Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1910-09-30

period not exceeding forty t4o) years, when
authorized to do so by q majority in num-
Der and amount of the property taxpayers
of said district, qualified to vote under tie
Constitution and laws Of this State. who
vote at election held for that purpose
and In the manner provided IN the nrst part
of this Article, and said drainage districts.
through the Boards of Commissioners there
OF. when authorized as 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 Tor
which said contributions or acreage taxes
forty (4O) wears from their date. or bear
greater rate of interest than five go per
cent per annum. or be sold for less than
par.
When the character of any land is such
that it 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 majority IN acre.
age of the property taxpayers resident and
resident in the area to be aifee s,a;; AS
said land and incur debt against said land
for an amount sufficient to drain and reclaim
1t. and issue for said debt negotiable bonds
running not longer than forty t40) years
from their date and bearing interest at
rate not exceeding five 90 per centum per
ahnum payable annually or SOM en- ana ,h.
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
1hrA. ALL ant- = III
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
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
10) years. and bearing interest at a rate
mum. which bonds shall not be sold for less
than par. the avals of the residue Of the ten
10) mill tax authorized by Article 232 OF
the Constitution Of Louisiana.
Section 2. Be it further resolved, etc.
That this proposed amendment shall be sub
mitted TO the qualified voters Of this State
sionsl election to be held in November, 1910:
and il adopted. the same shall take effect
immediately thereafter,
Section 3. 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
Two Hundred and Eighty-one OF the Con-
stitu.ion Of louisiana and the words.
Against the Proposed Amendment to Ar
ticle Two Hundred and Eighty-one Of the
Constitution OF Louisiana and each eector
shall indicate, provided in the general
election lsws of the State. which OF the
propositions, For or ''Assinst.' he votes.
VI. G.. DUPRE.
Speaker OF the House of Representatives
7. ". LAMBREMONT.
Lieutenant Governor and President OF the
Senate.
Approved: July 6. 1910.
J. Y. SANDERS.
Governor of the State OF Louisiana.
true copy:
JOHN Il. MICHEL.
Secretary of State.