Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1910-11-04

period not exceeding forty (4o) years when
Der and amount Of the property taxpayers
Constitution and laws of this State, who
vote at an election held for that purpose
and in the manner provided in the hrst part
through the Boards of 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
par.
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
which the land is situated shall, upon the
petition of not less than majority in acre.
age OF the property taxpayers, resident and
nonresident, In the area to be affected, as
certain the cost of drainage and retaining
said land and incur debt against said land
for an amount sufficient to drain and reclaim
1t, and issue for said debt negotiable bonds
running not longer than forty t40) years
from their date and bearing interest at
rate not exceeding five go 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
forced contributions or acreage taxes in an
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 Ut maturity:
provided, that such forced contribution or
acreage taxes, for all purposes. shall never
exceed Three Dollars and Fifty Cents (S3.50)
per acre per annum.
The police juries of the various parishes
constructing highways and public buildings
for the parish. and the governing authorities
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
G0) years. and bearing interest at rate
not exceeding five l5l per centum per an
num- which bonds shall not be Sold for less
than par; the avails Of the residue of the ten
(10) mill tax authorized by Article 232 of
the Constitution of Louisiana.
Section 2. Be it further resolved, etc.
That this proposed amendment shall be sub
mitted to the qualified voters of this State
for adoption or rejection at the Congress
sional election to be held in November. 1910;
and il adopted. the same shall take effect
Immediately thereafter.
Section 8. Be it further resolved. etc,
That on the official ballots to be issued at
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
tiele Two Hundred and Eighty-one Of the
Constitution of Louisiana and each eector
shall indicate, as provided in the general
election laws of the State which of the
propositions, For" or Against" he votes.
r. G. DUPRE,
Speaker Of the House of Representatives.
P. NJ. LAMBREMONT,
Lieutenant Governor and President OF the
Senate.
Approved: July 6. 1910.
J. Y. SANDERS,
Governor of the State of Louisiana
A true copy:
JOHN T. MICHEL.
Secretary Of State.