St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1910-09-10

period not exceeding forty f4o) years, when
authorized to do SO by majority in num-
Der and amount of the property taxpayers
Of said district, qualified to vote under the
vote at election held for that purpose
and in the manner PROVIDE in the first part
Of this Article and sale -rainage districts,
through the Boards o. Commissioners there
Of, when authorized as hereinabove provided,
may incur debt and issue negotiable bonds
therefor, payable in principal and interest
interest the aggregate amount to be raised
by said annual contributions or acreage taxes
during the period for which the same are
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 longer period than
forty (40) years from their date, or bear
greater rate of interest than FIVE (5) per
cent per annum, or be sold for less than
When the character of any land is such
that it must be levied and pumped in order
to be drained and reclaimed. the Board of
Drainage Commissioners of the, district in
petition Of not less than 3 majority in acre,
age of the property taxpayers. resident and
non resident, in the area to be affected, as
said land and Id 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
which bonds shall not be sold for less than
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, ann u
ally semi annually, and the principal fall
ing 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 forced contribution or
exceed Three Dollars and Fifty Cents (ss.5o)
The police juries of the various parishes.
throughout the State, for the purpose OF
constructing highways and public buildings gs
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
(10) years, and bearing interest at rate
nDt s1 Weh sohG zs pe Be .od r
than par, the avails of the residue Of the ten
(1o) mill tax authorized by Article 232 OF
the Constitution of Louisiana.
Section O. Be it further resolved, etc.
That this proposed amendment shall be sub.
mitted to the qualified voters Of this State
P n d seon 9e e b. in
| Immediately thereafter.
~, Section 8. Be it further resolved. ETC. G.;
said election there shall be placed the words
'For the Proposed Amendment TO- Article
Two Hundred and Eighty-one Of the Con
stitution of Louisiana and the words
Against the Proposed Amendment to. Ar
ticle Two Hundred and Eighty-one Of the
Constitution of Louisiana and each electol
shall indicate, as provided in the genera
| election laws of the State, which Of the
propositions, For or Against he votes
H. G.. DUPRE,
Speaker of the House Of Representatives
P NJ LAMBREMONT,
| Lieutenant Governor and President of tn
Senate.
Approved: July s, 1910.
| j. Y SANDERS,
| Governor of the State Of Louisiana
| A true copy:
| JOHN T. MICHEL.
| Secretary of State.