The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-10-20

y.
Governor Of the State Of Louisiana.
a '. JOHN HSp I. MICHEL.
Secretary Of State.
ACT: No. 1877
JOINT RESOLUTION
Proposing AN amendment to Article
Two Hundred and EiShty-one esd
of the Constitution of the Stale OF
louisiana, relative TO the issuance OF
bonds for work of public improve
ment by municipal corporations, par
isheS, and school, drainage and sew
erage districts. the City OF New Ut
leans excepted, and the assessment
of special taxes to pay for same
Section l. Be it resolved by the Cen
eral Assembly of the State of Louisiana
two thirds (2-3) of all the members
elected to each House concurring, That
Article Two Hundred and Eighty-o
(2SD of the Constitution OF the State
| Of Louisiana be SO amended as 10 Teao
as follows:
Article ISL. Municipal Corporations.
parishes or school, drainage, subdraln-
age. road. navigation, or sewerage
| districts. the City of New orleans eS-
cepted. hereinafter referred to as sub
| divisions" when authorized to do SO;
| by IA vote of majority in number ana
amount of the property taxpayers.
| qualified to vote under the Constltu-
ton and laws of this State who vote
l at an election held for that purpose.
| after due notice of said election has
| been published for thirty 600 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;
| incur debt and issue negotiable bonds
| therefor, and each year while any
4 bonds issued to evidence said indebted
ness are outstanding, the governing
| authorities of such subdivision shall
|
! 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 for
4 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
taxpayer, and published for thirty 600
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 i'm
proving streets, roads and alleys. pur-
terworks. sewerage. drainage, naviga-
| ton, lights. public parks and build
ings. together with ali necessary equip
ments and furnishings. bridges ana 9TH
title to which shall rest in the subdi
vision creating the debt, as the case
may be; nor shall such bonds run for
a longer period than forty years (4o)
| from their date or bear greater rate
| Of interest than five per cent 60 per
annum. or be sold for less than par
The total issue of bonds by any subdi-
| vision for all purposes shall never ex-
1 ton of n g
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
er and authority to levy and assess an
| nual contributions or acreage taxes or
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.
riod not exceeding forty (40) years
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
: ner provided in the first part of thi.
Article. and said drainage districts
| through the Boards of Commissioner!
$ thereof. when authorized as herein
u above provided. may incur debt and
, issue negotiable bonds therefor. paya
! BILE in principal and interest out of ant
not to exceed in principal and interes
: the aggregate amount to be raised b,
| said annual contributions or acreage
. taxes during the period for which th'
same are levied. No such drainage
u bonds shall be issued for any othe
| purpose than that for which said con
l trih ar va OF
y | or run for a longer period than fort,
(4O) years from their date or bear
= greater rate Of interest than five q
< per cent per annum or be sold for les
i When the character Of any land l.
: such that 1t must be levied and pumpe,
g 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 no
less than majority in acreage of tn
. resident in the area to be affected as
certain the cost of drainage and re
, claiming said land and incur deb
:. against said land for an amount s"ffi
sue for said debt negotiable bonds run
ming not longer than forty (4o) year
n from their date and bearing interes
r at a rate not exceeding five 60 pc
d :entum per annum. payable annual
not be sold for less than par; and sal
, Board of Drainage Commissioners shal
\ I levy annually upon said land force
4 contributions or acreage taxes in a
J. mount sufficient to maintain tn
q rainage of said land and to pay tn
9 interest. annually or semi-annually, an
the principal falling due each year, o
\ such amount as may be required TO
= any sinking fund provided for the pay
ment of said bonds at maturity; pro
). | vided, that such forced contribution o
acreage taxes, for all purposes shal
never exceed Three Dollars and FIT
h Cents ($3.50) per acre per annum.
:. The police juries of the various par
pose Of constructing highways and pub
lie buildings for the parish. and tn
governing authorities of municipal cor
porations, for the purpose of paving o
. Improving streets or alleys, or for 9th
er municipal improvements, after max
ing provision for the payments of al
statutory and ordinary charges, ma
not exceeding ten l0) years. and bear
ing interest at a rate not exceedin
tive 60 per centum per annum, whic
bonds shall not be sold for less tha
par, the avails Of the residue Of the te
f10) mill tax authorized by Articl
232 Of the Constitution of Louisiana.
q Section 2. Be 1t further resolved, etc
: That this proposed amendment shall
= he submitted to the qualified voters O
the congressional election to be hel
: in November, 1910; and If adopted. tn
same shall take effect immediatel
!. thereafter.
! Section s. Be it further resolved
= ETC.. That on the official ballots to l.
leSue6 et SAID election thlrs shall y