The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1910-11-05
ACT NO. 1877.
House BIZ NO. S2B.
JOINT RESOLUTION


House Bill No. 32e.
JOINT RESOLUTION
Proposing an amendment to Article Two
Hundred and Eghty-One I2S1) Of tho
Constitution Of the State of Louisiana, rel:
alive to the Issuance of bonds for work OF
rations parishes and schools, drainage
and sewerage districts. the City of New
Orleans excepted, and the assessment Of
SECTION SECTION +: Be i tAi resolve. sol si' By the Gen.
eral Assembly of the State of Louisiana,
twothirds t2-3) Of all the members elected
constituion n0 of the stat. Of Louisiana ia 3:
so amended as to read as follows.
Article PSI. Municipal corporations, par.
ishes or school. drainage. rubdrainage, road.
Of New orlesn. excepted, hereinafter refer.
do SO, by vote of a majority in number
and amount of the property taxpayers quail;
fled to vote under the Constitution and
held for that purpose, after due notice Of
said election has been published for thirty
(3ol days in the official journal of the mu.
there is no, official journal. in newspaper
published therein, may, through their re-
spective governing authorities incur debt
each year, while any bonds issued to evi.
dence said indebtedness outstanding, tho
governing authorities Of such subdivision
all other taxes, tax sufficient to pay the
interest, annually or semi annually. and tho
principal falling, due each year, or such
amount as may be required for any sinking
fund provided for the payment of said bonds
st maturity; provided, that such special taxes
for all purposes shall not in any year exceed
ten GO) mills on the dollar OF the assessed
valuation OF the property in such subdi
visions.
No bonds shall be issued for any other
purpose than that stated in the submission
Of the proposition to the taxpayer, and pub
lished for thirty 900 days as aforesaid: or
for 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 improving streets; roads and al:
water works, sewerage. drainage, navigation
lights, public parks and buildings together
with all necessary equipments and furnish.
ing, bridges and other works of public i'm.
provement. the title to which shall rest in |
the subdivision creating the debt. as the
case may be; nor shall such bonds run for
their date or bear greater rate of interest
than i've ~ per cent per annum, or be
0 By e snv The tO 4s Of
tho assessed valuation Of the property in
Municipal councils shall have authority
to create within their respective limits ono
or more sewerage districts, and nothing here
n beins .hs drainage district:
this State, shall, in addition to the powers |
hereinabove granted have the further power
and authority to levy and assess annual con.
uated in such districts. for the purpose Of
providing and maintaining drainage systems,
eea @ 9 cents for
authorized to do SO by majority in mum:
Der .. and amount Of the property
ssd sMs Of to b Ss' stand nsr w tho
vote at an election held Tor that purpose
s9d IN IN the manner provided in the first part
= TINS Article and said drainage districts
u, when authorized as hereinabove provided,
), may incur debt and issue negotiable bonds
,nerefor, payable In principal and interest
interest the aggregate amount to be raised
y said annual contributions or acreage taxes
, .n;ndg the Ne period for which the same are
evled NO such drainage bonds shall be
ssqsd Tor any other purpose than that for
which said contributions or acreage taxes
T3s o OF run for longer period than
'reater rate Of interest than Ave (5) per
ent per annum. or be sold for less than
When the character of any land is such
hat 1t must be levied and pumped in order
Q be drained and reclaimed, the Board Of
tse ,na IS stn,. Of the district
EDITION OF not less than a majority in acre
ge OF the property taxpayers. resident and
ertain the cost of drainage and retaining
aid land and incur debt against said land
or an amount sufficient to drain and reclaim
), and issue for said debt negotiable bonds
INNING not longer than forty (40) years
rom their date and bearing interest at .
ate not exceeding Eve go per centum per
mum, payable annually or semi annually
ar; and said Board Of Drainage Commits
toner's shall levy annually upon said land
breed contributions or acreage taxes in an
mount sufficient to maintain the drainage
!, SAID land and to pay the interest annu.
lily or semi. annually, and the principal fall.
lg Que each year, or such amount as NAV
required for any sinking fund provided
'r the payment of said bonds st maturity:
rovided, that such forced contribution or
creage taxes. for all purposes shall never
xceed Three Dollars and Fifty Cents (S3.5O)
er acre per annum.
The police juries Of the various parishes
the State, for the purpose of
'nstructing highways and public buildings
n the parish, and the governing authorities
municipal corporations, for the purpose
paving or improving streets or alleys. or
n other municipal improvements after max.
= provision for the payments of all stain
ry and ordinary charges, may fund into
onds running for q period not exceeding fen
fo) years. and bearing interest at rate
Ut exceeding FIVE f5) per centum per an
I'm. which bonds shall not be sold for les.
IAN par: the avails Of the residue of the ten
lO) mill tax authorized by Article GAG NJ
e Constitution of Louisiana
Section 2. Be 1t further resolved etc
a2t this propOsed nmAndmnnf hall \. -