the general
election laws of the State. which OF the
| propositions, For OF Against he votes
H. G. DUPRE,
| Speaker OF the House Of ReDresentatiyes
| P NJ LAMBREMONT,
| Lieutenant Governor and President Of the
Senate.
| Approved: July 6. 1910.
| J. Y. SANDERS,
Governor of the State Of Louisiana
| A true copy:
JOHN T. MICHEL.
Secretary of State.