The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1910-03-10


Sec. Z. Be it further orda;..
That Tor the balance Of the a., 49,
OF construction OF said trai6c ~
accordance with the acceDted E:s
the payments provided for - s osl ~
hereof have been made. All 49,
ges and collections OH said a 49,
constitute trust fund to ~ CO.
collected and sacredly kept ia y
count OF the contractors and ma. 9
or their heirs, successors. rsaa l
tives or assigns; and, as Al essSa
such Indebtedness on the ns.s'
City OF Shreveport and IN 81 9
Bossier for the unpaid balanes !,
costs OF construction Of Ma Y
bridge, the City of Shreyeuors 8. ss
Parish of Bossier shall issns i. s,lq y
Gates OF payment" for the re4; ssla
and redemption of which ~
charges, etc., are pledged and ~ ~
Gated unto the holders, and said ~!
Gates shall be payable on Janss.
1882, shall bear 8 per cent NJ :.
interest, payable semi-annuaiIv s saaal
on the 1st OF January and the 4, VT =
of each year, shall be for the srm 8. = :. "
thousand (S1, 100000 each. and ~, 7.
signed by the Mayor OF the a..
Shreveport and the President J; I.
Police Jury OF the Parish OF b..
gether with the clerks or seeres..;aa
their respective bodies, are antho,;ss.
sign, issue and deliver SO maru s ~
certificates as may be required 4 8 s. s.
the contract price of the work. lem -
payments heretofore made. q r.:
above provided, and which cert;s....
shall be delivered to said contraetoss
undertakes, or their Successor 81.
sentatives or assigns upon the 6n.lasas
pletion and acceptance of said ~
bridge, and said certificates shsll y:
the same date as that on vhieh 4.
traffic bridge may be completed a. ,. |
cepted.
Sec. 8. Be it further ordained 4.
That in addition to the pledge Of IL ~
as aforesaid and the issuance Il ..:12
certificates of payment, the conta.i,s.
and undertakers shall have suecislI..
and privilege on the said nev s. u
bridge to secure the payment Of ia s,a'
unpaid balance, as herein proyidea ~
and tho City of Shreveport snd
Parish of Bossier specially agree 81 a
permit at any time the erection d ~.
struction ofseny other bridge acrosl A
River to connect said city and nara
which may in any way detract finn q
compete with the collections or paynns
OF tolls on said proposed traflc br;dr
Sec. 8. Be it further ordained a
That the certificates Of payment heres.
above referred to shall be subject d 4.
tirement or payment sooner than ths;,
maturity, at the option of the debtm
and shall have interest coupons attachl1
thereto, payable as above provided, -
the tolls, charges and collections herejI
pledged and hypotecated unto and 4
favor of the holders Of such ceTtiHeans
shall be applied first to all interest," q
on said certificates, and thereafter vi
payment OF such amounts OF the pfinei
pal as the sums available from such TAI
and collections may justify.
Sec. 10. Be it further ordained. I'll
That in order to further secure tie u
contractors and undertakes for said d
paid balance of the cost of constructs
of said new traffic bridge, and in ordeft
provide the fund for the retir0mente
said certificates of payment and inte{a
thereon, the City OF Shreveport ard I
Parish of Bossier bind themselves f1nI
and fully to charge and collect toIls /
all traffic on said proposed bridge, M
same is completed and accepted, WIN
tolls and charges shall not be less IA
are shown in the following schedul
to-wit:
Each vehicle and driver drawn 81 I
animals, 20 cents.
Each vehicle and driver drawn bY a
animate, 20 cents,
Each vehicle and driver drawn byi III
animals, 10 cents.
Each vehicle and driver drawn by TN
animals, Is cents.
Each vehicle and driver drawn b. 4
animals, 10 cents.
Each vehicle and driver drawn BY 4
animal, 10 cents.
Each horse and driver, or rider,
cents.
Pedestrians and additional psrsnns
vehicles, 5 cents.
Loose horses, mules, etc., 5 cents,
Other stock-goats, hogs, sheep, etcs
3 cents.
School children and policemen, fIee
This schedule shall not apply to ~
sengers in electric railways that mayl
hereafter operated over said bridge,
said city and parish may contract "
electric railway companies for the PM
lege of crossing said bridge, and
sums received from such sources a
be considered as toll, charge or colls
ton, and shall be applied in like mar
as all other tolls, charges and collects
hereinbefore mentioned.
Sec. Ii. Be it further ordained, a
That said new bridge shall not be ad1
bridge, nor shall the cost thereof belll
tied to $500, GOO, and after its compleii
and prior to the date of the cost Of q
struction or the retirement of the 7
outstanding certificate of paymen
should any maintenance or repairs
necessary thereto, the same may BE- do
by the city ane parish and may be r
out Of the tolls and charges heretoit
referred to, not to exceed in any .
year the sum of $1,000.
Sec. IL. Be it further ordained, q
That the ordinance of the City
Shreveport, introduced January u, "
and which has already passed its 4
reading, be, when it is finally pass
and becomes effective, and the SANE
hereby approved, joined with, accept
and Endorsed, unless the same conibl
herewith, and this ordinance shall
effective and binding only when II q
have been accepted, joined with, 4
dorsed and approved by the passsge
the ordinance aforesaid by the g
Council of the City of Shreveport,
Sec. 13. Be it further ordained, g
That the President of the Poles y
of the Parish of Bossier, on the par
the Parish Of Bossier, is authorized, =
powered and instructed to sign all q
essary contracts, documents and pap
which may be necessary to carry outs
provisions hereof, and upon the seo
ton Of all of the measures hereof byS
r.kx, L l.