New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1910-10-01
ACT NO. lo7.
House Bill No. 326.

House Bill NO. $40.
JOINT RESOLUTION
Proposing an amendment to Article Two
Hundred and Eighty-One (2sD of the
Constitution Of the State Of Louisiana. rel
stive to the issuance Of bonds for work Of
ration rstions, parishes and schools. drainage "
and sewerage districts, the City Of New
Orleans excepted, and the assessment Of
special taxes to pay foT same hv III.
eral Assembly of the State of Louisiana:
two thirds (23) Of all the members elected
to each Hcuse ccncurrins, That Article Two
Constitution OF the State Of Louisiana Be
amended as to read a. follows:
Article PSI, Municipal corporations par
navigation. ''or sewerage districts the City
of New Orleans excepted. herenatsar 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
ssd esc.om has nq hrtf
(3o) days in the official journal OF the mu-
nicipal corporation or parishes, and, where
s,;, there is no ,,;l Official journal in newspaper
spective governing authorities" incur debt
and issue negotiable bonds therefor. and
each year. while any bonds issued to evi-
governing authorities Of such subdivision
shall levy and collect annually. in excess of
all other taxes, . tax sufficient to pay the
interest, annually or semi annually, and the
principal falling 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 special taxes
for all purposes shall not in any year exceed
ten (1o) 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 70 the taxpayer. and pub
lished for thirty (3o) days as Aforesaid; or
for . greater amount than therein mentioned:
nor shall such bonds be issued for any other
and maintaining public roads and highways,
paving and improving streets. roads and al
ieya. purchasing or 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
provement. the title to which shsil rest In
the subdivision creating the debt, the
case may be; nor shsl such bonds run for =
longer period than forty f4ol years from
than fve fs) per cent per snnum, be
sold for less than par. The total issue Of
bonds by any subdivision for all purposes
shall never exceed ten (10l per centum Of
the assessed valuation Of the property In
such subdivisions
Municipal councils shall have authority
tn create within their respective limits ore
or more sewerage districts and nothing here
in contained shsll prevent drainage districts
from being established under the laws of
this State, shall. in addition to m. powers
hereinahove granted. have the further power
ard authority 10 levy ard assess annual con.
trihutinns acreage taxes on all lands sit
uated IN such districts. for the purpose Of
providing and maintaining drainage systems
not exceeding atty 500 cents per acre for .