St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-09-24

period not exceeding forty (4O) years, when
Der and ID amount Of the properly taxpayers
of said district, qualified to vote under the
Constitution and laws OF this State, who
and in the manner provide in the first part
of this Article and saio -rainage districts,
through the Boards % 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 tho aggregate amount to be raised
by said annual contributions acreage taxes
during the period for which the same
levied. No such drainage bonds shall be
/ issued for any other purpose than that for
which said contributions or acreage taxes
were voted or run for q longer period than
forty (4o) years from their date, or bear a
greater rate of interest than five 90 per
cent per annum, or be sold for less than
paT Wso. ~,
that it must be levied and pumped in order
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 a majority in acre
age of the property taxpayers, resident and
non resident. in the area to be affected. as
said land and INCUR debt against said land
for an amount sufficient to drain and reclaim
it, and issue for said debt negotiable bonds
from their date and bearing interest at a
rate not exceeding five (5) per ceutum per
annum, payable annually or semi annually,
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
for the payment of said bonds at maturity;
provided, that such forced contribution or
acreage IT'S taxes, for all purposes, shall never
exceed Three Dollars and Fifty Cents (s3.5o)
per annum,
The police juries of the various parishes
throughout the State, for the purpose of
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
hot exceeding Eve (5) per centum per an
mum, which bonds shall not be sold for less
than par; the avails Of the residue of the ten
(lo) mill tax authorized by Article 232 of
Section 2. Be it further resolved, etc.
That this proposed, amendment shall be sub
sional election to be held in November, 1910;
and if adopted, the same shall take effect
Section 3. Be it further resolved, etc.
That the official ballots to be issued at
said election there shall be placed the words,
Two Hundred and Eighty-one Of the Con
stitution of Louisiana and the words,
Against the Proposed Amendment to Ar
tcle Two Hundred and Eighty-one of the
Constitution of Louisiana and each elector
shall. indicate, as provided in the general
propositions, For or against" he votes
H. G.. DUPRE,
Speaker Of the House of Representatives
NJ LAMBREMONT,
Lieutenant Governor and President Of the
Senate.
J. Y. SANDERS,
Governor of the State of Louisiana
trne COPY:
JOHN r. MICHEL.
Secretary of State.