The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1910-11-26


Article 2sf.. Municipal corporations. par
ishss or school. drainage. .ubdrsinage. road,
OF New Orleans excepted hereinafter refer
red to as subdivisions" when authorized to
do so, by vote of majority in number
iied 20 vote under the Constitution and
laws OF this State. who vote at an election
held for that purpose. after due notice Of
800 days in the Official journal of the mu-
nicipal corporation or parishes, and. where
there is no official journal, in a newspaper
spective governing sufhorities,' incur debt
and issue negotiable bonds therefor. and
each year while any bonds issued to evil
dence said indebtedness are outstanding, the
governing authorities of such subdivision
shall levy and COLLECT annually in excess Of
al 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
sad for s St s Of D said
for all purposes shall not in any year exceed
ten (10) mills on the dollar of the assessed
valuation of the property in such subdi-
No bonds shall be issued for any other
purpose than that stated in the submission
hsS T Rs g h days s sna pub
for greater amount than therein mentioned
nor shall such bonds be issued for any other
and maintaining public roads and hiehwsrss
paving and improving streets. roads and al
ieys purchasing or constructing systems of
lights. public parks and buildings together
with all necessary equipments and furnish
ing, bridges and other works of public inn
provement, the title to which shall rest IN
the subdivision creating the debt a. the
case may be; nor shall such bonds run for 4
longer period than forty (40) years from
their date or bear greater rate of interest
than i've. go per cent per annum. or be
sold for less than par. The total issue Of
bonds by any subdivision for all purposes
shall never exceed ten tlo) per centum of
such subdivisions
Municipal councils shall have autborifv
to create within their. respective limits one
in contained shall prevent drainage districts
from being established under the laws Of
ms state, shall, in addition to the powers
and authority to levy and assess annual con-
tributions or acreage taxes on all lands sit
uated in such districts: for the purpose OF
not exceeding fifty f50) cents per acre for q
period not exceeding forty (40) years. when
h her snd TO DO SO by majority in num-
OF said district, qualified TO vote under the
constitution and laws of this State who
vote at an election held for that purpose
ana IN the manner provided in the first part
OF this Article and said drainage districts
through the Boards of Commissioners there
OF, when aufhorized as hereinabove provided,
therefor, payable in principal and interest
out OF and not TO exceed in principal and
, mt the aggregate amount to be raised
during the period for which the same are
levied, No such drainage bonds shall be
issued for any other purpose than that for
whicn SAID contributions or acreage taxes
were voted or run for longer period than
forty t40} years from their date or bear
greater rate Of interest than Eve (5) per
cent per annum. or be sold for less thau1
:, When the character OF any land is such
mat 1t must be levied and pumped in order
Drainage Commissioners OF the district in
which the. land is situated shall. upon the
petition OF not less than a majority in acre
n nee o. the property taxpayers resident and
certain the cost Of drainage and retaining
said land and incur debt against said land
Tor an amount sufficient to drain and reclaim
IT. and issue for said debt negotiable bonds
running not longer than forty (40) years
from their date end bearing Interest at
rate not exceeding five. t5) per centum per
which bonds shall not be sold for less than
par; and said Board Of Drainage Commits
sioners shall levy annually upon said land
amount sufficient to maintain the drainage
Of said land and to pay the interest annu-
ally or semi,annually. and the principal fall
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
per acre per annum.
The police iures of the various parishes
throughout the State. for the purpose Of
highways and public buildings
for the parish. and the governing authorities
Of municipal corporations, for the purpose
81 paving or improving streets or alleys. or |
Tor other municipal improvements. after max |
ing provision, for the payments Of all statu- |
tory and ordinary charges, may fund into |
bonds running for a period not exceeding ten |
tlo) years, and bearing interest at . rate
not exceeding five {5) per cenfum per an
num- which bondx shall not be sold for less
inan par; the avaiis Of the residue Of the ten
l1o) mill tax authorized by Article 232 of |
the Constitution of Louisiana
Section 2 Be it further resolved, etc.
lnat this proposed amendment shall be sub
nitted to. the qualified voters of this State |
Tor adoption or rejection at the. Congress |
s1onal election to be held in November, 1910 |
and II adopted, the same shall take effect
thereafter.
Section g. Be 1t. further resolved. etc.
That on the Official ballots to be issued al |
said election there shall be placed the words. !
: For the Proposed Amendment to Article |
Two Hundred and Eighty-one Of the Con- |
'titution Of Louisiana" and the words |
'icie Two Hundred and Eishty.one Of the
Constitution Of Louisiana and each elector |
snail indicate. as provided in the general |
election laws Of the State. which Of the |
'roponuons, For or 'Aeainsi he votss |
H G. DUPRE.
'' d 'ns p n Z IA NMsBsRsassn5ssIyss'
Lieutenant Governor and President Of the |
Senate
Approved: July 6. 1910.
Governor Of the State ssi Louisiana
; Join tSi f0R r MICHEL,