The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1910-09-24

Article Isl. Municipal corporations. par
ishes or school. drainage subdrsinsge road,
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
900 days in the official journal of the mr-
nicipal corporation or parishes. and. where
there is no ,ficial journal, in a 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 outstanding. the
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 C0) 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
lished for thirty 800 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
ieyS, 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 shall rest in
the subdivision creating the debt. as the
may be; nor shall such bonds run for
longer period than forty t4o) years from
their date or bear a greater rate of interest
than five go per cent per annum. or be
sold for less than par The total issue of
bonds by any subdivision for all purposes
oh all ton "a
the. assessed valuation Of the property in
such subdivisions.
Municipal councils shall have authority
to create within their respective limits one
or more sewerage districts and nothing 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 on all lands sit
uated in such districts. for the purpose of
providing and maintaining drainage systems
not exceeding fifty (5o) cents per acre for
period not exceeding forty (40) years. when
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
may incur debt and issue negotiable bonds
therefor payable in principal and interest
out or 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
levied No such drainage bonds shall be
which said contributions or acreage taxes
were voted or run for longer period than
1orty (4O) years from their date. or bear
greater rate of interest than FIVE 90 per
par.
. When the character of any land is such
to be drained and reclaimed, the Board of
drainage Commissioners of the district in
which the land is situated shall, upon the
petition OF not less than majority in acre.
age OF the property taxpayers, resident and
nonresident, in the area to be affected,
certain the cost of drainage and retaining
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 (40) years
from their date and bearing interest at
rate not exceeding five (5) per centum per
annum, payable annually or semi-annualy,
which bonds shall not be sold for less than
par; and said Board of Drainage Commits
ssioners 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-
ing que each year, or such amount may
be required for any sinking fund provided
Tor 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 (s3.50)
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
tl0} years and bearing interest at a rate
not exceeding five (5) per centum per an
num- which bonds shall not be sold for less
than par. the avails of the residue Of the ten
tlo) mill tax authorized by Article 232 of
the Constitution of Louisiana.
Section 9 Be il further resolved. etc.
That this proposed amendment shall be sub
mitted to the qualified voters of this State
for adoption rejection at the Congress
sfonai election to be held in November, 1910:
and Il adopted. the same shall take effect
Immediately thereafter
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-
sttuflon OF Louisiana and the words
Against the Proposed Amendment to Ar.
ticle Two Hundred and Eighty one of the
OF Louisiana and each elector
shall indicate, as provided in the general
election laws of the State, which of the
propositions, For or Against he votes.
II. G. DUPRE.
Speaker Of the House of Representatives.
P. NJ. LAMBREMONT.
LIEUTENANT Governor and President of the
Approved: July s. 1910.
J. Y SANDERS.
Governor of the State of Louisiana
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