The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-03-03

pIoFiuou ny SAID act and tha - zksz II
above referred to. so..'l
Sec. Z. Be it further orda;. ssss8
That for the balance of the or;s,;A !. KS B
OF construction OF said traffic 49,; 80
accordance with the accepted h;a n
the payments provided Tor in SaI.s s1asss
hereof have been made, all toI;. slsa 4
ges and collections on said hr;ass. snefs8
constitute a trust fund 10 no ~ shalls
collected and sacredly kept for M
count OF the contractors and underts, . se'
or their heirs, successors, renrssa.a
yves or assigns; and, as an ev,da,.. y
sucn Indebtedness on the part - 81 y
City OF Shreveport and the par;aAsae.
bossler Tor the unpaid balance = az {, g
costs OF construction of said ~. sle
bridge, the City Of Shreveport ~ as IS
Parish of Bossier shall issue co. sss -
Gates OF payment" for the ret;r s0.aass
and redemption of which said o sass
charges, etc., are pledged and hr,s NY, 4
Gated unto the holders, and said c sssss
Gates Gates shall be payable on Jannas .ssa n
1882, shall bear per cent Der any,. =
interest, payable semi-annuailv s. go 8.
ON the LIST OF January and the III - ~ w:
OF each year, shall be for the sum q IVY y
thousand (Sl 100000 each, and sh 4 s g
signed by the Mayor OF the r ;en g
Shreveport and the President u .s y
Police Jury OF the Parish of Boosts, y. ~
gether with the clerks or secrets ~. u
their respective bodies, are author;.sss. 8
sign, issue and deliver SO many q 81
certificates as may be required Il nv .s.s
the contract price of the work. less l esss
payments Heretofore made, as hare;s 49,
above provided, and which certifssss..
shall be delivered to said contraetors %
undertakefs, or their successors rss. =
sentatlves or assigns upon the final nm. \
pletlon and acceptance of said trais.
bridge, and said certificates shan ~
the same date as that on which 90
traffic bridge may be completed and a.
cepted. 81
Sec. s. Be it further ordained i.
That in addition to the pledge OF the t rn
as aforesaid and the issuance 81 "a
certificates OF payment, the oontraots ~
and undertakes shall have special ~
and privilege on the said new trsa; ~;
bridge to secure the payment Of tne rsiS
unpaid balance, as herein provided IA
and the City OF Shreveport and ~
Parish OF Bossier specially agree not &
permit at any time the erection Or am
struction OF any other bridge across IA
River to connect said city and norish
which may in any way detract from 3
compete with the collections or paymen,s
of tolls on said proposed traffic bridcs
Sec. 8. Be it further ordained. al
| That the certificates Of payment h6rein!
above referred to shall be subject to S.,
tlrement or payment sooner than theif
maturity, at the option of the debtof,.
and shall have interest coupons ATTACHED
thereto, payable as above provided. ~
the tolls, charges and collections herein
pledged and hypotecated unto and 4
favor Of the holders of such certificates'
shall be applied first to all interest az
on said certificates, and thereafter to "a
payment OF such amounts of the prinei.
pal as the sums available from such toll
and collections may justify.
Sec. 10. Be it further ordained. etc.
That in order to further secure the ssjd
contractors and undertakers for said II.
paid balance of the cost of CONSTRUCTS
of said new traffic bridge, and in order q
provide the fund for the retirement Il
said certificates of payment and intefs1
thereon, the City Of Shreveport and III:
Parish Of Bossier bind themselves ljrmjs
and fully to charge and collect tolls n
all TRAFFIC on said proposed bridge, Whe4
same is completed and accepted, Whiei
tolls and charges shall not be less thaa
are shown in the following schednk
to-wit:
Each vehicle and driver drawn byaf
animals, 20 cents.
Each vehicle and driver drawn by ~
animate, 20 cents. b
Each vehicle and driver drawn by four
animals, Is cents.
Each vehicle and driver drawn by thrsss
animals, Is cents.
Each vehicle and driver drawn BY Ia
animals, 10 cents. 60
Each vehicle and driver drawn by ouo
animal, 10 cents.
Each horse and driver, or rider, III
cents.
Pedestrians and additional personsla
vehicles, 5 cents.
Loose horses, mules, ETC., 5 cents.
Other stock-goats, hogs, sheep, etc.
3 cents.
School children and policemen, free,
This schedule shall not apply to pas.
sengers in electric railways that may b
hereafter operated over said bridge, but
said city and parish may contract With
electric railway companies for the priv
lege OF crossing said bridge, and a.
sums received from such sources shall
be considered as a toll, charge or coIlee.
ton, and shall be applied in like mannx
as all other tolls, charges and collectiel5
hereinbefore mentioned.
Sec. il. Be it further ordained, Ell.
That said new bridge shall not be adfa9
bridge, nor shall the cost thereof be lin
tied to $500, 600, and after its completial
and prior to the date of the cost Of con
struction or the retirement OF the a.
outstanding certificate of payment
should any maintenance or repairs y
necessary thereto, the same may be doas
oy the city ane parish and may be paIt
but OF the tolls and charges heret0fun
referred to, not to exceed in any a.
year the sum of $4,000.
Sec. IL. Be it further ordained, e.
That the ordinance of the CITY d
introduced January Is, teig
md which has already passed its hn(
'eading, be, when it is finally paag1
md becomes effective, and the sane \
hereby approved, joined with, acceptee
md Endorsed, unless the same eontlic4
herewith, and this ordinance shall N
Effective and binding only when ii shaI
lave been accepted, joined with, e.
lorsed and approved by the passage .
he ordinance aforesaid by the Gll
Council OF the City OF Shreveport.
Sec. Is. Be it further ordained, ete
That the President of the Police JuIy
Il the Parish of Bossier, on the part
ne Parish OF Bossier, is authorized, eals
lowered and instructed to sign all pse
ssary contracts, documents and pape
which may be necessary to carry our
provisions hereof, and upon the adoE
ion OF all of the measures hereof By
,ity COupoiJ of tho Cit1, IF Chravorlffk 4IsS47