The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-09-22

Governor Of the State of Louisiana.
A true copy.
JOHN T. NICHE MICHEL r. st.,,s
House Bill No. 326.
JOINT RESOLUTION
Proposing an amendment to Article
Two Hundred and Eighty-one esd
of the Constitution of the state OF
Louisiana, relative to the issuance OF
bonds for work of public improve
ment by municipal corporations. par
ishes. and school, drainage ana sew
erage districts. the City of New or
leans excepted, and the assessment
of special taxes to pay for same
Section l. Be it resolved by the Gen
eral Assembly of the State of Louisiana,
two-thirds (2-3) of all the members
elected to each House concurrlns, Ihat
Article Two Hundred and Eighty-one
(2SD of the Constitution OF the State
Of Louisiana be so amended as TO read
Article 2s1. Municipal Corporations.
parishes or school. drainage. subdra!n-
age, road, navigation. "Gr sewerage
districts, the City of New Orleans ex-
copied hereinafter referred to as sub
divisions" when authorized to do so.
by vote of a majority in number and
amount of the property taxpayers,
ton and laws of this State, VINO vote
at an election held for that purpose,
after due notice of said election mas
| been published for thirty 500 days in
| the official journal of the municipal
corporation or parishes, and where
| there is no official journal, in a news
paper published therein. may. through
| their respective governing authorities;
! therefor, and each year while any
bonds issued to evidence said indebted
ness are outstanding, the governing
authorities of such subdivision shall
l in
! all other taxes. a tax sufficient to pay
| the interest. annually or semi-annually
| and the principal falling due each year.
| or such amount as may be required TOR
any sinking fund provided for the pay
ment of said bonds at maturity; pro-
| vided, 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 subdivisions.
| No bonds shall be issued for any
| other purpose than that stated in the
submission Of the proposition to the
| days as aforesaid or for a 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 inn
proving streets. roads and alleys. par
| chasing or constructing systems OF wa
terworks. seweraee, drainage. naviga-
|
| ings. together with all necessary equip
| ments and furnishings. bridges and 9th
| err works of public improvement. the
title to which shall rest in the subdi
| vision creating the debt, as the case
| may be: nor shall such bonds run for
| longer period than forty years (4o)
| from their date or bear a greater rate
of interest than five per cent 90 per
| annum. or be sold for less than par
The total issue of bonds by any subdi-
| vision for all purposes shall never ex-
coed ten per centum ($10) of the assess
ed valuation of the property in such
| subdivisions.
| Municipal councils shall have author
ity to create within their respective
limits one or more sewerage districts
and nothing herein contained shall pre-
vent drainage districts from being es-
| tablished under the laws of this State
| shall, in addition to the powers here
inabove granted. have the further pow
| err and authority to levy and assess an
nual contributions or acreage taxes OF
all lands situated in such districts
for the purpose of providing and main
| tanning drainage systems, not exceed
ing fifty (50) cents per acre for pc
Rod not exceeding forty t40) years
| when authorized to do so by maiorit'
in number and amount of the propert,
! taxpayers of said district. qualified t.
| vote under the Constitution and law!
| Of this State. who vote at an election
. | held for that purpose and in the man
ner provided in the first part of thi
Article. and said drainage districts
through the Boards of Commissioner
, thereof when authorized as herein
i above provided. may incur debt ant
:, issue negotiable bonds therefor paya
. | BILE in principal and interest out of an,
not to exceed in principal and interes
the aggregate amount to be raised b.
said annual contributions or acreag
taxes during the period for which til
same are levied; No such drainas
), purpose than that for which said con
! | tributions or acreage taxes were vote
: | or run for a longer neriod than fort
| i0) years from their date or bear
; | greater rate of interest than five Is
| per cent per annum or be sold for les
| than par.
When the character of any land I
; | such that it must be levied and pumpe
: | in order to be drained and reclaimed
the Board of Drainage Commissioner
Of the district in which the land is sit
| uated. shall. upon the petition of nc
less than majority in acreage of tn
= | property taxpayers. resident and non
= | resident, in the area to be affected as
certain the cost of drainage ard re
/ claiming said land and incur deb
. | against said land for an amount slffi
: cient to drain and reclaim It. and is
| sue for said debt negotiable bonds run
. .ns not longer than forty (40r year
, / rom their date and bearing interes
a rate not exceeding five 90 pc
! entum per annum, payable annual
z n
lot be sold for less than par; and sal
board of Drainage Commissioners sha
! evy annually upon said land force
! contributions or acreage taxes in a
mount sufficient to maintain til
rainage of said land ana to pay tn
, interest, annually or semi-annually, an
lie principal falling due each year, c
! | such amount as may be required flo
. ny sinking fund provided for the pay
tent of said bonds at maturity. Pre-
ided, that such forced contribution @
l creage taxes. for all purposes sha
lever exceed Three Dollars and Fift
, 'ents ($3.5O per acre per annum.
" The police juries of the various par
1ose of constructing highways and puL
ic buildings for the parish. and til
governing authorities of municipal cor
'orations, for the purpose of paving @
Z improving streets or alleys, or for 9th
municipal Improvements. after max
ig provision for the payments of a
tatutory and ordinary charges. ma
und into bonds running for a perio
not exceeding ten (10) years. and bear
ng interest at a rate not exceedin
| i've (5) per centum per annum, whic
onds shall not be sold for less tina
ar, the avails of the residue OF the tie
1O mill tax authorized by Articl
80 of the Constitution of Louisiana.
. Section 2. Be 1t further resolved, etc
hat this proposed amendment s,al
e submitted to the qualified voters @
his State for adoption or rejection a
he congressional election to be hel
I November, 1910; and If adopted, tn
ame shall take effect immediatel
! hereafter.
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